PLI for textile catalyses investments of Rs 7,343 croreThe Production Linked Incentive (PLI) Scheme for textiles has spurred significant investments and turnover, boosting exports and promoting ...
11 Jul, 2025, 10.23 PM IST
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...
28 Nov, 2023, 01.35 PM IST
NITI Aayog examines tax hurdles in textile sectorIndia’s think-tank NITI Aayog is addressing tax issues facing the country’s textile industry. The think-tank recently met textile industry ...
01 Aug, 2023, 12.47 AM IST
Synthetic & rayon industry delegation to visit US to push technical textile exports“We will be very soon be taking a delegation from India to the US and meeting top American Companies to increase exports of Manmade fibre t...
29 Jun, 2023, 09.13 PM IST
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 ...
16 Dec, 2022, 12.55 AM IST
Govt to launch Focused Product Investment Scheme for funding in manmade fibre segment: Textile SecretaryThe government is set to launch the Focused Product Investment Scheme to attract funding in the manmade fibre segment, in an effort to boos...
06 Aug, 2020, 06.42 PM IST
Textile champs in the works: Government plans to handhold top companies to meet demandA senior government official told ET that a policy is being finalised to address the lacunae under existing textile-related schemes and com...
23 Feb, 2020, 11.39 PM IST
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...
12 Dec, 2019, 04.48 PM IST
High GST rate may leave small synthetic fibre companies in tattersSince manmade fibres comprise of more than two-third of Indian textiles sector, industry bodies fear of mass closing down of small non-inte...
17 Jun, 2017, 12.51 AM IST
Textile units fret over 18% GST, fear job cutsThe industry is also uneasy about the effect on jobs like weaving, knitting, cutting and packaging, which it fears could hurt the small uni...
09 Jun, 2017, 03.47 PM IST
GST rate at 12% will negatively impact textile sector: ICRAICRA points out that the most of the cotton based textile players in the value chain operate through the optional route, thereby resulting ...
11 Aug, 2016, 04.47 PM IST
Slowing China gives Indian fabric industry a big chance: Kailash R Lalpuria, ED, Indo Count IndustriesThe company feels that there is huge investment in the apparel segment from China and Japan into the Southeast Asia part.
04 May, 2016, 04.53 PM IST
'Indian textile sector has potential to cross $500 bn by 2025'The country's textile industry, which is currently estimated at $108 bn, has potential to cross $500-bn mark by 2025 if the sector gets ade...
24 Nov, 2014, 09.44 PM IST
- Taiwanese fabric makers come wooing India
Taiwanese manufacturers have come to woo the Indian textile industry with special items like yoga fabrics, don’t-need-to-wash denim and fun...
09 Nov, 2009, 06.27 PM IST
- Textile sops welcomed, but inadequate: SIMA
Southern India Mills Association on Wednesday appealed to the Centre to abolish one per cent export incentive offered for cotton and reduce...
05 Dec, 2007, 03.31 PM IST
- Weaving Success! Small sops won’t do; textiles need more
The recently announced sops - marginal increase in DEPB and drawback rates - can hardly reverse the declining trend in textile and garment ...
12 Nov, 2007, 05.55 AM IST
- Govt unveils package to prop textile sector
The schemes and projects envisaged by the ministry of textiles at the recently-concluded Tex Summit-2007 are likely to boost the production...
11 Oct, 2007, 12.18 AM IST