Home / Knowledge / News / Textiles / SIMA & PDEXCIL to study fabric market behaviour
SIMA & PDEXCIL to study fabric market behaviour
Dec '15
The Southern India Mills' Association (SIMA) and Powerloom Development & Export Promotion Council (PDEXCIL) have decided to join hands to study the fabric market on a continuous basis and give feedback to the spinning and powerloom sectors and also to the Government SIMA said in a press release.

Both the organizations jointly convened an interaction meet in Coimbatore on December 4 today to discuss the weaving yarn market and fabric market conditions and also devise a methodology to study the market behaviour, particularly in the domestic market.

SIMA and PDEXCIL members expressed their concerns about the unhealthy competition created both in the domestic and export markets. They hoped that the recently announced MEIS and IES export benefits for fabric and other finished goods could improve the market condition in the coming months.

They also felt that all the textile manufacturers in Tamil Nadu should focus making future investments only in wet processing and further value addition to sustain the viability of 47 per cent of the spinning capacity and 22 per cent of the powerloom capacity in the country. They decided to appeal to both the Central and State governments to give necessary assistance to create required processing capacity within Tamil Nadu, the release said.

The SIMA-PDEXCIL meeting came in the backdrop of the predominantly cotton based spinning and powerloom sectors in the country facing severe recession during the last 18 months due to the glut in the global market and higher duties imposed on Indian textile products when compared to other textile manufacturing countries.

The meeting was also prompted by the mass closure of dyeing units in Erode and other parts of Tamil Nadu that has now forced weavers in Tamil Nadu to process the fabric in other parts of the country resulting in high transport cost and increased lead time thus making them uncompetitive. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 27th Oct 2016

Teijin Frontier develops Solotex RC lightweight fibre

Teijin Frontier Co. Ltd, fibre products converting company and part...

Tosha Hays addressing the conference. Courtesy: College of Family and Consumer Sciences, UGA

Textiles | On 27th Oct 2016

Industry experts discuss future of fabrics at UGA

Industry experts, researchers and military officials discussed the...

Courtesy: Global Denim Awards

Fashion | On 27th Oct 2016

Anbasja Blanken & Italian mill ITV Denim win GDA

Dutch designer Anbasja Blanken and Italian mill ITV Denim was the...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Veronique Lee

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Jurgen Gauger

‘Buying crowdsourced or creative designs are much more appealing to the...

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...

Suresh Patel
Sidwin Fabric

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search