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MMF APPAREL INDIA
From raincoats to briefs to diapers: Textile PLI shows green shoots as imports drop, niche exports tripleIndia's textile sector is showing promising growth. The Production-Linked Incentive scheme is boosting local manufacturing. Imports of spec...- 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...
- 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...
- Govt nod to 52 applications in textile PLIThe government has approved 52 new textile applications under the PLI Scheme. These companies will invest Rs 6,708 crore. This initiative a...
- Textile PLI scheme deadline extended to March 31India has extended the deadline for its Production Linked Incentive scheme for textiles to March 31, 2026. This move follows a strong respo...
- India approves 17 new applicants under PLI Scheme for textilesThe Textile Ministry has approved 17 new applicants under the Production Linked Incentive (PLI) Scheme for textiles, committing Rs 2,374 cr...
- Trading traditions: Why cotton-rich Tiruppur is making a shift to syntheticsAlthough Tiruppur is synonymous with cotton, accounting for over 90% of India’s cotton knitwear exports, it is now gradually entering the l...
- Economic Survey 2025: India has a great opportunity to align with the evolving global shifts in textilesThe Economic Survey 2024-25 highlighted textile exports’ rising costs, explaining how India can level up with competing nations.
- Budget 2025: Textiles allocation for FY26 may rise 15% to Rs 5,080 croreThe textiles ministry in New Delhi is expected to receive a 15% increase in allocation for FY26, reaching around ₹5,080 crore, with a signi...
- $50-billion in apparel exports: Why India needs to diversify to markets like JapanJapan is the world's fourth largest garment importer, thus making it an obvious choice for India to look at other than the EU and the US.
- GST Council defers rate hike on textiles. "Big relief" says industryAnimesh Saxena, President, Federation of Indian Micro & Small and Medium Enterprises (FISME), said the decision is a "big relief" to both M...
- Uniform GST on MMF, yarn, fabric from January 1: Government“The government has notified uniform goods and services tax rate at 12% on MMF, MMF yarn, MMF fabrics and apparel that has addressed the in...
- Finance Ministry notifies 12% GST rate on MMF, yarn, fabrics from January 1; corrects duty anomalyExperts said though there is a provision in GST law to claim the unutilised Input Tax Credit (ITC) as a refund, there were other complicati...
- Cabinet to approve textile PLI scheme on WednesdayAirbags, sutures, sanitary napkins and bandages could be among the products in technical textiles to get a manufacturing boost under the PL...
- Extension of RoSCTL, other initiatives to help boost apparel exports: Textile SecyTextiles Secretary Upendra Prasad Singh said the apparel sector is important for the economy as it provides livelihood to a large segment o...
- PLI for man-made fibre, setting up of 7 textile parks to boost production, exports: AEPCThe council in a statement said that buying houses believe that Indian man-made fibre (MMF) garment exporters can aspire to grab USD 20 bil...
- $20 billion opportunity for Indian MMF garments: Buying housesBuying houses like Impulse shared that there was an opportunity for MMF garments and that they have already identified major buyers and mar...
- Secretaries group suggests reduced manmade fibre imports, changes in duty to boost local production: Smrit IraniCiting the decision of the GST Council to allow input tax credit at MMF fabric stage, she said the committee had recommended the ministry t...
- Man-made fibre imports hurting domestic textile industry: CITI chairman Sanjay JainCITI chairman Sanjay Jain said that there is an increase in imports of all the MMF products post GST.
- Exhibition to showcase Indian textiles to be held in DubaiNineteen Indian manufacturing or exporting companies - representing product categories from yarn to fabrics, and made-ups, are participatin...
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