On an official three-day visit to Russia this week, Minister of State for Textiles and External Affairs, Pabitra Margherita, underlined India's intent to deepen engagement with the Russian textile industry across trade, technology, and manpower, among others.
The central government has extended the last date for receiving applications under the Production Linked Incentive (PLI) Scheme for Textiles, the Ministry of Textiles said in an official statement on Friday.
"Prime Minister Narendra Modi is arriving in Madhya Pradesh shortly, and for me, today is a significant day for multiple reasons. It coincides with the Vishwakarma Jayanti as well. Prime Minister Modi is committed to providing opportunities for progress to every individual, especially the po
The report stated that if the 50 per cent tariff remains, retailers may need to renegotiate prices with suppliers, and Indian manufacturers will likely have to absorb a significant portion of the cost increase.
Indian textile losses due to the US tariffs are expected to be partly offset by export growth to the United Kingdom, supported by the India-UK free trade agreement (FTA), according to a report by Care Edge Ratings.
The loss incurred due to the imposition of reciprocal tariffs on Indian textile exports to the United States (US) may be offset by a surge in exports to the United Kingdom (UK), buoyed by the recently concluded India-UK Free Trade Agreement (FTA), said CareEdge Ratings in a report.
Indian textile exporters says that exports loss because of U.S the imposition of 25 per cent tariffs by U.S. President Donald Trump will be compensated by gains in exports due to free trade agreements (FTAs) which India's has signed with other nations.
Mumbai (Maharashtra) [India], August 4: The recently signed India-UK Comprehensive Economic Trade Agreement (CETA) by the Hon'ble Prime Minister of India, Shri Narendra Modi, and the Prime Minister of the United Kingdom, Mr. Keir Starmer, marks a transformative milestone in strengthening eco
On the second day of the official visit to Japan, Union Minister of Textiles, Giriraj Singh, held a series of high-level meetings with major Japanese companies and inaugurated the 16th India Trend Fair 2025 in Tokyo on Tuesday. The fair is one of the largest platforms for Indian textile expo
India could see a significant boost in its apparel exports to the United States amid ongoing tariff tensions involving key Asian exporters, according to a recent report by the State Bank of India (SBI).
India's textile sector may gain a competitive edge in the global market due to rising labour costs in Vietnam and ongoing political instability in Bangladesh, two of its key export rivals, according to a report by Systematix Research.