The trouble began far away from the leaky concrete house and stand of banana trees that Sakunthala Radhakrishnan calls home. In 19 years as a textile worker in southern India, Radhakrishnan saved enough to buy gold jewelry. She sent money to her parents and fattened up her skinny daughter with fancy ...

ndia's garment exports stood at $10.13 billion in 2008-09, growing by a moderate 4.6 per cent over the previous fiscal despite demand erosion in the US and European economies, reeling under recession. Apparel exports were $9.68 billion in 2007-08. The business confidence would continue to remain low key during the first quarter ...

The Cotton Association of India (CAI) has revised India’s cotton export estimates down at 4 million bales for the cotton year 2008-09. Earlier, the cotton body had pegged cotton exports from the country at 5 million bales. According to ...

The Handloom Mark Scheme introduced by the Central Government has received poor response from weavers in Salem district. The district has over 28,000 private weavers. But only about 250 weavers have registered under the scheme till January 2009. Forty three ...

Gokaldas Exports Ltd., India’s biggest garment exporter, says the rupee’s slide to a record low helped to win orders from rivals in China, where the yuan gained against the dollar in the past year. “The yuan’s stability and the rupee’s ...

The five per cent duty incentive and rupee depreciation against the dollar seem to have revived cotton exports in the last three months. Of the total cotton exports of 9.5 lakh bales till March 31, about 5.97 lakh bales have been shipped in the first quarter of the calendar year 2009, ...

As part of the International Year of Natural Fibres 2009, the Indian Council of Agricultural Research (ICAR) is organising an in international conference at the Mumbai-based Central Institute for Research on Cotton Technology. To be held in Mumbai during April 16-18, the conference has been titled ‘Emerging trends in production, processing ...

Mumbai, April 3 Cotton Corporation of India (CCI), the nodal government agency for procurement of cotton under MSP (minimum support price), has sold 61 lakh bales (lb) till March out of the total procurement of 88 lb. Mr S.C. Grover, Chairman and Managing Director, CCI, said: “We have sold 60.85 lb ...

In a bid to revive textiles and garment industry, Assocham today has urged the government to maximise fiscal policy support and also ensure interest subvention scheme so that it gradually comes out of its current recessionary plight. The weakening rupee against dollar normally should have given some relief to textile ...

India has challenged a move by Turkey, its second-biggest market for textiles, to shield Turkish industry from surging cotton yard imports, a document on the World Trade Organisation (WTO) website showed on Wednesday. The document, dated March 5, said India as an exporter of cotton yarn was seeking consultations with Turkey ...