Yarns Threads

Punjab Government reduces VAT rates for yarn

Punjab Government has issued a notification which reduces VAT rate on yarn. The state government announced reduction in VAT rates on all kinds of yarn, except polyester filament, from 6.5 per cent to 3.63 per cent. The rates will come to effect from April 1, 2016. The Punjab Spinners Association (PSA) has expressed relief at the notification. It said that the reduction in the rate of VAT would help ailing spinning mills to recover.
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Synthetic yarn industry faces rough waters

With China's economy is charting untested waters, it had already begun reducing its yarn import from India. Indian yarn production has gone down 40% in the year 2015. Globally, yarn demand has fallen around 60% according to industry sources. However, as a silver lining, the industry would have bottomed out as its competitiveness against cotton yarns is rising with increase in price of cotton. Prices of major raw materials like purified terephthalic acid (PTA) and mono-ethylene glycol (MEG) have also touched multi-year lows on account of lower crude prices. Overall, synthetic yarn industry is to face rough waters in the year 2016
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Indian mills modernization brings edge in world trade

Indian Spinning Industry is the most modern and efficient in the world. With 47 Million Spindles and 0.75 Mn Open-End Rotors, India has the world?s second largest spinning capacity, commanding a share of the global Cotton Yarn market . It is currently producing over 4700 million kgs of spun yarn of which over 3,400 Mn.Kgs is cotton yarn. Cotton Yarn accounts for nearly 73% of total spun yarn production. India produces a comprehensive range of yarns for every conceivable end use ? non-spun or open-end; combed or carded, basic, compact, mélange or fancy. India?s 1943 spinning mills produce them all for requirements ranging from a fine 200 count to a coarse 2 count. With more companies modernizing their mills with state-of-the-art technology, Indian cotton yarn markets is set to boost its
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    Jaya Shree Textiles

    Jaya Shree Textiles, Aditya Birla Nuvo's textile division, is India?s top linen brand manufacturing company. It is a integrated linen factory with state-of-the-art facilities eq

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    Jindal Cotex Ltd

    Jindal Cotex Ltd based in Ludhiana, Punjab, incorporated in 1998 has been promoted by Mr. Sandeep Jindal, Yash Paul Jindal, Rajinder Jindal and Ramesh Jindal. JCL is an ISO 900

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    Jiwarajka Textile Industries

    Jiwarajka Textile Industries (JTI) is one of the Polyester Manufacturing unit in Western India. The company has a processing capacity of 20,000 Metric Tonnes per annum of proces

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    Jolly Spinning Mills Pvt Ltd

    Jolly Spinning Mills Pvt Ltd was incorporated on November 26, 2013. It is located in Chotila, Gujarat. The firm is mainly into manufacturing of cotton yarn. The company is promo

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    Jyoti Threads India Ltd

    Jyoti Threads (India) Ltd. was promoted by Madan Lal, Ashok Kumar and Manish Singla. The company is located at Samana, Patiala in Punjab. The company commenced its operations in

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    Kallam Spinning Mills Ltd

    Kallam Spinning Mills Limited was established in 1994 with an initial capacity of 12,000 spindles. Over its two decades of chequered growth it has expanded to 55,000 spindles --

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    Kandagiri Spinning Mills Ltd

    KSML was originally incorporated in 1976 in Salem, Tamil Nadu under the name of ?The Ammapet Sizing Mills Private Limited?. The company took its current name in 1978 and became