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Cotton yarn mills are cutting down production due to lower demand from both domestic and export markets.

Cotton yarn mills cut output as orders dry up

Almost 60 per cent yarn mills, which are largely small and medium units, have cut their production.

17 July 2019 7:01 AM IST

Powerloom sector

Power Tex India, a unique powerloom scheme: SIMA

Scheme was launched at Bhiwandi and also in all powerloom centres across nation.

1 April 2017 6:16 PM IST

Experts say after China, Korea yarn established in Bhagalpur, around 200,000 loom owners have no business of their own now.

Reduce GST on MMF & yarn from 18 to 12 pc; Textile industry

Even with 12 per cent GST rate on yarns, the additional cost would be Rs 1.3 lakh per loom per year.

17 Jun 2017 5:59 PM IST