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ICC NATIONAL TEXTILE
India’s big cotton bet: Can Rs 5,659 cr revive the sector's global leadership?India’s Rs 5,659-crore Mission for Cotton Productivity aims to tackle falling yields, poor seed quality, and rising import dependence throu...
India’s textile output shrinks in March as Iran war fuels input costs, hitsIndia's textile production saw a significant drop in March. Key sectors like readymade garments and cotton goods faced challenges. Rising c...
‘Very Shocking’: RoDTEP cut by half triggers exporters' appeal for immediate reviewExporters are reeling from the government's decision to slash RoDTEP rates by half, a move that significantly increases export costs by red...
Sustainability must be commercially viable to scale: ICC's Naresh TyagiIndian textile firms are innovating with low-impact and regenerative materials and embedding eco-conscious inputs into sourcing, but sustai...
- India-US trade deal: Textile, jewellery, engg companies expect order book to swell
Indian exporters expect a 20% rise in overseas shipments over the next five to six years. This growth is driven by a US tariff cut on India...
Budget 2026: Textile boost through five-pronged integrated programmeIndia's textile industry is set for a robust transformation with new government initiatives. The National Fibre Mission and Textile Eco Ini...
School assembly news headlines January 29: Top national, international, sports, business update and thought of the dayNational news features Ajit Pawar's funeral and PM Modi's NCC rally attendance. Internationally, an EU trade deal impacts India's textile s...
Exports hit a slump: Only 5 of India’s top 20 export markets register growth in October amid weak global demandGeopolitical pressures and tariff shocks continue to squeeze labour-intensive sectors even as petroleum-led gains support a handful of mark...
Port curbs on Bangladesh imports may create Rs 1,000 crore biz for textilesIndia bans garment imports from Bangladesh via land routes. This decision aims to boost local textile manufacturing. The move could generat...
Textile stocks rally up to 10% as Bangladesh port curbs likely to generate Rs 1k cr biz for domestic firmsIndian textile stocks surged following the ban on Bangladesh imports via land ports. This ban is expected to boost the domestic textile sec...
India's textile sector set to flourish amid US tariff changesThe Trump administration's imposition of a 26% reciprocal tariff on India is expected to benefit India's apparel and textile sectors, makin...
Stars & stripes on demand: Indian exporters eye boost as US plans another 10% tariff on Chinese importsIndian apparel exporters are ramping up capacities due to the US imposing a 10% duty on Chinese imports, resulting in increased demand. The...
Budget 2024: No changes in RoDTEP, drawback schemes or 45-day payment rule a miss for MSME exporters, says industryGiven how significant exports are to India’s aspirations of being a developed nation, more policy measures that can enable the country to i...
Bihar set to play important role in becoming growth engine of country: Bihar Minister Nitish MishraBihar's government showcased the state's potential in textiles, IT, manufacturing, and tourism at an event in Kolkata. The efforts to attra...
Man-made fibre industry is thriving in India, but why isn’t it ready to challenge China?Despite being a significant player in the textiles and apparel industry, India has been unable to make a sizable mark in a subsegment — man...
‘How will we survive’: Why a sector that contributes 2% to India’s GDP is in troubleThe textiles and apparel industry seem to be in the midst of an inventory recession. It is battling a 25-35% fall in domestic sales even as...
Payments stuck, exporters seek government’s supportPhysical documents, essential for banks to honour letters of credit, are currently unavailable, with the logistics industry virtually shutt...
Textile companies seek bailout to cover forex hedgingIf an exporter booked a contract at 72 and in the absence of dollars delivery in March when the rate is 76, he may have to book a loss at 7...
Bengal is gearing up for the reverse buyer seller meet on textiles, apparel & juteIn all, some 50 international buyers across more than 19 countries from the textile sector are coming to Kolkata to attend the meet. Big na...
- El Salvador keen on Indian Investment
The Central American republic of El Salvador is keen on trade and investments from India and strengthen bilateral relations between the two...