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India: ''Fall in rupee blessing in disguise for handicraft exporters'' 24/01/2012: Rupee depreciation is a "blessing in disguise" for Indian handicrafts exporters as their inputs are sourced domestically, whereas the engineering and jewellery sectors are dependent on costly imports, the EPCH said today. See Details
India: Centre mulls textiles sops with retrospective effect 19/01/2012: The government is planning to give incentives to the textiles sector with retrospective effect as it seeks to revive India''s second largest manufacturing sector burdened with sickness, debt and declining demand. See Details
India: Kidswear market boon for Indian economy, says designer Rocky S 14/01/2012: Kidswear market boon for Indian economy, says designer Rocky S. See Details
India: Cash losses to impair debt restructuring capacity of cotton textile makers - Fitch 12/01/2012: Rating agency firm Fitch Ratings says cash losses in the Indian cotton textile sector are impairing the debt servicing capacity of manufacturers, making debt restructuring imminent. The agency also notes that while the Indian government''s debt restructuring proposal for the textile sector will provide temporary relief from liquidity pressures, it will not stem deterioration in the capital structure of cotton textile companies, most of which are heavily-geared. See Details
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