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Tag: Hank Yarn

India Reimposes Hank Yarn Obligation
Apparel and Textile News Apparel Accessories Apparel Association National News

India Reimposes Hank Yarn Obligation To Strengthen Handloom Sector And Protect Traditional Weavers

Hank Yarn has once again taken centre stage in India’s textile policy landscape as the Government of India reimposes the mandatory Hank Yarn Obligation (HYO) on textile spinning mills. In a significant move aimed at safeguarding the country’s traditional handloom industry and ensuring a steady supply of raw materials to millions of weavers, the decision […]

TC To Take Up Study On Hank Yarn Demand
Apparel and Textile News Trade Info News

TC To Take Up Study On Hank Yarn Demand

With the textile industry’s strong demand to reduce hank yarn obligation, the textile commissioner, Kavita Gupta plans to take up a study of the actual hank yarn requirement in the country. She said that they are also trying to create a data base for different segments of the textile industry. Regarding the Technology Upgradation Fund […]

Removal Of Hank Yarn Obligation Demanded
Apparel and Textile News Trade Info News

Removal Of Hank Yarn Obligation Demanded

Indian Texpreneurs Federation (ITF), a Coimbatore-based premier association for textiles, has urged the centre to remove the hank yarn obligation, which compels yarn manufacturers to produce 40 per cent of their total yarn as hank yarn for the benefit of the handloom sector. In a letter to Prime Minister Narendra Modi, ITF said there is […]

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