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South Indian Cotton Yarn Market Remains Steady Ahead Of Union Budget

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Tag: SIMA

Apparel and Textile News Apparel Brands and Companies

SIMA For Using Mangalore Port

Mills in Southern India hope to use the facilities provided by the Mangalore Port to import and store raw cotton for consumption by small and medium sized mills. The congestion in various ports has prompted the Southern India Mills’ Association (SIMA) to explore the possibilities of utilising Mangalore Port which has got excellent warehousing facilities. […]

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CITI Also For Disposing Of Procured Cotton

Textiles trade body, Confederation of Indian Textile Industry (CITI) has urged the union textiles minister, Santosh Kumar Gangwar to direct Cotton Corporation of India (CCI) to dispose of the procured cotton immediately to avoid an artificial shortage of cotton in the market and bring cotton prices to reasonable levels. CITI chairman, Prem Malik shot off […]

Apparel and Textile News Apparel Brands and Companies Ministry of Textiles News

SIMA Wants CCI To Offload Cotton

The Southern India Mills Association (SIMA) has appealed to the Textile minister Santosh Kumar Gangwar to direct Cotton Corporation of India (CCI) to immediately commence selling of cotton by e-auction directly to the actual users with liberal credit norms. SIMA chairman, T Rajkumar in a statement said that this was the need of the hour […]

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CCI Should Sell Cotton By E-Auction

Southern India Mills’ Association (SIMA) has said Textiles minister, Santosh Kumar Gangwar should direct Cotton Corporation of India (CCI) to immediately commence selling the commodity directly to the actual users by e-auction, with liberal credit norms. Due to fall in cotton prices and also to safeguard the interests of farmers, CCI procured 86 lakh bales […]

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Textiles Technical Training Begins Today

The Textiles Technical Training Institute (TTTI), set up jointly by the Southern India Mills’ Association (SIMA) and PSG institutions exclusively for training workers, is all set to commence from today. The textile industry has been facing acute shortage of labour and more so the technicians, both mechanical maintenance, electrical and electronics maintenance, SIMA chairman, T […]

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SIMA Seeks Incentives To Promote Textile Sector

A delegation of Southern India Mills Association (SIMA) has submitted a memorandum to union textile minister, Santosh Kumar Gangwar demanding several post-budget measures to promote the textile sector. Those included higher allotment for the Technology Upgradation Fund (TUF), removal of duties on man-made fibres, shuttleless looms, early announcement of a foreign trade policy and the […]

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Urge For Bailout Package By Southern India Spinning Mills

The spinning mills of southern India is currently facing inevitable liquidity crunch caused by increasing yarn stock, poor offtake and long pending TUF subsidies. Southern India Mills’ Association (SIMA) chairman, T Rajkumar in his interactive meeting with union textile commissioner, Kiran Soni Gupta urged her to expedite the bail-out package to save thousands of small […]

Apparel and Textile News

Procurement Of Cotton By CCI Nears 5 Bn Bale-Mark

The procurement of cotton by the state run Cotton Corporation of India (CCI) has neared five billion bales of 170 kg each, during the ongoing season October 2014 to September 2015, according to a report. The CCI is actively purchasing cotton in states where the market price has fallen below the minimum support price announced […]

Apparel and Textile News Apparel Brands and Companies

SIMA appeals for Exemption of Power Tariff Hike

The Southern India Mills’ Association (SIMA) has urged the Tamil Nadu government to exempt the textile industry from power tariff hike announced last week by Tamil Nadu Electricity Regulatory Commission (TNERC) as it would seriously affect the competitiveness of the textile mills in the state. In a statement, SIMA chairman, Mr. T Rajkumar said the […]

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