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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    Banarsi Dass Cotton Mills Pvt Ltd

    Banarsi Dass Cotton Mills Pvt Ltd was incorporated on 9th July 1991 for cotton ginning & pressing activity in the Hisar region of Haryana state. During the year, the company has

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    Banswara Syntex Ltd

    Banswara Syntex Limited (BSL) is a vertically integrated textile mill manufacturing man-made synthetic blended Yarn, wool and wool mixed yarn, all type of Fabrics, Jacquard Furn

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    Beekaylon Synthetics Pvt Ltd

    Beekaylon Synthetics Pvt Ltd.(BSPL) is one of the few pioneers and leading manufacturers of polyester yarn in India. In the Synthetic Yarn Processing Industry, they have experie

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    Benlon India Ltd

    Benlon India Ltd (BIL) was incorporated on 15th November 1994 in New Delhi. BIL is engaged in the manufacturing of Nylon/Polyester Conventional Dyed Yarn and Nylon, Polyester &

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    Bharni Cotton Mills

    Bharni Cotton Mills was initially established as Soundar Spinners as a proprietorship by Mr. Velusamy, subsequently the concern was converted into a partnership firm and name wa

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    Birla Textile Mills

    Birla Textile Mills, a unit of Chambal Fertilizers and Chemicals Limited, is well equipped with most modern state of art textile machineries and sophisticated quality control eq

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    BRT Spinners Pvt Ltd

    BRT Spinners Pvt Ltd is based in Tirupur, CYSPL was established in February 2005 by Mr C. Subramaniam, his wife Mrs S. Komathi and his mother Ms. C.Valliammal. The commercial op