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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    Kaur Sain Spinners Ltd

    Kaur Sain Spinners Ltd is a closely held public limited company set up to manufacture acrylic, polyester and cotton yarn and commenced operations in 2002. The company has two ma

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    Kaveri Yarn And Fabrics Ltd

    Kaveri Yarns and Fabrics Ltd. was incorporated in 1989 at Virdhunagar, Tamilnadu. It is engaged in spinning and trading of grey fabric, garments and chillies. The installed capa

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    KKP Group of Companies

    Incorporated in Dec 1993 at Nammakal, Tamil Nadu, K.K.P. Spinning Mills Pvt Ltd is engaged in the business of manufacturing cotton Yarns and grey Fabric. The Company has two spi

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    Konark Synthetics Ltd

    Konark Synthetics, located at Silvassa, a Union Territory on the border of West Gujarat, is spinning speciality polyester yarns. Started in the year 1989, this state of the art

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    KPR Mills Ltd

    KPR Mill Limited is one of the largest vertically integrated Apparel manufacturing companies in India producing Yarn, Knitted Grey & Dyed Fabric and Readymade Garments. The Ya

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    Krishna Synthetics Ltd

    Krishna Synthetics Ltd manufactures all kind of polyester Texturized and Twisted yarn in semi dull , bright and dope dyed yarns on two for one twisters.

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    Lagnam Spintex Pvt Ltd

    Lagnam Spintex Pvt Ltd is based at Bhilwara (Rajasthan), is a family managed business, incorporated by Mr. D P Mangal and his son, Mr. Anand Mangal in June 2010. Commercial prod