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BANGLADESH TEXTILE INCENTIVES
Motilal Oswal initiates coverage on KPR Mill, 7 other textile stocks with up to 43% upside. Own any?Motilal Oswal has initiated coverage on eight textile companies, turning bullish on Gokaldas Exports, Indo Count, Arvind Fashions, Pearl Gl...
Trump’s tariff comeback? The White House finds a new route after court setbacksThe US is proposing to reintroduce country-specific tariffs on India and others, shifting from emergency powers to Section 301 of the Trade...
Exporters fear cancellation of US orders, seek aid after Trump slaps 25% tariff on IndiaIndian exporters are worried about potential order cancellations from US buyers. This is due to the 25% tariff imposed on Indian goods. Com...
Local textiles hemmed in: Trump cuts bangladesh tariff to 20%, leaving India at a disadvantageFollowing President Trump's decision to reduce tariffs for Bangladesh and Cambodia, Indian textile and apparel exporters are bracing for a ...
PLI for textile catalyses investments of Rs 7,343 croreThe Production Linked Incentive (PLI) Scheme for textiles has spurred significant investments and turnover, boosting exports and promoting ...
More weave-ho for our textile exportsIndian textile exporters have a golden opportunity. Tariff and political issues affect China and Bangladesh. India can gain through capacit...
Textiles companies watchful of incentives by other nations to cushion US tariffsUS President Trump's tariffs on India have given it an edge over other textile-exporting countries facing higher tariffs. However, Indian e...
Budget 2025: Textiles industry wants Budget to capitalise on shifting supply chain amid Bangladesh crisisWith global retailers scrambling to find alternative suppliers amidst the ongoing crisis in Bangladesh, industry stakeholders urge the Indi...
India said to promote its textiles as political crisis hits Bangladesh's exportsIndia plans to enhance its textile and garment industry with financial support, reduced tariffs on crucial inputs, and local production inc...
Tirupur’s textile industry sees resurgence as US & UK orders surge amid Bangladesh instabilityIndia's Tirupur textile industry is experiencing a resurgence due to increased orders from the US and UK, alongside political instability i...
India's textile roadmap: $350 billion industry and 4.5-6 crore jobs by 2030India plans to expand its textile industry to $350 billion by 2030, creating up to 6 crore jobs. The government aims to achieve $600 billio...
India set for export order increase on the back of Bangladesh turmoilIndia stood poised to seize 6-8% of Bangladesh’s monthly garment export orders short-term and 10% long-term. Socio-political uncertainties ...
Budget 2023: Textile industry angles for changes in import-export leviesThe textile industry is hoping for a removal of the 11% import duty on cotton and cotton waste to remain competitive against Bangladesh, am...
India needs to actively pursue FTAs to push apparel exports, suggests RBI articleThe article published in the RBI Bulletin said India's apparel exports to the EU, which is the largest market for apparel exports, have sta...
PLI scheme will take care of disability cos' face in global market: Textiles secretary Upendra Prasad"We have been left behind, and countries like Vietnam and Bangladesh have economies of scale which we don’t have. The whole idea of the sch...
To counter Bangladesh & Vietnam, Budget announces setting up Mega Investment Textiles ParksTo meet the aim of doubling the textile industry size to $300 bn by 2025-26, 7 mega textile parks have been planned for a ramp up of the se...
View: India’s self inflicted woundsBetween 2000 and 2010 China doubled its global export share in apparels from 18.2% to 36.4%, but India’s share inched up from 3% to 3.2%.
Textile body expresses concern over decline in CAGR in December last yearThe cumulative export has slightly improved by 2% CAGR as the exports stood at $26,136 million in April-Dec 2017 in comparison to $25,721 m...
Govt doles out higher incentives for garments, made-up exportsUnder the scheme, exporters are given duty exemption scrips which are fixed at a certain percentage of the total value of their exports.
India wants EU to do away with import duty on its textilesIndia has asked EU to waive import duty on its textiles, arguing that the quality of its cloth is better than that supplied by Pak and Bang...