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CONFEDERATION OF INDIAN TEXTILE INDUSTRY
Textiles minister Giriraj Singh targets ₹33 lakh crore textile market by FY31India's textile market is set to double to ₹33 lakh crore by 2030-31. This growth will create nearly 2 crore new jobs. The government is al...- Targeting to increase India's textile market size to Rs 33 lakh crore by FY2031: Giriraj SinghIndia aims to significantly boost its textile market to Rs 33 lakh crore by 2030-31. The government is focused on enhancing the income of h...
- India Inc wary of fresh trade headwinds as US weighs additional 12.5% tariffThe United States is proposing a 12.5% tariff on Indian imports. This action stems from an investigation into forced labor import prohibiti...
- Worst is behind, demand recovery underway for Indian textile sector as tariff woes ease: ReportIndia's textile industry is seeing a comeback as uncertainty over US tariffs has ended. Global demand is getting better. This brings new ho...
- Vahh Chemicals shares list at 17% premium over IPO price on BSE SME platformVahh Chemicals Listing: Vahh Chemicals debuted on the BSE SME platform with a nearly 17% premium, listing at Rs 70 against its IPO price of...
- No overcapacity in steel, textiles; India's consumption remains low: DGTRIndia has rejected US claims of excess capacity in its textile and steel sectors. Officials state per capita consumption of these products ...
- Govt highlights tax reforms, investor confidence as Modi completes 12 years as PMPrime Minister Narendra Modi has completed twelve years as India's longest-serving elected leader. The government highlights significant ac...
- Industry lauds Modi on becoming longest serving Prime MinisterPrime Minister Narendra Modi has become India's longest-serving elected Prime Minister. Industry leaders congratulated him, noting his tran...
- Gujarat to introduce ‘Ultra Mega’ category in new industrial policyGujarat is introducing a new 'ultra mega' industry category. This requires at least Rs 10,000 crore investment and 3,000 jobs. The state is...
- India counters US Section 301 probe claims of surplus capacity in textiles, steelIndia is pushing back against US allegations of excess production capacity in textiles and steel. Government officials argue that domestic ...
- Government clears 96 firms under latest textile's PLI round with Rs 12,823 crore outlayThe government has approved 22 additional companies under the textile PLI scheme. This brings the total selected firms to 96. These compani...
- India's exports rising steadily due to policy push, reforms, official saysIndia's exports are seeing steady growth. Supportive government policies and improved infrastructure are key drivers. The nation aims for g...
- Grasim approves Rs 3,000 cr expansion of Harihar Lyocell PlantGrasim Industries will invest ₹3,094 crore to expand its Lyocell plant in Harihar, Karnataka. This expansion will significantly boost its a...
- Grasim to invest Rs 3,094 crore to expand Lyocell capacity in Karnataka“This investment...marks another significant step in Grasim’s strategic expansion of advanced fibre capabilities, catering to the growing g...
- Indian industry invests CAD 11 billion in Canada, generates over 33,000 jobs: reportIndian companies have invested close to CAD 11 billion in Canada. These investments span various sectors, creating over 33,000 jobs. Indian...
- Textile stocks to rally? Emkay sees sector at inflection point to regain lost glory, initiates 'Buy' call on 3 stocksIndia’s textile sector is nearing an inflection point and could regain lost global market share, according to Emkay Global. The brokerage i...
- ATMs in small hubs may run out of cash: Confederation of ATM IndustryATM operators are demanding ₹100 crore compensation from banks. State Bank of India is accused of sending most cash to big cities. This lea...
- Union minister Piyush Goyal launches skill, AI employment initiatives in MumbaiIn a significant push towards building a future-ready workforce for Viksit Bharat 2047, Uttar Mumbai MP and Union Commerce Minister Piyush ...
- Govt sets up 6 sector-specific groups to identify products to boost manufacturing, cut importsIndia is boosting domestic manufacturing. Six expert groups will identify 100 products to reduce import dependence. This initiative aims to...
- CITI welcomes temporary removal of 11% cotton import duty, calls it boost for textile exportsThe move aims to boost the competitiveness of India's MSME-dominated textile sector amidst global challenges and support the nation's targe...
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