All posts tagged: Textile

Yogi govt fast-tracks five textile and apparel parks

Yogi govt fast-tracks five textile and apparel parks

Published by Parlour News

All decks have been cleared for five large Textile and Apparel Parks in five districts across the state for which the state cabinet has approved transfer of land. Yogi govt fast-tracks five textile and apparel parks These parks will come up in Varanasi, Amroha, Bareilly, Sant Kabir Nagar and Bijnor. A total of over 326 acres of land has been earmarked for these parks and cabinet approval has been granted for transfer of all land parcels, said the state government on Monday. All projects will be established on Public-Private Partnership (PPP) model. The government’s objective is to attract investment as well as create employment on a large scale in the state, added the government. The notification for formation of the authority for project implementation has been issued. The Northern India Textile Research Association (NITRA) has submitted the pre-feasibility report for the Varanasi park, while revised pre-feasibility reports for the remaining four parks are being prepared. These reports will be finalised after incorporating suggestions from the industry Work on construction of the approach road is also …

Tamil Nadu CM Vijay urges Prime Minister Modi to scrap cotton import duty amid textile sector crisis

Tamil Nadu CM Vijay urges Prime Minister Modi to scrap cotton import duty amid textile sector crisis

Published by Webster

Tamil Nadu Chief Minister C. Joseph Vijay on Thursday urged Prime Minister Narendra Modi to immediately remove the 11 per cent import duty on cotton, warning that the state’s textile and apparel sector was facing a severe crisis due to spiralling raw material costs. In a letter addressed to the Prime Minister, Vijay said the sharp increase in cotton and yarn prices had put immense pressure on garment manufacturers and threatened the livelihoods of lakhs of workers dependent on the sector. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

West Asia conflict hits Surat textile industry, output drops sharply

West Asia conflict hits Surat textile industry, output drops sharply

Published by Webster

Gujarat`s textile hub in Surat has started feeling the pinch of rising input costs due to the ongoing West Asia conflict, with several units either curtailing their daily working hours or bringing down their active production days. Some office-bearers claimed that the industry was currently facing losses of around Rs 100 crore every day. Surat city is among India`s largest centres for man-made fabric production. The South Gujarat Textile Processors Association has decided to limit the operational days of units to five days a week instead of seven in a bid to manage rising costs, its president Jitendra Vaktania said. “Due to rising costs of raw materials and coal, the textile processing industry in Surat and South Gujarat is facing a crisis,” he said. Several units have also scaled down production cycles from 24 hours to 12 hours a day, impacting overall output, said Ashok Jirawala, president of the Federation of Gujarat Weavers` Welfare Association and vice-president of the Southern Gujarat Chamber of Commerce and Industry. “The situation has become challenging, with the industry incurring …

Chhattisgarh offers incentives up to 200% of investment to boost textile, garment manufacturing| India News

Chhattisgarh offers incentives up to 200% of investment to boost textile, garment manufacturing| India News

Published by Parlour News

New Delhi: The Chhattisgarh government is offering incentives of up to 200% of Fixed Capital Investment (FCI) to attract investments in textile and garment manufacturing as it looks to diversify beyond its mineral-based economy Chhattisgarh is expanding into textile and garment manufacturing. A garment manufacturing unit worth ₹100 crore in Chhattisgarh may qualify for incentives of up to ₹200 crore under the state’s Industrial Development Policy 2024-30, depending on the scale of the project, employment generation, and fulfilment of eligibility criteria. “The focus has been to reduce friction for investors by combining infrastructure readiness with a comprehensive incentive framework,” said Rajat Kumar, Secretary, Department of Commerce & Industries, Government of Chhattisgarh. He further added, “Our textile parks in Nava Raipur are designed to enable quick scale-up and efficient operations from day one.” The state is expanding into textile and garment manufacturing with plug-and-play infrastructure in Nava Raipur, India’s first greenfield smart city of the 21st century. The parks offer plots ranging from 0.3 to 10 acres and are equipped with reliable power and water supply, …

With cost of inputs rising and exports disrupted, textile units in Perambalur take a hit

With cost of inputs rising and exports disrupted, textile units in Perambalur take a hit

Published by Parlour News

Textile manufacturing units in Perambalur district are facing a mounting pressure as raw material prices continue to surge amid the ongoing conflict in West Asia, triggering concerns over production cuts and financial strain. Industry sources said the prices of key raw materials such as polyester fibre and synthetic yarn, largely derived from petroleum products, have increased sharply in recent weeks. The surge is linked to disruptions in crude oil supply and shipping routes in the Gulf region. It is said that polyester fibre prices alone have climbed steeply, with similar trends seen across other synthetic fibres used in textile production. The situation has been worsened by delays in imports and escalating freight charges, making it increasingly difficult for small and medium-scale units to sustain operations. According to C. Balakrishnan, merchandiser of a Karur-based textile company, raw material costs, particularly dyes, have increased by 15% to 30%. Polyester prices have risen by around ₹40 a kg. The prices of other essential inputs, including elastic and packaging materials, have escalated sharply. He added that unit owners are …

‘Picture unclear’: US tariff cut draws cautious response from Bhiwandi’s textile market | Mumbai News

‘Picture unclear’: US tariff cut draws cautious response from Bhiwandi’s textile market | Mumbai News

