India's economy shows resilience and strong domestic demand. Finance Minister Nirmala Sitharaman highlighted that external factors are caus...

Rising crude oil prices due to the West Asian conflict are significantly increasing the cost of manmade fibre raw materials. This is creati...

India's textile industry is set for a robust transformation with new government initiatives. The National Fibre Mission and Textile Eco Ini...

India plans to enhance its textile and garment industry with financial support, reduced tariffs on crucial inputs, and local production inc...

India, the world's sixth largest textile and apparel exporter, faces challenges in achieving its textile export goals. The government aims ...

To 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...

Provisions announced in the interim budget is expected to give major impetus to the textile and apparel consumption by increasing the purch...

Putting out a series of tweets, Irani said she was "thankful" of the Rs 6,226.50 crore provision in the Budget for textiles.

The sale of the unit may not have any impact on the company’s existing retail business and its brand — Home & You — Bombay Dyeing.

It will also boost garment demand amid weak consumer sentiment, low real wage growth and high inflation.

The Union Budget has proposed to do away with excise duty on cotton and manmade sector (spun yarn) at the yarn, fabric and garment stages.

Branded garments will become cheaper despite hike in its excise duty in this Budget as a result of the government raising the abatement fro...

The Budget also proposed customs duty exemption of shuttleless looms from 5% to zero, which would benefit spinning mill companies.

Industrialist across the textile sector have demanded the reduction in excise duty on branded garments to 1% from 10 per cent at present. I...

The ministry of textiles has asked the government to extend the interest subsidy scheme for garments exports for another year as has been d...

The powerloom sector in India is looking at alternate markets like Europe and the domestic retail story to minimise the impact of the econo...

The government uses the budget exercise to progressively fine-tune and rationalise its indirect and direct tax policies to create long-term...