Search For "textile sector"
Interactive session on 'Investment in PM MITRA Park' yields Rs 12,508 Cr i
Updated : 5 months, 2 weeks ago IST
Leading business tycoons, commercial houses and investors from the textile sector attended the session held on Wednesday.
Read More
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
Read More
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
Read More
Policy support on cotton imports a boost for textile sector: Confederation
Updated : 6 months, 4 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
Read More
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.
Read More
PLI Scheme - A Game Changer for India's Textile Sector
Updated : 8 months ago IST
Mumbai (Maharashtra) [India], July 14: The Production Linked Incentive (PLI) Scheme for Textiles, launched in 2021, has emerged as a transformative initiative for India's textile industry. Operational from 24th September 2021 to 31st March 2030, the scheme offers financial incentives for
Read More
India's textile sector needs fair deal from ASEAN countries: Exim Bank Rep
Updated : 8 months, 2 weeks ago IST
India's trade with its top ASEAN partners like Indonesia, Thailand, and Malaysia has grown a lot, even though India has taken a protectionist approach after signing the ASEAN-India Free Trade Agreement (AITIGA). But Indian exporters, especially in the textile sector, are still facing major c
Read More
India's textile sector competitiveness may gain edge as Vietnam fights ris
Updated : 9 months ago IST
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.
Read More
Reduced tariff under India-UK FTA will boost India's textile sector in gai
Updated : 10 months, 1 week ago IST
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.
Read More
Globe Textiles Posts Stellar Q3 Results with 53.7% Profit Surge and 46.2%
Updated : 1 year ago IST
Ahmedabad (Gujarat) [India], February 24: Globe Textiles, a leading player in the textile sector, has announced its financial results for the third quarter and nine months ending December 31, 2024. The company reported impressive growth in revenue and net profit, reflecting on its business s
Read More
"Textile sector is growing," PM Modi says
Updated : 1 year ago IST
Weaving into India's thriving economy, the textile industry has created vast opportunities at home and abroad.
Read More
Demand outlook remains strong for Indian textile sector: Report
Updated : 1 year ago IST
The demand outlook remains strong for the Indian textile sector because of the normalizing channel inventories at the global retailer level, likely tariff hike by US on China, rising labour costs in Vietnam, and ongoing political instability in Bangladesh.
Read More