Countries such as China, Bangladesh, Vietnam, Germany, Italy, Turkey, Spain and India dominate the export market, with China accounting for a lion's share of 33 per cent of the total exports backed by high labour productivity along with economies of scale.
Beijing [China], July 15 (ANI): Domestic slump, combined with the decline in exports, as well as the US ban has put China's once booming textile industry in trouble.
New Delhi [India] April 18 (ANI/PNN): The Home Textile Exporters Welfare Association (HEWA) claimed in a statement that India's annual textile export in the fiscal year 2023 is anticipated to reach USD 60 billion, with the government fully exempting imports of cotton from customs duties till
New Delhi [India], April 14 (ANI): The Central government has waived off all customs duties on cotton imports till September 30, 2022, to boost the textile exports.
New Delhi [India], April 13 (ANI): Union Commerce and Industry Minister Piyush Goyal has said that new economic cooperation and trade agreements with Australia and UAE would open infinite opportunities for sectors such as textiles, handloom, footwear.
Mumbai (Maharashtra) [India], September 10 (ANI/NewsVoir): The Union Cabinet headed by Prime Minister Narendra Modi recently approved the Production Linked Incentive (PLI) scheme for notified products of man-made fibre apparel and 10 segments of technical textiles with a financial outlay
New Delhi [India], September 3 (ANI): During an interaction with leaders of the textile industry, Union Minister for Commerce and Industry Piyush Goyal said on Friday that the nation must aim to increase textile exports three times from the present value of 33 billion dollars to 100 billi
Islamabad [Pakistan], April 2 (ANI): Pakistan's textile sector is "disappointed" by the government's decision to not allow the import of Indian cotton and has said that buying cotton from the neighbouring country is the need of the hour to avert big loss to textile exports.
Mumbai [India], June 1 (ANI-BusinessWireIndia): The Finance Minister Piyush Goyal and the Textile Minister Smriti Zubin Irani held a meeting with Texprocil and other Textile Export Promotion Councils and Associations on 27.05.2018 to discuss issues relating to matters of taxation and promoti
New Delhi [India], Dec 29 (ANI): Domestic spinners are likely to witness a gradual recovery in performance from Q4 FY 2018 onwards owing to hopes of healthy cotton crop and demand restoration.