Mumbai will have its own textile museum
The Maharashtra government has identified four acres of land at Dadar in Mumbai for setting up a textile museum to showcase the history of textile industry in the city. Dadar was once a centre for textile industries, before the strikes in the early 1980s brought with it disaster for the industry.
According [...]
Asian suppliers thrown textile lifelines
Asian nations are assisting struggling textile and apparel sectors as their wider economies rebound, says a recent report. Asia’s economic growth is expected to rebound 7.5% in 2010, up from last year’s 5.2%.
However, in light of lagging global demand some Asian textiles and apparel exporting nations are assisting their industries [...]
Export of Cotton
The Prices of Indian cotton (Sanker-6 variety) have increased from Rs.22,400/- per candy (spot prices) in October, 2009 to Rs.28,800/- per candy on April 16, 2010. This information was given by the Minister of State for Textiles, Smt. Panabaaka Lakshmi in a written reply in the Lok Sabha today to a [...]
Export of Handloom and Handicrafts
The exports of handicrafts including hand-knotted carpets have increased by 3.05% during 2009-10 in comparison to the exports of corresponding year of 2008-09. Due to absence of separate ITC (HS) codes for handloom products, the export data on handlooms is not available. The Ministry of Finance have now notified the codes for [...]
Volcanic ash fallout hits apparel trade
As the cloud of volcanic ash from Iceland made its way across northern Europe over the past week, the massive transportation gridlock that has already brought much of the region to a halt has had a ripple effect on the apparel industry too.
While businesses that rely on airfreight to move perishable goods [...]
Ash clouds affect monthly $1 bn Indian g...
Thousands of businessmen globally are suffering due to volcanic ash clouds that continue to spread across the European skies. According to Federation of Indian Export Organisation (FIEO), exporters are nervous about their huge losses and also fear delay in payments and large-scale cancellation of orders.
Due to air travel crisis, it is [...]
Processing...











