Yarn

With 45 percent of India’s yarn exports going to Bangladesh, any benefit to that market will mean better prices for Indian yarn exporters and textiles

Fortunes of cotton textile industry go into a tailspin

India’s cotton textile industry is in a tight spot. Cotton and yarn prices are tumbling on the back of weak demand, particularly in big markets such as the US and Europe

SIMA hails removal of anti-dumping duty on spandex yarn

The Southern India Mills' Association (SIMA) on Sunday thanked Prime Minister Narendra Modi, Union Finance Minister Nirmala Sitharaman and Union Textile Minister Piyush Goyal for removing the anti-dumping duty on elastomeric filament yarn.

Pakistan lifts ban on Indian cotton, sugar as prices rise, tensions ease

Pakistan's Economic Coordination Council, a top decision-making body, on Wednesday allowed the private sector to import 0.5 million tonnes of white sugar as Islamabad tries to keep soaring domestic prices in check, government officials told Reuters.

Tirupur Exporters Association optimistic of cut in yarn prices

Shanmugham had requested to consider TEA's plea for reduction of yarn prices as MSMEs are in large numbers and also ensuring supply of yarn in time as per the commitment given to the members of the association.

Expect Q4 to be better than Q3: Filatex India

Madhu Sudhan Bhageria, Vice Chairman & Managing Director of the company expects Q4 to be better than Q3. “Q3 was not that good because of demonetisation, the demand had gone down. However, Q4 will be much better than Q3 or Q2”, he said.

Aiming for 50-60% utilisation by FY18: Trident

Pawan Jain, CFO, Trident in an interview to CNBC-TV18 spoke about the business outlook going forward for their difference businesses – yarn, paper, textile, bed linen etc.

Filatex India rises 5%, starts yarn production at Dahej unit

The company's project for manufacturing of 115 TPD Fully Drawn Yarn (FDY) and 200 TPD of Drawn Textured Yarn (FTY) at Dahej, Gujarat has been fully commissioned.

Looking to expand yarn & fabrics business: Vardhman Textiles

Vardhman Textiles has sold 40 percent stake for Rs 413 crore to A&E Global. Neeraj Jain, Joint MD of the company expects the topline to come down for one-two years on account of the loss of revenues due to this stake sale.

Maintain operating margin of 18-22% in FY17: Vardhman Textiles

The company reported a subdued topline growth in the first quarter. This was due to decline in price of yarn and fabric, the the two biggest business segments for the company by almost 4 percent. But Jain says efforts were made to compensate by increase in productivity.

'High cotton prices may hit spinners' profitability in Q2FY17'

Domestic prices of ginned cotton have increased significantly from Rs 90-92/kg in April 2016 to Rs 122/kg currently.

Indigo, Lloyd Electric, Indo Count top picks:Capitalmind

Deepak Shenoy, Founder of Capitalmind.in is generally positive on the airline industry but picks indigo as his top bet. He believes lower crude coupled with increasing passenger traffic would help keep up the momentum in the sector.

Demand increasing 10% per annum: Ganesha Ecosphere

In an interview to CNBC-TV18, Gopal Agarwal, CFO, Ganesha Ecosphere, shares his views on the company's performance and outlook for the future.

Chinese fabric maker spins yarn for the Indian market

Supplier to the biggest menswear labels globally, Luthai Textiles is set to make a foray into the retail market in India

Vardhman Textiles Q1 net up over two-fold to Rs 144.5 cr

The company had reported a net profit of Rs 54.89 crore in the corresponding quarter of previous fiscal. Net sales in the quarter under review was at Rs 1,193.61 crore, an increase of 27.03 percent compared with Rs 939.58 crore in the same quarter last year, the company said in a filing with BSE.

Export sops for cotton, yarn restored

The government today announced restoration of incentives on export of cotton and cotton yarn following a sharp fall in domestic and international prices of the commodities.

Demand weak due to crash in cotton prices: Patspin India

In an interview with CNBC-TV18, BK Patodia, Chairman, Patspin India spoke about the company's quarterly, latest happenings and the road ahead.

Govt allows free exports of cotton yarn

The government today removed restrictions on exports of cotton yarn. As against the previous policy of exports under lincence, cotton yarn exports are now allowed after registering with the Directorate General of Foreign Trade (DGFT), a government notification said.

Nitin Spinners expects to clock Rs 400cr revenue in FY11

Nitin Spinners has declared its third quarter results. The company's Q3 standalone net sales were up at Rs 106 crore versus Rs 78 crore. Its EBIDTA margins was up at 21% versus 10.83%.

Will have to buy yarn at mkt pr in next qtr: Nahar Spinning

In an interview with CNBC-TV18’s Reema Tendulkar and Ekta Batra, Dinesh Oswal, MD of Nahar Spinning spoke about the recent happenings in the company and the future ahead.