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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    Sustainable Spinning And Commodities Pvt Ltd

    Sustainable Spinning and Commodities Pvt. Ltd was established in December 2012 is engaged in producing Organic and BCI cotton combed single ply yarns by the process of making ya

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    SVP Global Ventures Ltd

    SVP Global Ventures Ltd (SVP) is a public limited company, originally incorporated as a private limited company under the name of Shree Dhanop Finance and Consultancy on Februar

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    T T Ltd

    TT Ltd is a flagship company of the 65 years old T.T. Group which is founded by Dr. Rikhab Chand Jain. It covers the entire spectrum of Textile sector : Cotton, Yarn, Fabric, Ga

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    Thanga Prathap Spinning Mills Pvt Ltd

    Thanga Prataph Spinning Mills Pvt Ltd was incorporated in 1993 and started its commercial production in 1995 with 3,000 spindles which was expanded to 14,928 spindles in 2008. T

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    Thangavelu Spinning Mills Pvt Ltd

    Thangavelu Spinning Mills Ltd was incorporated in 1979 in Salem. Mr. T.Surendren, Mr. S.Shabhari and Smt S.Revathi are the current directors of the company. The company is engag

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    Thiagraja Mills Ltd

    Thiagarajar Mills, came into existence in the year 1936 making cotton yarn . The company holds the unique distinction of being among the first in India to install and operate C

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    Trishla Cotton General Mills Pvt Ltd

    Trishla Cotton & General Mill Pvt Ltd was incorporated in the year 1994. The company is managed by promoters viz, Mr. Kewal Verma, Mr. Ashish Verma, Mr. Vikas Verma, Mrs. Vanda