Textile importers based in the US are reaching out to Indian exporters, asking them to bear the costs that may emanate from the US tariffs going forward, two industry executives told ANI.
The pause in reciprocal tariffs by the US adminstration offers Indian businesses a short-term advantage--especially in sectors like textiles, leather, engineering, and electronics, where India competes directly with China, said Global Trade Research Initiative (GTRI) Founder, Ajay Srivastava
Mumbai (Maharashtra) [India], April 8: India ITME Society - A colossal pillar in establishing the Indian Textile and Textile Engineering industry into the international market and bringing in technological excellence from across the globe to the Indian and Asian markets is thrilled to announ
Bhopal (Madhya Pradesh) [India], April 8: Trident Group, one of the world's largest vertically integrated textile manufacturers focused on sustainability, organized a preventive health checkup camp for its employees to observe World Health Day on April 7. Demonstrating its unwavering commitm
Mumbai (Maharashtra) [India], April 7: Shri Shaleen Toshniwal took charge as the new Chairman of Manmade and Technical Textiles Export Promotion Council (MATEXIL) on 30th March 2025 in place of the outgoing Chairman, Bhadresh Dodhia.
Ho Chi Minh City [Vietnam], April 5: In today's unpredictable global trade landscape, international businesses are actively seeking stable, flexible, and cost-effective sourcing destinations. Amid shifting trade policies, increasing tariffs, and geopolitical tensions, Vietnam emerges as an i
Mumbai (Maharashtra) [India], April 3: "The world is moving away from Natural Fibre Textiles to Manmade Fibre (MMF) Textiles since MMF Textiles are cost-effective." Giriraj Singh, Union Minister of Textiles, said at the MATEXIL's Annual Export Award Function in Mumbai.
The imposition of higher reciprocal tariffs by US President Donald Trump on several Asian and European countries, including China, Vietnam, Taiwan, Thailand, and Bangladesh, presents a strategic opportunity for India to strengthen its position in the global trade and manufacturing says GTRI
Indian textiles, engineering goods, electronics, and gems & jewellery sector exporters are expected to hit hardest by the tariffs announced by Donald Trump, said Ajay Bagga, a banking and international stocks expert, in an exclusive conversation with ANI.
Mumbai (Maharashtra) [India], April 2: RSWM Limited, the flagship company of LNJ Bhilwara Group, has been recognized for its outstanding export performance by the Manmade and Technical Textiles Export Promotion Council (MATEXIL), at an industry leading event, the MATEXIL Export Awards 2023-2
The government is focusing on high tech and high growth product segment to achieve Textile 2030 vision, Pabitra Margherita the Minister of State (MoS) for Textile said in a written reply to a question in Lok Sabha.
The raw silk production in the country stayed at 34,042 metric tonnes (MT) till January 2025, registering an uptick, Pabitra Margherita the Minister of State (MoS) for Textile said in a written reply to a question in Rajya Sabha.