Tag: textiles

Textile mills, garment units seek measures to improve cotton availability

September 8, 2026 admin

E With cotton and yarn prices continuing to fluctuate, textile mills and garment units in Tamil Nadu are seeking measures to improve cotton productivity and availability. Spurt in demand for cotton yarn globally is among the main reasons for volatility in its prices, said Ashwin Chandran, chairman of the Confederation of Indian Textile Industry. International…

Business

Filatex India to invest ₹300 cr in polyester textile recycling plant in Gujarat

September 3, 2026 admin

For Illustration | Photo Credit: Special Arrangement Filatex India is investing around ₹300 crore to set up a polyester textile recycling plant in Gujarat with an annual capacity of 27,000 tonnes, Chairman and Managing Director Madhu Sudhan Bhageria said. The plant is expected to be commissioned next month and will recycle polyester textile waste into…

Business

Soaring cotton prices put textile mills under pressure

September 2, 2026 admin

Cotton yarn spinning at a textile mill in Coimbatore | Photo Credit: The Hindu : Textile mills are witnessing a revival in cotton yarn demand, with capacity utilisation crossing 90%, but a sharp rise in cotton prices is raising concerns over the sustainability of operations. “The demand for cotton yarn started reviving almost five months…

Business

Cotton production to drop in the 2025-2026 season

August 1, 2026 admin

Production of cotton during the current marketing season that commenced on October 1, 2025 is estimated to be seven lakh bales less than the previous year. The Committee on Cotton Production and Consumption that met in Mumbai on July 29 expected the production this season to be 290.24 lakh bales of 170 kg each while…

Business

Indian garment exporters hope for tariff-rate quota from the U.S.

July 29, 2026 admin

Indian garment exporters are hoping for tariff-rate quota, which countries such as the Bangladesh have got, from Washington as India is also a major buyer of U.S. cotton. Officials in a couple of textile and apparel export promotion councils told The Hindu on Wednesday that the Indian government is trying to negotiate with the U.S….

Business

Union government sets $21 billion textile export target for Tamil Nadu by 2030

June 28, 2026 admin

Union government sets billion textile export target for Tamil Nadu by 2030

Union Textile Minister Giriraj Singh (right) interacted with garment exporters in Tiruppur on Sunday. | Photo Credit: SIVA SARAVANAN S. The Union government has set a target of $21 billion worth textile and apparel exports from Tamil Nadu by 2030, said T.N. Venkatesh, Principal Secretary, Department of Handlooms, Textiles, Khadi, and Handicrafts, Tamil Nadu, in…

Nation

Tamil Nadu Government Order on free dhotis for Pongal distribution to be issued soon

June 25, 2026 admin

Minister for Handlooms, Textiles and Khadi M. Vijay Balaji speaking to The Hindu in Coimbatore on Thursday. S. Siva Saravanan | Photo Credit: S. Siva Saravanan The Tamil Nadu government will issue an order by the end of this month or early July on production of dhotis and sarees for free distribution during Pongal, said…

Nation

Credible and creditable: On Union Budget 2026-27

February 2, 2026 admin

Where Budget 2025 was largely dominated by the income-tax rate and slab relaxations, Budget 2026 has done away with Big Bang measures. Instead, its scattershot approach, through various sectoral and issue-based measures, when taken together, is aimed at propelling India’s growth over the medium term. Given the level of geoeconomic and geopolitical uncertainties that the…

Business

Textile, apparel export see sharp decline in October; government rescinds QCO on viscose fibres

November 18, 2025 admin

With the U.S. tariffs hitting hard, apparel and textile exports saw a 12.91% slump in October compared with last October. While textile shipments last month were worth $1,597 million, apparel exports were $1,069.42 million, as against $1,833 million (textiles) and $1,227 million (apparel) in October 2024. Exports of jute and carpets dropped 27.27% and 15.8%…

Business

Tamil Nadu government provides interest subsidy to modernise textile mills

December 13, 2024 admin

Representational image. File | Photo Credit: S. Siva Saravanan The Department of Handlooms, Handicrafts, Textiles and Khadi, Government of Tamil Nadu, has allocated ₹10 crores for the current financial year (2024-2025) to implement the 6% interest subvention scheme for textile mills that want to invest and upgrade technology. According to an order dated December 9,…

Business