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Page 2 - Textiles

Textile exporters bat for fine tuning of RoSCTL scheme to retain edge

The discount on tradeable scrips has gone up from 3% to about 20%, benefitting importers who are taking undue advantage at the cost of exporters, says industry

Textile exporters bat for fine tuning of RoSCTL scheme to retain edge
Updated On : 17 Jun 2022 | 7:10 PM IST

Shanghai setback leaves Ludhiana's apparel industry staring at losses

Repeated supply shocks have brought the Rs 20,000-cr textile hub to its knees

Shanghai setback leaves Ludhiana's apparel industry staring at losses
Updated On : 09 Jun 2022 | 6:10 AM IST

Textile in trouble

Govt must revisit the GM policy

Textile in trouble
Updated On : 10 May 2022 | 10:04 PM IST

Surat's looming crisis: Workers, industries pay the price of power cuts

The second part of a series on power crisis takes you to Surat, a commercial textiles hub. This ground report looks at the impact on weaves and knit

Surat's looming crisis: Workers, industries pay the price of power cuts
Updated On : 10 May 2022 | 6:10 AM IST

We should take textiles exports to $100 billion by 2030: Goyal

The textiles minister also said the exports would get a boost as the sector would get zero duty access in the UAE and Australia.

We should take textiles exports to $100 billion by 2030: Goyal
Updated On : 12 Apr 2022 | 2:16 PM IST

We should cross $40 billion export-mark this year: Textiles Secretary

India's textiles exports are expected to cross $40 billion during the current fiscal, Textiles Secretary UB Singh said on Wednesday.

We should cross $40 billion export-mark this year: Textiles Secretary
Updated On : 09 Mar 2022 | 5:21 PM IST

Govt clears 20 strategic projects under National Technical Textiles Mission

The projects were approved at a meeting chaired by Textiles Minister Piyush Goyal

Govt clears 20 strategic projects under National Technical Textiles Mission
Updated On : 17 Jan 2022 | 9:39 PM IST

Kitex Garments surges 23% in three days on strong revenue growth in Q3

Kitex Garments reported a strong 69 per cent year on year growth in total revenues at Rs 205 crore in October-December quarter.

Kitex Garments surges 23% in three days on strong revenue growth in Q3
Updated On : 06 Jan 2022 | 1:41 PM IST

Textile shares rally on improved outlook; Sangam, Vardhman hit new highs

According to rating agency CRISIL, the domestic textile industry is firmly on course to recover in fiscal 2022 on the back of reopening of businesses, educational institutions and retail outlets.

Textile shares rally on improved outlook; Sangam, Vardhman hit new highs
Updated On : 03 Jan 2022 | 11:57 AM IST

GST Council defers rate hike in textiles, refers issues to ministers group

'We will retain the status quo', says Finance Minister Nirmala Sitharaman after emergency meeting in Delhi.

GST Council defers rate hike in textiles, refers issues to ministers group
Updated On : 01 Jan 2022 | 12:56 AM IST

Textile and apparels firm Raymond incorporates new firm for real estate biz

TXRL has been incorporated with the object to undertake real estate business, Raymond said

Textile and apparels firm Raymond incorporates new firm for real estate biz
Updated On : 29 Dec 2021 | 2:20 AM IST

Govt issues guidelines for textiles PLI scheme worth Rs 10,683 crore

Companies have to inform the ministry of textiles about their annual investment plan.

Govt issues guidelines for textiles PLI scheme worth Rs 10,683 crore
Updated On : 29 Dec 2021 | 12:59 AM IST

Amit Mitra urges PM to call GST meet to reverse tax hike on textiles

He had accused the Centre of not discussing the issue in the GST council before announcing the hike

Amit Mitra urges PM to call GST meet to reverse tax hike on textiles
Updated On : 27 Dec 2021 | 3:29 AM IST

A tough yarn for textiles: High input costs, GST expected to crimp margins

From January to November, yarn prices reportedly increased from Rs 220 per kg to around Rs 350

A tough yarn for textiles: High input costs, GST expected to crimp margins
Updated On : 30 Nov 2021 | 6:10 AM IST

Volume, export growth help Arvind Ltd post Rs 71 crore Q2 PAT

Firm had posted a loss of nearly Rs 6 cr in the year-ago quarter

Volume, export growth help Arvind Ltd post Rs 71 crore Q2 PAT
Updated On : 27 Oct 2021 | 3:32 PM IST

Union Cabinet approves Rs 10,683-crore PLI scheme for textile sector

The scheme will attract fresh investment of over Rs 19,000 crore, a cumulative turnover of over Rs 3 trillion

Union Cabinet approves Rs 10,683-crore PLI scheme for textile sector
Updated On : 09 Sep 2021 | 1:10 AM IST

Top headlines: Rs 10,683-cr PLI for textiles; 8% dip in Maruti's production

Business Standard brings you the top stories this evening

Top headlines: Rs 10,683-cr PLI for textiles; 8% dip in Maruti's production
Updated On : 08 Sep 2021 | 9:07 PM IST

Textiles stocks in demand; Vardhman, Siyaram Silk, RSWM hit 52-week highs

Siyaram Silk Mills jumped 6 per cent to hit a fresh 52-week high of Rs 344 on the BSE

Textiles stocks in demand; Vardhman, Siyaram Silk, RSWM hit 52-week highs
Updated On : 09 Jul 2021 | 1:44 PM IST

Textile exporters asks buyers to increase prices as raw material costs rise

The textile town in Tamil Nadu exports products worth about Rs 27,000 crore

Textile exporters asks buyers to increase prices as raw material costs rise
Updated On : 23 Mar 2021 | 12:31 PM IST

Van Heusen to increase number of innerwear outlets to 400 in 2-3 years

The company has 45 Van Heusen Innerwear Exclusive stores, more than 350 Van Heusen mainline exclusive stores and Planet Fashion - 260 stores

Van Heusen to increase number of innerwear outlets to 400 in 2-3 years
Updated On : 29 Nov 2020 | 11:53 PM IST