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Kapas prices have remained firm in the range of Rs.5, 900 -6000 per quintal, over the past few weeks due to lower than expected arrivals of crop and higher estimates of consumption. So far about 208-210 lakh bales or about 61 percent of the total crop has arrived, according to trade sources.

The Donear Group has announced the acquisition of Grasim Bhiwani Textile Limited (GBTL), the poly-viscose suiting fabrics subsidiary of Grasim Industries. The acquisition gives Mumbai based Donear a strategic edge in global textiles business in terms of world-class production capabilities to market products and access to the marquee customers globally.

Colorjet India Ltd, the largest manufacturer of digital inkjet printers in India, is set to launch Aurajet dye sublimation textile printer at the upcoming textile technology trade show Gartex 2017 in New Delhi. At hall 14, stall 75, Colorjet will also showcase the recently launched TXF digital textile printer along with its best selling model, the Vastrajet.

Sintex Industries has chosen Truetzschler and ATE as partners for their one million spindle dream project. Truetzschler and ATE recently completed phase one of the Sintex Industries' yarn division's project at Rajulah, Amreli in Gujarat. The project once fully operational will produce cotton, melange and linen yarns, said BB Sharma, CEO, Sintex Group. 

The Government of India has constituted a Feedback and Action Room (FAR) with effect from June 26, 2017, to review the information, calls, media inputs etc received from ministries, state governments, field formations, social media, news channels, emails etc. FAR is also tasked with replying to the queries of the taxpayers and tax officials.

The overall export of cotton textiles from India declined in 2016-17 compared to the previous two fiscals, minister of state for textiles Ajay Tamta said in a written reply to the Rajya Sabha. He said the government has taken steps to revive exports of cotton textiles, which include cotton yarn, cotton fabric, cotton madeups and cotton raw waste.