Cotton

SIMA Chief Advises Mills To Rely Only On Govt Agencies Forecast

Textile Insights March 26, 2024

The Southern India Mills Association (SIMA) has urged its member mills to plan their cotton purchase according to reports issued by the Committee on Cotton Production and Consumption (COCPC). Dr SK Sundararaman, Chairman of SIMA has advised cotton textile mills to rely only on the estimates

Fibre

SIMA Hails Exempting BIS Compliance For VSF Imports Under AAS

Textile Insights March 20, 2024

The Southern India Mills’ Association (SIMA) welcomed the Indian government’s decision in exempting BIS compliance for VSF imports under the Advance Authorisation Scheme (AAS). In a press release, SIMA Chairman Dr SK Sundararaman appreciated Minister of Textiles Piyush Goyal for permitting the import of BIS QCO mandated VSF under AAS. In addition, Dr SK Sundararaman […]

Cotton

“Avoid Panic Cotton Buying” – SIMA Advises Spinning Mills

Textile Insights March 2, 2024

Following a steep increase in cotton prices, particularly the Shankar-6 variety in the last two weeks, the Southern India Mills’ Association (SIMA) advised spinning mills to avoid panic buying. According to Dr SK Sundararaman, Chairman, SIMA, cotton prices have increased by 10-12 percent within 15 days and created a panic situation across the textile value […]

Industry

SIMA Raises Awareness In Textile Sector On ‘Competition Law’

Textile Insights February 15, 2024

SIMA conducted an awareness programme titled ‘Competition in Textile Market’ to enable textile manufacturers to understand the scope of the Competition Law to sustain competitiveness and achieve sustained growth. V. Sriraj, Joint Director (Law), Southern Regional Office, CCI addressed the participants on the role played by CCI at the awareness seminar, which was attended

Industry

Huge Potential For India In Global Textile & Apparel Market

Textile Insights December 27, 2023

There is immense potential for India to tap into the global textile and apparel market. This was stated by KV Srinivasan, the newly elected President of the International Textile Manufacturers Federation (ITMF). While addressing a press conference, Srinivasan highlighted that global buyers are increasingly looking to diversify their sourcing away from China, thereby

Industry

SIMA Chairman Demands Evaluation Of New TN Energy Tariff

Textile Insights October 11, 2023

The apex body of spinners in South India, the Southern India Mills Association (SIMA) has urged the Tamil Nadu government to evaluate its policies related to energy supplied to the textile industry. “Tamil Nadu is most attractive destination for new investments mainly due to its energy policies relating to wind power, open access power, third […]

Industry

Indian Textile Sector Has To Adopt Holistic Approach

Textile Insights September 25, 2023

The Indian textile and garment sector has to adopt a holistic approach with a long-term vision to capitalise on opportunities available in the worldwide markets. This was informed by SK Sundararaman, Chairman of the Southern India Mills Association (SIMA) who also added that the industry in recent times has been facing several challenges. These challenges […]