Chandrima Chatterjee, Secretary General of CITI, said that the latest policy support on cotton imports is a boost for the textile sector. Speaking to ANI, she said, "It's a great move for the Indian industry, and if that also gives any positive signal to the negotiations, then I think it's a
The Indian textile industry has welcomed the India-UK Free Trade Agreement (FTA), calling it a major step towards expanding India's presence in the lucrative UK market.
Minister of Textiles, Giriraj Singh on Thursday encouraged investors to seize the growing opportunities in Indian textile sector, warning that staying out of India's market could lead to a fear of missing out, the ministry stated in a statement on Thursday.
Coimbatore (Tamil Nadu) [India], December 16: Cotton Day 2024 hosted in Coimbatore, India, gathered industry leaders and experts to explore the latest advancements shaping the textile sector. Organized by Cotton Council International (CCI), the event focused on sustainability, technology, an
India's textile industry is on the brink of expansion, with total textile exports projected to reach USD 65 billion by FY26, according to Invest India, which is the central government's investment promotion and facilitation agency.
The textile industry leaders on Thursday discussed the increasing importance of the EU market for India's textile and apparel exports during a workshop organised by the Confederation of Indian Textile Industry (CITI).
Ahmedabad (Gujarat) [India], November 7: Globe Textiles (India) Limited, a prominent name in the Indian textile industry, recently released its standalone financial performance for the first half of the financial year ending September 30, 2024. Despite facing industry-wide challenges, the co
Bangladesh's monthly apparel exports, valued between USD 3.5-3.8 billion, have a significant market share in the European Union, the United Kingdom, and the United States. In contrast, India's current monthly exports range from USD 1.3-1.5 billion. This crisis has opened a window of oppor
The agreement was formalized by Rakesh Mehra, Chairman of CITI, and James Kuo, Chairman of TTF, marking a pivotal moment in bilateral textile relations.
New Delhi [India], July 3: Anticipating a boost in the manufacturing sector, signing of the FTAs, the recent growth in the textile exports, bundled with the Indian government's focus on making India a 'global manufacturing hub' has set up encouraging prospects for the stakeholders of the Ind
Despite unfavourable economic conditions in major markets such as the European Union (EU), the US, and West Asian nations, Indian textile exports grew by 9.59 per cent compared to the previous year in May 2024, the Confederation of Indian Textile Industry (CITI) said in a report.
According to a press release, the culmination of the Textile Sustainability Awards 2024, orchestrated by The Confederation of Indian Textile Industry (CITI), is set to grace the Bharat Tex event at Bharat Mandpam in New Delhi on February 27.