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| Cotton yield hits 4-yr low, dips 5.45% | 14-NOV-09 |
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| The country’s cotton yield has hit a four-year low in the current season, as the delayed monsoon disrupted sowing earlier. This is for the consecutive year that the country’s cotton output is estimated to slip below 30 million bales (1 bale = 170 kg). The cotton season starts from October and ends in September. |
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| MP may become a preferred investment destination: EU | 13-NOV-09 |
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| European Union said on Wednesday Madhya Pradesh may become a preferred investment destination for European nations. The potential areas are engineering, graphite, agri-processing, knowledge-based economy,textile, garment, research and development. |
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| Suspend cotton exports to help textiles ind: FIEO | 12-NOV-09 |
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| Exporters today appealed to Prime Minister Manmohan Singh to suspend export of raw cotton saying rising prices of the commodity has become a double whammy for textiles industry, hit by the global demand slump. |
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| AP new industrial policy to focus on manufacturing | 12-NOV-09 |
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| The Andhra Pradesh government is working on a new industrial policy to give thrust to the manufacturing sector. The government is contemplating district-specific incentives for investors in line with its objective of taking industries to interior villages to provide employment to the locals. |
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| Deccan Cargo's global ops put on hold for now | 11-NOV-09 |
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| G R Gopinath, who kickstarted his Deccan Cargo air services during May earlier this year, has put the international operations of the cargo ariline on hold even as the domestic operations kickstarted this week. |
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| NTC to set up three new mills for integrated ops | 06-NOV-09 |
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| National Textiles Corporation (NTC), which swung back into profit after a long hiatus, will set up three mills that will help it diversify into areas like weaving and garment making. |
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| S Kumars' profit grows 18% to Rs 69 crore | 02-NOV-09 |
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| Textile major S Kumars Nationwide (SKNL) has recored an 18 per cent jump in consolidated profit after tax (PAT) to Rs 69.25 crore for the second quarter of the current fiscal. |
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| Textile exports may still decline | 31-OCT-09 |
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| The over $50-billion domestic textile industry has appreciated the recovery in the US economy during the September quarter. But industry players have also expressed doubts whether the development will help the industry’s exports end with a positive growth in the current financial year. |
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| Alok Ind operating PAT up 26% at Rs 57 cr | 30-OCT-09 |
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| Integrated textile company Alok Industries today said its operating profit after tax rose 26.18 per cent at Rs 57.11 crore in Q2 FY'10 against Rs 45.26 crore in the year-ago period. |
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| NTC to open 25 showrooms | 29-OCT-09 |
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| The National Textile Corporation (NTC) is set to open 25 new showrooms across the country, of which the lone showroom for the state of Uttar Pradesh will be opened in Kanpur. The initiative is aimed at expanding its customer base apart from an aggressive marketing for its products. |
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