SISPA seeks VAT reduction on cotton

Last Updated: Wednesday, June 3, 2015, 16:27

Considering this, SISPA wants VAT to be reduced to two percent on cotton, cotton yarn, blended and synthetic yarns to safeguard the spinning industry in the state and save the livelihood of lakhs of workers in textile industry, he said.

Aditya Birla fabric unit eyes Rs 1,000 cr revenue in 2 yrs

Last Updated: Monday, March 16, 2015, 18:30

Leading linen fabric-maker Jaya Shree Textiles, a unit of Aditya Birla Nuvo, is aiming at Rs 1,000 crore revenue from its linen, yarn and fabric business in next two years.

Ind-Ra revises cotton outlook for FY16 to negative

Last Updated: Tuesday, February 24, 2015, 22:54

India Ratings & Research (Ind-Ra) has revised cotton outlook to negative for 2015-16 due to decline in domestic yarn production, unlikely recovery in cotton exports and a fall in domestic cotton prices below minimum support prices (MSP).

Government relaxes export norms for cotton

Last Updated: Monday, December 8, 2014, 20:19

The government Monday relaxed export norms for cotton and cotton yarn, doing away with the need to register contracts, to help boost outbound shipments of the commodity.

Oz team develops fabric that can conduct, store electricity

Last Updated: Thursday, June 6, 2013, 19:27

The yarn - about the width of a human hair - is made of super-strong carbon nanotubes coated with small molecules of plastic.

Textiles Min advises cotton yarn producers to reduce prices

Last Updated: Tuesday, April 9, 2013, 23:24

The government Tuesday asked cotton yarn producers to keep the prices low so as to ensure that various segments of the textiles industry, mainly the powerloom sector, are not impacted adversely, industry body AEPC said.

Yarn production to rise by 6.5% in 2012-13: CMIE

Last Updated: Wednesday, October 24, 2012, 18:54

Yarn production is likely to grow by 6.8 percent in 2012-13, mainly on account of rise in cotton yarn production, according to economic think tank CMIE.

No shortage of cotton yarn in the country: Textiles Ministry

Last Updated: Wednesday, September 5, 2012, 19:47

The Textiles Ministry on Wednesday said there is no shortage of cotton yarn and the country has a closing stock of 90 million kg for 2012-13.

India, Turkey to hold talks on cotton yarn dispute next month

Last Updated: Thursday, March 22, 2012, 16:38

India and Turkey will hold negotiations in Ankara next month to resolve their trade dispute over imposition of special import duties on Indian cotton yarn.

Govt notifies export sops for cotton, cotton yarn

Last Updated: Friday, August 5, 2011, 15:18

The government has notified the restoration of incentives on export of cotton and cotton yarn following a sharp fall in domestic and international prices of the commodities.