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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    Diamond Textile Mills Pvt Ltd

    Diamond Textile Mills Pvt. Ltd. was established in 1978 by Mr. Narendrabhai Patel, located at Ahmedabad, Gujarat. The factories are located at Narol and Changodar District of Gu

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    Divya Prabha Spinning Mills Pvt Ltd

    Divya Prabha Spinning Mills was established on 23rd December 2013 promoted by Mr.S.Krishnamurthy at Pollachi, Tamilnadu. It is engaged in manufacturing of Combed Warp Knitting Y

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    DNH Spinners Pvt Ltd

    DNH Spinners Pvt Ltd was established as a partnership concern in 2002 and subsequently got converted into a private limited company in 2010. The company is having its registered

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    Dodhia Synthetics Ltd

    Dodhia Synthetics Ltd was established in 1989, where the Dodhia family hold 87.5% stake in DSL. It is a part of the Dodhia Group, which includes other entities such as Vasupujy

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    Esslo Fabrics Textiles Pvt Ltd

    Esslo Fabrics & Textile Pvt Ltd was incorporated in the year 1997. The company is engaged into the business of manufacturing of Fancy Yarn. The manufacturing unit of the compan

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    Everlon Synthetics Ltd

    Everlon Synthetics Limited are manufacturing Polyester Texturized yarn which is used for manufacture of Synthetic Fabrics like suitings, shirtings, sarees, dress materials , kni