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25-Jan-2021  Production Linked Incentive for textiles may be capped to ensure better distribution    
The Textile Ministry is likely to impose caps on the incentive that can be claimed by a company under the Production Linked Incentive (PLI) scheme for man-made fibre and technical textiles to ensure that big players do not corner a large part of the funds, according to sources. Read More  

25-Jan-2021  Now the cotton production crisis    
It takes a special kind of talent to waste a country’s natural comparative advantage, especially one that feeds into its primary export industry, in the way successive Pakistani governments have neglected cotton production. From a one-time big producer and exporter Pakistan now needs to import incr Read More  

25-Jan-2021  Bangladesh the preferred option in an uncertain world    
Among the main characteristics which brands look for when entering a sourcing destination are political stability. Stability brings confidence and certainty and allows brands and retailers to plan long-term. The last thing any brand wants is to be shifting from one sourcing destination to another. Read More  

22-Jan-2021  Textile industry pins high hopes on Union budget    
The textile industry, which has been crippled by the Covid-19 pandemic, has shown good signs of recovery in the last few months and now has a lot of expectations from the upcoming budget. Read More  

22-Jan-2021  Cotton jumps to over 2-year high    
ICE cotton futures rose over 1% on Thursday to more than a two-year high on the back of a weaker dollar and a rally in global equities, while investors were looking forward to the US weekly export sales report. Read More  

20-Jan-2021  Standing Committee on Labour holds meeting with textile industry    
The Parliamentary Standing Committee on Labour held a meeting with the heads of the textile industry associations on Tuesday at Tiruppur. The industry sought efforts to boost production of man-made fibre (MMF) textiles in the country. Read More  

20-Jan-2021  Budget 2021 may unveil mega textile park scheme    
The upcoming budget could unveil a scheme for setting up of mega textile parks aimed at positioning India as a fully integrated, globally competitive manufacturing and exporting hub. Read More  

20-Jan-2021  Textile bodies join hands across Asia    
Major textile exporters of Pakistan have formed an association with their counterparts from other Asian nations in an effort to remove the obstacles hindering swift export of textile. Read More  

20-Jan-2021  Tamil Nadu textile firms seek govt help to tap man-made fibre clothing segment    
The textile manufacturers of Tamil Nadu have called for conducive government policies to make India a major player in man-made fibre (MMF) textiles and clothing products globally. They sought certain tweaks in the soon to be implemented labour laws and permission for liberal import of MMF yarn by Read More  

20-Jan-2021  Cotton farmers sell below MSP as procurement lags    
Farmers say that the slow pace of procurement by the Cotton Corporation of India (CCI) has driven many of them in desperation to middlemen and settle for prices much lower than the minimum support price (MSP). Read More  

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