by TANVI_MUNJAL | Oct 5, 2024 | apparel, News & Insights
The readymade garment (RMG) industry in Tamil Nadu is poised for a significant growth spurt, driven by rising demand and increased exports. According to a recent report by CRISIL Ratings, the revenue of RMG exporters in the state is expected to soar by 8-10% to Rs...
by TANVI_MUNJAL | Nov 28, 2023 | Business & Policy, News & Insights
Tamil Nadu’s textile industry is facing a critical juncture as it seeks to expand and diversify its portfolio in line with emerging global opportunities. Currently, the sector heavily relies on cotton and synthetic materials sourced from outside the state, with...
by TANVI_MUNJAL | Nov 19, 2023 | Business & Policy, News & Insights
In a bid to propel Tamil Nadu to the forefront of the textile industry, the state government is set to unveil a revised textile policy. The announcement was made by R Gandhi, the Minister of Handlooms and Textiles, during the prestigious International Conference on...
by TANVI_MUNJAL | Nov 10, 2023 | Finance & Economy, News & Insights
Workers employed in textile mills across Tamil Nadu are enduring the disappointment of receiving lower bonuses for Deepavali this year in contrast to the previous year. Alarming data released by a Coimbatore-based textile mill association reveals that a majority of...
by TANVI_MUNJAL | Nov 7, 2023 | Finance & Economy, News & Insights
In a blow to the textile industry, open-end spinning mills in Tamil Nadu have decided to temporarily halt operations from November 7 to November 30. This decision comes as these mills, which supply yarn to producers of a range of products including mops, mats, kitchen...
by TANVI_MUNJAL | Oct 31, 2023 | Apparel, Fashion & Retail, News & Insights
Sulochana Cotton Spinning Mills, a textile powerhouse based in Tiruppur, Tamil Nadu, is leading the way sustainably and circularly. Nestled on a sprawling 150-acre campus in Chitambalam, just an hour’s drive from Coimbatore, the facility is a green oasis teeming...
by TANVI_MUNJAL | Oct 27, 2023 | Fabrics & Processing, News & Insights
The continuous rise in the import of dyed knitted fabrics, despite the imposition of import duties, is causing concern in Tamil Nadu’s textile industry, according to Prabhu Dhamodharan, the Convenor of the Coimbatore-based Indian Texpreneurs Federation (ITF)....
by TANVI_MUNJAL | Oct 19, 2023 | Business & Policy, News & Insights
Tamil Nadu has experienced a significant impact due to the progress made by Bangladesh, its neighbouring country, resulting in a decline in its status as India’s prominent textile hub and knitwear capital. The signing of the Free Trade Agreement (FTA) between...
by TANVI_MUNJAL | Oct 10, 2023 | Industry And Cluster, News & Insights
The government of Tamil Nadu is in the process of adopting a number of changes in the handloom sector. These reforms include increasing the pay of weavers and enhancing marketing in an effort to interest younger people in weaving. During an interview with DT Next, a...
by TEXTILE VALUE CHAIN | Apr 1, 2020 | Traditional Textiles
Tamil Nadu is a southern state of India which is a land of cultural and religious heritage. Known to be one of the oldest civilizations in the world, the people of Tamil Nadu belong to the prestigious Dravidian Family. Tamil Nadu is a plethora of history and beauty....