Special Report

India’s Denim Fabric Exports Poised For Growth

Textile Insights August 11, 2023

Denim fabric, a popular and versatile textile primarily used in the production of jeans and other casual garments, is known for its durability, strength and distinctive twill weave, giving it a diagonal pattern. While typically made from cotton yarn, variations using synthetic fibres or blends

Cotton

Textiles Ministry Defers QCO On Cotton By 90 days

Textile Insights August 11, 2023

The Ministry of Textiles issued a notification in which the government has postponed the implementation of the Quality Control Order (QCO) on cotton for three months. The QCO which applies to ginned cotton and unprocessed or also called kapas, will now be implemented from November 27, as stakeholders in the cotton and textile industry had […]

Corporates

Kapaas: Unveiling The Fusion Of Textiles And Intelligence In The World Of Yarn

Textile Insights August 4, 2023

RSWM Ltd. Introduces 100% Cotton Combed Compact Yarn, a Breakthrough in Sustainable Textiles In a momentous event, RSWM Ltd., proudly inaugurated its latest innovation – Kapaas, a fresh line of 100% cotton combed compact yarn. The grand ceremony was graced by the presence of Riju Jhunjhunwala, Chairman and Managing Director of RSWM Ltd., at Banswara, Rajasthan. […]

Cotton

Cotton Ginners Urge Centre To Defer QCO. Warn of Disruption

Textile Insights August 4, 2023

The Cotton Association of India (CAI) and other cotton ginning industry bodies urged the Indian government to defer implementation of proposed Quality Control Order (QCO) for cotton bales. Cotton stakeholders from various states got together in a virtual meeting and decided to form a national body to oppose the implementation of QCO and also represent […]

Cotton

Chinese Agri Ministry Reduces Projection For Cotton Imports

Textile Insights July 24, 2023

Although there are expectations of a lower cotton crop in the 2023-24 cotton season, the Agriculture Ministry of China still reduced its projection for cotton imports on expectations of weaker demand from textile mills. The Agriculture Ministry of China, which is the largest cotton producer in the world, in a statement has also urged its […]

Industry

Indian Cotton Yarn Sector To Witness 5-7% Growth In FY’24

Textile Insights July 22, 2023

Indian cotton yarn industry is likely to witness 5-7 percent year on year growth in sales volume, while the operating margin is expected to expand by 100-150 bps from a year ago in fiscal 2023-24. “Factors contributing to this improvement include the alignment of Indian cotton prices with international prices and a shift in demand […]

Industry

Cotton Spinning Operating Margins Will Expand To 11.5-12.0% – ICRA

Textile Insights July 18, 2023

Operating margins for the Indian cotton spinning industry will expand 50-100 bps to 11.5-12.0 percent in the current fiscal ending March 2024, despite an expected 7 percent decline in revenues. Due to an improvement in orders from the downstream garment companies gearing up for Spring/Summer season of 2024 in the US and EU, demand is […]

Cotton

NCBA Estimates Higher Indian Cotton Crop In Current Season

Textile Insights July 11, 2023

India’s cotton crop in the October 2022 to September 2023 cotton season will be 329.72 lakh bales (1 bale=170kgs), as against 312 lakh bales last season, the National Cotton Brokers Association (NCBA) has estimated. “The estimate is based on arrivals until June-end and was finalised at a meeting held over Zoom,” the Hindu Businessline reported. […]

Cotton

Aussie Cotton Spins Export Success In Indonesia

Textile Insights July 11, 2023

Indonesia is becoming a growing market for Australian cotton as Australia’s competitively priced, high-quality cotton is stealing market share from the US and Brazil. Indonesia accounted for 12 percent of total raw cotton bales exported in the 2022 season, up from 9 percent in 2019, because Aussie cotton is well regarded in Indonesia for its […]

Industry

170 Tamil Nadu Open-End Spinning Mills Stop Production

Textile Insights July 6, 2023

Around 170 open-end spinning mills in Tamil Nadu stopped production by going on an indefinite strike citing various reasons including hike in power tariffs and increase in waste yarn prices, which have led to hike in production costs. “Open-end spinning mills are dependent on waste cotton from spinning mills and fabric waste from knitwear companies. […]