Home / Knowledge / News / Textiles / High cost forces Soma Textiles to close spinning unit
High cost forces Soma Textiles to close spinning unit
May '16
Loom shed inside Soma Textiles unit. Courtesy: Soma Textiles
Loom shed inside Soma Textiles unit. Courtesy: Soma Textiles
Ahmedabad based Soma Textiles & Industries has closed down its spinning unit because of high operative cost and other factors.

“In the present scenario of textile industry, it is not viable to continue spinning and winding unit/department at the company's textile unit at Ahmedabad because of its high operative cost and other adverse factors,” Soma Textiles said in a recent filing to the BSE.

“The management has therefore closed down the spinning unit with immediate effect,” the filing said.

One of the first units to manufacture indigo denim, Soma Textiles' main products include cotton and blended yarn as well as cotton and man-made fabrics. (RKS)

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 26th Sep 2016

Azerbaijan pins hope on revival of cotton sector

In the midst of economic problems, Azerbaijan president Ilham Aliyev...

Courtesy: Stenn International

Apparel/Garments | On 26th Sep 2016

Stenn debuts new $300mn fund for SE Asian suppliers

UK trade financer Stenn International has unveiled a $300 million...

Textiles | On 26th Sep 2016

Aleph unveils new LaForte wide format inkjet printers

Aleph, developer of a complete range of innovative digital printing...

Interviews View All

Dharmendra Shah
Ozone PB Spintex Limited

Amardeep Singh
Orient Craft

Hugo Boss

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

September 2016

September 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search