Page 5 - Textile

Sybly Industries to produce yarn using recycled polyester fibre

With this yarn - the demand for which is increasing with many leading companies like Adidas, Levi's, etc sourcing the product from India - Sybly aims to increase margins by 10%

Himatsingka Seide eyes North American market with expansion of sheeting plant

While the sheeting project, increasing capacity from 23 MMPA to 46 MMPA, is likely to be commissioned in July 2016, the company aims to start construction of spinning plant by September 2016

Textile shares rally; Arvind, Raymond up 5%

Donear Ind, Aarvee Denims, Garden Silk, RSWM, DCM, Bombay Dyeing and Sutlej Textiles were up 8%-20%.

Govt unlikely to settle Rs 3,000-crore textile industry dues of 'blackout' period

Starting from June 20, 2010, and ending on April 27, 2011, the blackout period refers to the time when the govt had halted subsidy payment

Select textile stocks gain in weak market; RSWM, Nandan Denim up over 5%

Nahar Spinning Mills, Welspun India, Aditya Birla Nuvo, Reliance Chemotex and Nahar Polyfilms were up 3%-20%.

Govt eyes Australia, Africa to boost textile exports

It is chasing a target of doubling exports in 10 years and is working on a new policy to promote value addition

Leading textiles mills join online sale of extra stocks

The platform, xstok.com, conducts online auctions of fabrics, readymade garments and made-ups

New textile policy to reap Chinese slowdown benefits

The textile sector employs, at present, 35 million people, and aims to double the number by 2022. The government is focusing on training youths in different skills to meet this target

Govt sees 67% increase in disbursal through textile fund in 6 years

Eyes disbursal of Rs 30,000 crore under the Amended Technology Funds Scheme