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MMF TRADE IN INDIA
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...- Gujarat: VGRC to open new doors of opportunities in Surat's textile sectorThe Vibrant Gujarat Regional Conference will accelerate industrial growth in South Gujarat. This event aims to attract investments, connect...
- West Asia war: Amid gloom and doom in Surat and Tiruppur’s textile clusters, one industry offers hopeAs the West Asia conflict drags down most sectors in India’s two major textile hubs, one segment in Surat is opening up new opportunities
- Trump's 50% tariffs: India can’t lose ground in US, its most critical market, says Messe Frankfurt’s Raj ManekThe US is India’s largest market for textile and apparel exports, with imports totalling $4.59 billion between January and May this year, u...
- Over 95% of textile growth in the last 15 years has come from the MMF segment: Filatex’s BhageriaThe CMD of the textile firm highlights the saturation being felt in the natural fibre segment in India over the past few years.
- Threading new ties: Surat and Tiruppur explore collaboration to boost India’s MMF tradeThe collaboration will entail Tiruppur exporters setting up a few units in Surat to gain first-hand experience in MMF garment production, w...
- 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.
- Manmade fibre textiles exports to rise 75% by 2030: Textile industry“Technical textiles is a sunrise sector and the future of this industry,” said a government official, adding that ambitious targets have be...
- 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...
- Government considering quality control order for silk: Piyush GoyalHe also announced setting up of a Textile Advisory Group (TAG) on manmade fibre to draw a roadmap for the sector and its value chain along ...
- ‘Completely unjustifiable’ GST rate hike on apparel, textiles and footwear show the Govt has no easy choicesThe Government wanted to correct a tax anomaly, but in the process the apparel, textiles and footwear sectors believe the move would lead t...
- Uniform 12% GST rate for MMF textiles to reduce compliance burden: Govt“This will help the MMF segment grow and emerge as a big job provider in the country,” the textiles ministry said in a statement, adding th...
- 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 nod to Rs 10,683 cr PLI scheme for textiles“We have been focusing on cotton textiles which are growing but MMF are used in a big way globally and growing very fast. Two-third of the ...
- India removes anti-dumping duty on viscose staple fibresIn most of the competing nations, MMF and its blended textile product exports account 60 to 80% while in India, the same is below 25% mainl...
- 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...
- Nirmala Sitharaman's PLI scheme will boost India's share in global textiles market: CITIHailing the government's move, CITI chairman T. Rajkumar in a press statement said “PLI scheme is extended for 10 key specific sectors, of ...
- 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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