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India’s loom QCO faces industry pushback ahead of deadline

India plans to enforce QCO on weaving and embroidery machines from August 28, 2025.
The SGCCI has urged the government to withdraw the QCO, citing heavy reliance on imported machinery and potential financial losses.
SGCCI argues that the regulation could hinder the textile sector’s growth and technological advancement, particularly as India targets a $350 billion market by 2030.Read More

27.05.2025Comments Off
Cotton yarn demand stays weak in south India; Tiruppur prices dip

South Indian cotton yarn markets remained sluggish, with Tiruppur seeing a ₹1–2/kg price drop due to poor demand.
Spinning mills, particularly smaller ones, are under pressure to cut prices.
In Mumbai, prices stayed stable despite weak demand caused by heavy rains, though improved worker attendance may boost consumption.
Cotton prices in Gujarat held steady amid reduced mill buying.Read More

27.05.2025Comments Off