Series of measures in 2025 for exporters to facilitate trade: DGFTThe Directorate General of Foreign Trade is stepping up its game with new initiatives tailored for exporters, aiming to simplify the trade ...
01 Jan, 2026, 10.21 AM IST
Synthetic knitted fabrics MIP norms not for EOUs, SEZs: GovtThe government has announced an exemption from the minimum import price (MIP) of $3.5 per kg on certain synthetic knitted fabrics for advan...
23 Apr, 2025, 09.34 PM IST
NITMA appeals to PM Modi to stop under-invoiced imports of synthetic knitted fabricsNITMA has requested Prime Minister Modi to halt under-invoiced imports of synthetic knitted fabrics, which hurt the local textile industry....
22 Jan, 2025, 08.57 PM IST
Govt permits export of 2 lakh tonne wheat to NepalThe government has approved the export of 2 lakh tonnes of wheat to Nepal via National Cooperative Exports Limited (NCEL), despite a genera...
04 Jan, 2025, 03.13 PM IST
MIP may be woven into textiles as imports riseThe Indian government is considering imposing minimum import prices (MIP) on certain textile products, including viscose rayon yarn and wov...
18 Nov, 2024, 05.30 AM IST
As Trump may get China Plus One back into picture, 5 textile stocks with an upside potential of 10 to 44%The China Plus One wave started in earnest post-Covid, as the world realized that entire supply chains being solely dependent on China was ...
09 Nov, 2024, 01.34 PM IST
Govt extends minimum import price on synthetic knitted fabrics till Dec 31“MIP on synthetic knitted fabrics is extended from September 15 to December 31,” the Directorate General of Foreign Trade (DGFT) said in a ...
01 Oct, 2024, 06.27 PM IST
DGFT, customs process overhaul, revamp textile PLI scheme, QCO suspension to aid exports: GTRITo enhance India's garment exports, GTRI recommends suspending QCOs, expanding the PLI scheme, and reforming DGFT and Customs. High import ...
21 Jul, 2024, 03.56 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
GHCL Ltd to invest Rs 500 cr in Tamil Nadu; signs MoU with govtGHCL CEO (Yarn Division) M Sivabalasubramanian exchanged documents with Guidance Tamil Nadu, Managing Director and CEO, Pooja Kulkarni in t...
27 Nov, 2021, 05.04 PM IST
CBIC notifies rate changes for apparel, footwear and textiles from Jan 1, 2022GST Council in its meeting in September had decided to correct inverted duty structure on footwear and textiles, which it said will come in...
19 Nov, 2021, 05.31 PM 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
Textile industry welcomes government's move to keep low GST rates for natural fibres below Rs 1000CITI chairman J Thulasidharan complimented the government for keeping the rates at low level so that textile sector, especially cotton base...
04 Jun, 2017, 06.41 PM IST
Tamil Nadu's yarn manufacturers make new investments to move up value chainA minimum of 25 mills have ventured this way, either by installing knitting machines or going further toward complete garments.
04 Nov, 2015, 10.34 AM IST
- Exporters tapping growing synthetic garment market
Tirupur, which exported garments worth Rs 18,500 crore last year, has a share of Rs 2,500 crore to Rs 3,000 crore in synthetic and blended ...
05 Oct, 2014, 07.12 PM IST
Tirupur keen to enter 'synthetic' fabric marketAfter setting up a strong base in exporting cotton-based knitwear garments, Tirupur is keen to enter the synthetic fabric market.
04 Jul, 2014, 12.07 PM IST
- PHDCCI asks govt to repeal excise duty, cess on textile
PHDCCI on Thursday asked the government to repeal additional excise duty, textile committee cess and hand yarn obligation to make the indus...
06 May, 2004, 04.40 PM IST