Search For "textile industry"
Textile sector needs incentive cushion as 50% US tariffs too steep to abso
Updated : 5 months, 1 week ago IST
The textile industry in India urgently requires an incentive cushion as the recently imposed 50 per cent tariffs by the United States are too steep for exporters to absorb, according to a recent report by Emkay Research.
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"Ensures affordable raw materials for textile industry, major relief to ex
Updated : 5 months, 1 week ago IST
Tamil Nadu BJP chief also stated that the INDIA bloc leaders are spreading panic among cotton farmers and deliberately "underestimating India's efforts to shield the sector from global disruptions".
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Extension of cotton import duty exemption provides lifeline for India's te
Updated : 6 months, 2 weeks ago IST
The Confederation of Indian Textile Industry (CITI) praised the Indian government's decision to extend the exemption of import duty on cotton until December 31, 2025. "CITI would like to extend its deep gratitude to the Hon'ble Prime Minister, all other concerned authorities and different Mi
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Govt extends import duty exemption on cotton till Dec 2025
Updated : 6 months, 2 weeks ago IST
To give relief to the textile sector from the US tariffs, the Central Government on Thursday announced to extend the exemption of import duty on cotton till December 31, 2025. The move is aimed at ensuring adequate availability of cotton for the domestic textile industry, according to a M
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CITI urges government for immediate support as US tariff deadline looms
Updated : 6 months, 2 weeks ago IST
With the United States set to impose a steep 50 per cent tariff on Indian textile and apparel exports starting August 27, the Confederation of Indian Textile Industry (CITI) has called for urgent government intervention to mitigate the impact on the sector.
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PLI Scheme to Boost Investments in the Textiles Sector - Chairman, MATEXIL
Updated : 6 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], August 21: The Ministry of Textiles has reopened the portal for filing of fresh applications under the Production Linked Incentive (PLI) Scheme for Textiles, covering Man-Made Fibre (MMF) Apparels, Fabrics and Technical Textiles. The Portal for application w
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Policy support on cotton imports a boost for textile sector: Confederation
Updated : 6 months, 3 weeks ago IST
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
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Import duty reduction on cotton will boost India's textile industry and in
Updated : 6 months, 3 weeks ago IST
The central govt step of reducing import duty on cotton will boost the textile industry of the country and will increase exports, stated Praveen Khandelwal, BJP MP and Secretary General of Confederation of All India Traders (CAIT).
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The Ethnic World Revolutionizes Wholesale Textile Shopping with Launch of
Updated : 7 months, 1 week ago IST
New Delhi [India], July 28: In a transformative move set to reshape the wholesale textile industry, The Ethnic World.com, a Surat-based ethnic wear platform, has officially launched its B2B online store, offering bulk buyers across the globe a seamless digital experience to purchase Indian e
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Textile sector turning out to be country's strength: PM Modi highlights su
Updated : 7 months, 1 week ago IST
Narrating the success stories associated with textile across the states of the country, the PM threw light on the modern technology adopted by families.
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Filatex Fashions Approves ESOP Grant to Strengthen Leadership at Texfil
Updated : 7 months, 1 week ago IST
New Delhi [India], July 24: BSE-listed company Filatex Fashions Ltd. (Code: 526227) has approved the grant of 2,50,000 stock options to an eligible employee of Texfil Private Limited, its wholly owned subsidiary, under the Filatex Employee Stock Option Scheme 2015 (ESOS-2015). The Nomination
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Union Minister Giriraj Singh meets textile industry leaders in Japan's Tok
Updated : 8 months ago IST
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
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