textile industry fact sheet

March 2007 saw the Sensex rise by 1.0% and the Nifty rise by 2.0% over February 2007. The only top gainer among large sized players in our universe of textile companies was Century Textiles up by 1.2%. Top losers among the large sized players included JCT and Futura Polyesters down by 15.5% and 15.3% respectively. Year till date January 2007, India's textile exports to the US decreased by 3.0% Y-o-Y to USD 470 mn whereas the market share increased to 5.9% .During the same period China's exports to the US grew by 54.8% to USD 2.8 bn.

Indo Rama Synthetics (India) Ltd has undertaken expansion of its total production capacity from 300,000 tonnes to 600,000 tonnes per annum in the form of two continuous polymerization (CP) plants - one for POY production and another for PSF production at the existing site at Butibori, Nagpur in Maharashtra.

in talks with Reliance Retail, Bharti and the Aditya Birla group for supply of garments and is also talking to an international lingerie brand for a joint venture. Gokaldas Exports is in talks with Reliance Retail, Bharti and the Aditya Birla group for supply of garments and is also talking to an international lingerie brand for a joint venture.

Spentex Industries Ltd is working on plans to double its manufacturing capacity to 10 lakh spindles over the next two years through the brownfield expansion route and acquisition of facilities in the country and abroad.

Siyaram Silk Mills Ltd plans to launch 150 exclusive brand outlets in the next year-and-a-half called F2F, where its major brands will be available under one roof and is also entering the furnishings segment for upholstery and curtains.

plans to set up an INR 250 crore weaving and textile-processing plant near Roorkee, in Uttar Pradesh with production expected to start in March, next year. in India and Europe through acquisition of domestic spinning capacities between 50000-100,000 spindles for up to INR 2 bn and INR 500 mn will be spent to acquire a European specialized marketing and textile design company.

Alps Industries plans to set up an INR 250 crore weaving and textile-processing plant near Roorkee, in Uttar Pradesh with production expected to start in March, next year