Published by Parlour News

3 min readMumbaiFeb 4, 2026 11:00 PM IST Even as the US has agreed to reduce tariffs on Indian goods from 50 per cent to 18 per cent, reactions from Bhiwandi’s textile market have been cautious, with powerloom owners saying the cut still leaves duties well above earlier levels and the impact on their business remains uncertain. Bhiwandi was a thriving powerloom hub with a report from the National Institute for Micro, Small and Medium Enterprises (NI-MSME) stating that as many as 12 lakh powerlooms alone were situated in Bhiwandi with its industry’s turnover estimated at Rs 10,000 crore annually. Having transitioned from traditional handlooms, the powerlooms in Bhiwandi spin yarn to churn out raw material, known as grey cloth in local parlance, which is later sent across merchants and centres for finished textile products. However, in the recent past, the total number of powerlooms in Bhiwandi has dwindled below 4 lakh owing to the blows dealt to the unorganised industry by demonetisation, followed by immediate implementation of GST and high power tariffs. The sharp …

EU FTA impact: Auto stocks slump, but textile companies climb | Business News

EU FTA impact: Auto stocks slump, but textile companies climb | Business News

Published by Parlour News

Shares of Indian automakers slid sharply on Tuesday as India and the European Union (EU) announced the finalisation of a Free Trade Agreement (FTA) that will see auto manufacturers from the 27-nation bloc facing a sharp reduction in tariffs while entering India, potentially posing hurdles for domestic carmakers. Shares of major automakers closed 1-4% lower compared to Monday, with the Nifty Auto index ending down 0.9%. Hyundai Motor India closed 4% lower, while Maruti Suzuki India settled 1.4% down after falling as much as 2.9%. Mahindra & Mahindra closed 4.2% lower after falling 5.6% intraday. The manufacturer has a large portion of SUVs in its portfolio, and they are seen facing the biggest impact from the EU FTA as cars in the segment are priced around the minimum import price limit. “The impact (from the trade deal) is likely to be around 3-4% of volume for M&M and around 1-2% maybe for smaller players (in the SUV segment) like Maruti Suzuki and Tata Motors,” an analyst tracking the sector at a domestic brokerage said. On …

Kerala: Fire at Kozhikode textile market doused with no casualties, confirms dis

Kerala: Fire at Kozhikode textile market doused with no casualties, confirms dis

Published by Webster

Kozhikode`s District Fire Officer has confirmed that the fire which broke out at a textile market near the Mofussil bus stand area has been completely doused without any casualties being reported. Kozhikode DFO Ashraf Ali KM mentioned that nearly all fire stations in the area had responded to the fire, which was controlled around 10 PM on Sunday. “The fire has been put out completely…Nearly all the fire stations responded…Around 10 pm, we got the fire under control and now it has been completely put out… No casualties reported,” DFO Ali told ANI. Kerala Minister AK Saseendran expressed relief that no casualties were reported in the incident, but also urged the people to stay away from the area and cooperate fully with the authorities. “The public is advised to stay away from the area for their safety. It is a relief that the fire has been largely contained and that there are no reports of casualties so far. Right now, our priority is rescue and firefighting operations,” the Kerala minister told reporters. On Sunday, a …

Punjab: One worker dies, another missing after textile factory collapse in Ludhiana

Punjab: One worker dies, another missing after textile factory collapse in Ludhiana

Published by Webster

Two teams of National Disaster Response Force and other teams of police, fire brigade and factories departments, the Municipal Corporation were undertaking the rescue operation. A tragic incident occurred late Saturday evening when a multi-storey building of a textile factory collapsed in the Focal Point Phase-8 area, Ludhiana. The building caved in, trapping several workers under the debris. According to officials, 12 workers were believed to be trapped, of whom 11 have been rescued. However, one worker tragically died in the hospital due to injuries, and the fate of another worker remains uncertain as they are still missing. Details of incident: The collapse occurred around Saturday evening when a loud sound was heard before the structure gave way. The National Disaster Response Force (NDRF) teams, along with police, fire brigade, and factory departments, swiftly arrived at the site to carry out the rescue operation. Initial reports stated that seven workers were trapped under the rubble. As of now, 11 workers have been successfully rescued. However, one worker succumbed to their injuries in the hospital despite …

Gujarat fire officer says 50% of Surat’s Shiv Shakti textile market charred | Latest News India

Gujarat fire officer says 50% of Surat’s Shiv Shakti textile market charred | Latest News India

Published by Parlour News

Feb 27, 2025 10:28 AM IST Firefighters are battling a large blaze at Surat’s Shiv Shakti textile market, with nearly half the stores destroyed. Firefighters are using hydraulic platforms to battle a massive blaze that broke out at Surat’s Shiv Shakti textile market on Wednesday morning, destroying nearly half of the stores, officials said, adding that dousing operations are being carried out from the outside due to the building’s unstable structure. Nearly half of the shops at Surat’s Shiv Shakti textile market were destroyed by a large fire that started Wednesday morning and is being fought by firefighters using hydraulic platforms.(ANI) Additionally, authorities have sealed off the area, evacuated people, and deployed police teams to ensure safety and control traffic. Chief Fire Officer Basant Kumar Parikh said the high temperature inside the building is making firefighting efforts challenging. “The temperature is extremely high inside because there was a lot of material kept there. We got the first call yesterday at around 8 AM. We are not sure about the stability of the structure of the …