by DIGITAL MEDIA EXECUTIVE | Mar 25, 2023 | Event Calendar
After some time away, international and domestic industry players have proved their eagerness to congregate once again at one of Asia’s leading yarn and fibre trading platforms, with the fair at maximum capacity. Covering 27,000 sqm gross in hall 8.2 at the National...
by DIGITAL MEDIA EXECUTIVE | Mar 23, 2023 | Country Report, PRICE REPORT
In a letter to Sitharaman, MPs from the Communist Party of India (Marxist), Dravida Munnetra Kazhagam, All India Trinamool Congress, Indian National Congress, and Bharatiya Janata Party complained that a proposed anti-dumping duty on VSF of $0.512/kg would increase...
by DIGITAL MEDIA EXECUTIVE | Mar 23, 2023 | cotton industry, COTTON PRICE, Yarn Price
Since February, Gujarat’s cotton exporters have noticed an unexpected increase in demand from Turkey and Europe for yarn. Turkey is now importing Indian cotton because, according to trade analysts, the sector that is most negatively impacted by the terrible...
by DIGITAL MEDIA EXECUTIVE | Mar 17, 2023 | Import/Export
According to data given by the department of commerce under India’s ministry of commerce and industry, readymade garment exports (RMG) of all textiles climbed by 3.28 percent to $14,742 million in the first eleven months of fiscal 2022-23 (FY23, April 2022 to...
by DIGITAL MEDIA EXECUTIVE | Mar 17, 2023 | Fibres and Yarns
16th March 2023: Shri. Ananda Bhaskar Rapolu (Former Member of Parliament and critical figure in India’s textile and weaving industry) and a delegate of MPs from across the political parties spoke to Hon’ble Finance Minister Smt. Nirmala Sitharaman to act against the...
by DIGITAL MEDIA EXECUTIVE | Mar 16, 2023 | Event Calendar
The third edition of the Global Textile Conclave (GTC), which will take place on March 15, 16, and 17, 2023 in Jaipur, India, has been officially announced by the Confederation of Indian Textile Industry (CITI). The third edition of the Global Textile Conclave, with...
by DIGITAL MEDIA EXECUTIVE | Mar 15, 2023 | COTTON PRICE, Yarn Price
After a reduction in yarn prices during the second half of last week, North Indian markets have observed a decline in cotton yarn prices today in Ludhiana. The cost of cotton yarn in the Delhi market has remained constant. Traders claim that the recent drop in cotton...
by DIGITAL MEDIA EXECUTIVE | Mar 14, 2023 | Trade Analysis
According to the newspaper, Goyal added, “Textile exports have a dual difficulty. Following the Ukraine conflict, many nations are experiencing foreign exchange issues, which has caused many countries to reduce non-essential imports. He gave examples of Indian...
by DIGITAL MEDIA EXECUTIVE | Mar 14, 2023 | Event Calendar
New Delhi, March 14, 2023 – The Confederation of Indian Textile Industry (CITI) is pleased to announce the 3rd edition of the Global Textile Conclave (GTC) which is to be held on 15th, 16th, and 17th March 2023 in Jaipur, India. Shri T. Rajkumar, Chairman-CITI...
by DIGITAL MEDIA EXECUTIVE | Mar 13, 2023 | Global Textiles
The 2023 of SCOTT Racing Team XCM started from the island of Elba in early February, where the 4 riders gathered for the Training Camp organized by Team Manager Mario Noris and his staff. Saying goodbye to 3- Ime Italian XCM champion Juri Ragnoli, the team has...
by DIGITAL MEDIA EXECUTIVE | Mar 10, 2023 | Finance & Economy, Yarn Price
Despite a predicted decline in price realisation of 3-5%, operating profitability for producers of polyester yarn will increase by 100 basis points (bps) year over year. A CRISIL analysis states that this will be fueled by fewer imports from China, cheaper raw...
by DIGITAL MEDIA EXECUTIVE | Mar 10, 2023 | Tradefair Organiser
After the January confirmation of China’s borders reopening, there has been an increase in the country’s trade fairs and other international in-person business activities. With its spring textile shows around the corner, Messe Frankfurt is looking forward to welcoming...