| India : Apparel cos, retailers knit public issue plans (November 27, 10)|
Quite a few privately-owned textile retailers and garment makers plan to get listed over the next few months. But much will depend on market sentiment, which has taken a turn for the worse since Diwali. Benchmark indices have fallen over 9% in the past three weeks, and brokers say that companies may have to moderate their expectations, if this downtrend persists.
| India : Textile industry calls for crack-down on cotton exports (November 27, 10)|
The Indian government's decision to make 5.5m bales of cotton available for export from the beginning of this month have been criticised by The Confederation of Indian Textile Industry (CITI) for creating an artificial shortage of the fibre for domestic spinning mills.
| India : Textile body insists on monthly quota for cotton exports (November 27, 10)|
As stated by the South India Spinners Association (SISPA), possibly all the textile industry stakeholders may unite to urge the Union Government to allow exports of cotton on monthly quota basis, considering factors like production, availability and consumption. This would secure good returns for cotton cultivators and would also help to sustaining cotton prices at a steady level.
| India : Textile parks attract Rs.3,500 crore investment (November 27, 10)|
The government has okayed 40 textile parks in nine states that have together attracted Rs3,500 crore investment and generated thousands of jobs , Minister of State for Textiles Panabaka Lakshmi said on Thursday.
| India : Govt may consider sanctioning additional funds to upgrade textile sector (November 27, 10)|
The Indian government is likely to consider sanctioning extra funds for the up-gradation of the country’s textile industry, within next 15 days. This funding will be over and above the assistance of Rs 80 billions that the government has already sanctioned under the 11th Five Year Plan.
| India : Cotton yarn prices to calm down by Dec 15 – Maran (November 24, 10)|
While advising spinners in the country, to not take advantage of the current scenario, Dayanidhi Maran said, cotton yarn prices would stabilize by December 15.