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India - Government assures textile industry of funds under TUFS
YarnsandFibers (subscription), India - 7 hours ago
Amid rising global financial uncertainties, the government has assured the textile industry that despite delays, the benefits under Technology Upgradation ...

WNCT

Textile company blames lack of credit for shutdown
Forbes, NY - 2 hours ago
The US textile industry has been evaporating for years under pressure from low-cost Asian labor. "It's been slow now for three of four years," Johnson said. ...
Spectrum Yarns closes two plants The Business Journal of the ... Bizjournals.com
Spectrum Yarns blames plant closing on US's financial crisis TMCnet
all 45 news articles

INDIA: Textile Industry Report Calls for Capturing Billions in ...
BharatTextile.com (subscription), India - Oct 2, 2008
A report by management consulting firm, Third Eyesight, has called upon the Indian textile and apparel industry to urgently develop capabilities to capture ...

Rising input costs, interest rates hit textile industry
Economic Times, India - Sep 30, 2008
NEW DELHI: Despite the rupee depreciating by around 20% against the dollar from its all-time high during October-November last year, the textile industry ...
The Textile and Garment Industry in Bangladesh Increased by 18.2 ... MarketWatch
all 7 news articles

Plan strategies to tackle problems: Government to textile industry
Business Standard, India - Sep 30, 2008
Amid weakening rupee, the Union government has said that domestic textile industry has to come up with strategies to tackle its problems. ...

‘US crisis will adversely impact textile industry’ – Mr Vikram Rao
Fibre2fashion.com, India - Oct 1, 2008
According to latest industry estimates, textile and garment exports are expected to touch US $24.6 billion in 2008-09, up 20% from the previous year’s $20.5 ...

Indian mills should pay global rates for cotton, says ministry
Business Standard, India - 20 hours ago
Even as the textile industry has asked for administrative measures to control prices of raw cotton, including banning exports, and giving domestic buyers ...
‘Control cotton exports’ – Sunil Jain, President of NITMA Fibre2fashion.com
Cotton exports from India may go down in 2008-09 Business Standard
all 3 news articles

Garment, textile industry aims for $9.5b in exports
Viet Nam News, Vietnam - Oct 1, 2008
Ha Noi — The garment and textile industry expects to achieve $9.5 billion in export turnover for 2008 and be ranked ninth among the world’s major exporters. ...

ADB to provide USD 150 mn loan to revive khadi industry
Economic Times, India - 1 hour ago
Khadi sector, which account for only less than one per cent of the country's textile market, suffer from ageing equipment, inconsistent product quality and ...
ADB providing $150M loan to revive Khadi Industry Moneycontrol.com
all 6 news articles

UPDATE 1-China Fibretech sees resilient textile market
Reuters - 6 hours ago
Kek said the global slowdown had affected China's textile industry by slowing its pace of growth, but the firm could ride out the uncertainity because it ...
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