Ukraine crisis, Europe slowdown :TN textile industry seeks export incentives in Union budget

The textile industry of Tamil Nadu has sought for export incentives and additional credit support in the budget for 2023-24 of the Union government to be presented in the parliament on February 1.

Chennai, Jan24 (BPNS) The textile industry of Tamil Nadu has sought for export incentives and additional credit support in the budget for 2023-24 of the Union government to be presented in the parliament on February 1. The Tiruppur textile industry which is the pioneer for exporting of textiles from Tamil Nadu and for that matter […]

Shriram Finance Limited -touches AUM Rs 30,000 Cr in TN

Shriram Finance Limited (Shriram Finance), India’s largest retail NBFC announced today that the AUM of the company in Tamil Nadu touched INR 30,000 Cr.

Chennai, Dec 22 (BPNS) Shriram Finance Limited (Shriram Finance), India’s largest retail NBFC announced today that the AUM of the company in Tamil Nadu touched INR 30,000 Cr. The growth has been on the back of an economic turnaround, rural markets revival, and pick-up in infrastructural activity. This has in turn driven up demand for […]

Tiruppur migrant workers uncertain as textile units shuts down

The migrant workers of the textile capital of Tamil Nadu, Tiruppur are facing uncertainty as several units are shut down following fluctuating yarn prices. The textile city which was once buzzing with activities have now in lockdown mode.

Chennai, Dec 16 (BPNS) The migrant workers of the textile capital of Tamil Nadu, Tiruppur are facing uncertainty as several units are shut down following fluctuating yarn prices. The textile city which was once buzzing with activities have now in lockdown mode. Sujit Mandal, a migrant worker from Midnapore in West Bengal who has been […]

Dwindling supply :Jasmine  price shoots up to Rs 3000 per kg in TN

The dwindling supply of flowers has increased the price of Jasmine in the local markets of Tamil Nadu, especially the Madurai market. Flower traders told BPNS that the rains and morning mist have taken their toll on the production of Jasmine and hence the supply is hit in Madurai, Coimbatore, Tiruchy, and Chennai markets.

Chennai, Dec 11 (BPNS) The dwindling supply of flowers has increased the price of Jasmine in the local markets of Tamil Nadu, especially the Madurai market. Flower traders told BPNS that the rains and morning mist have taken their toll on production of Jasmine and hence the supply is hit in Madurai, Coimbatore, Tiruchy, and […]

Beta group to invest 100 m USD in West African nation Guinea Bissau

Kearla based Beta group headed by business tycoon, Dr. J. Rajmohan Pillai which is the one of the largest food conglomorate of Asia will be investing 100 Million US dollars in West African nation, Guinea Bissau to open a new cashew processing unit.

Thiruvananthapuram, Dec 2 (BPNS) Kearla based Beta group headed by business tycoon, Dr. J. Rajmohan Pillai which is the one of the largest food conglomorate of Asia will be investing 100 Million US dollars in West African nation, Guinea Bissau to open a new cashew processing unit. A memorandum of understanding was signed in this […]

Co- optex to introduce 500 new designs for Deepavali

Chennai, Oct 15 (BPNS) The Tamil Nadu Handloom Cooperative Society (COOPTEX) has launched 500 new designs in collaboration with National Institute of Fashion Technology (NIFT) and the National Institute of Design (NID). Tamil Nadu Minister for Handlooms and Textiles, R. Gandhi in a statement on Saturday said that Co-Optex have 150 showrooms across the country […]