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TEXTILE INDUSTRY
Stitching the Value Chain: How PM MITRA parks are rewriting India's textile destinyIndia's textile sector, a vital economic pillar, is undergoing a transformative shift with the PM MITRA scheme. This initiative aims to ove...- India's manufacturing growth slows in Q1 as West Asia conflict weighs: FICCIIndia's manufacturing sector anticipates a slower growth phase in the April-June quarter of FY27, influenced by the West Asia conflict. Whi...
- India's manufacturing growth expected to moderate in April-June due to West Asia crisis: FICCIIndian manufacturing growth is set to slow in the first quarter of FY27, with a FICCI survey revealing muted business sentiment. This moder...
- Bank credit to industry grows at robust 17.5% in May: RBIIndian banks witnessed a significant surge in credit to industries, with a robust 17.5% annual growth in May. This expansion was driven by ...
- Centre extends duty relief on key petrochemical products till July 15The government has extended the import duty exemption on about 40 key petrochemical products by 15 days, now until July 15. This move aims ...
- The overcapacity narrative of the US: Why it does not apply to IndiaThe ‘overcapacity’ argument posits that certain countries produce far beyond their domestic absorption capacity, dumping the surplus on wor...
- World MSME Day: Global uncertainty offers Indian MSMEs an opportunity to move up the textile value chain, say expertsAs the second-largest employment generator in the country, the textile sector’s contribution to the economy is crucial, with MSMEs forming ...
- Cotton duty or competitiveness? The bigger challenge facing India’s $190 billion textile industryThe government’s temporary import duty relief may ease pressure on mills and exporters, but industry experts say deeper problems in product...
- India seeks to broaden textile manufacturing footprint beyond Tirupur and SuratIndia is working to expand its textile manufacturing base beyond traditional hubs such as Tirupur, Surat, Panipat and Ludhiana, by engaging...
- A major discovery in Denmark is changing what we thought we knew about VikingsA vast textile production site unearthed in Denmark is challenging the traditional image of Vikings as mere barbarians. Spanning over a mil...
- Capex boom, global sourcing tailwinds fuel textile stock rallyTextile exporter stocks witnessed a significant rally on Wednesday, boosted by positive initiation of coverage from Motilal Oswal Financial...
- India targets $100 billion textile exports by 2030, focus on sustainability, FTAsIndia is aiming to become a global textile powerhouse, targeting $100 billion in exports by 2030. The strategy emphasizes sustainability, i...
- Explained: Why textile stocks are delivering up to 14% returns for investors on Wednesday?Textile stocks rallied sharply on Wednesday after brokerages turned bullish on the sector, citing improving global demand, favourable trade...
- India's textile industry poised for long-term growth as global sourcing shift gathers pace: Siddhartha KhemkaIndia's textile sector is poised for significant growth, driven by a global shift in sourcing away from China and a cyclical recovery in de...
- Motilal Oswal initiates coverage on KPR Mill, 7 other textile stocks with up to 43% upside. Own any?Motilal Oswal has initiated coverage on eight textile companies, turning bullish on Gokaldas Exports, Indo Count, Arvind Fashions, Pearl Gl...
- Centre brings together states, industry for $100 billion textile exports goalIndia aims to double its textile and apparel exports to $100 billion by 2030, with a nationwide exercise and summit focusing on strategies ...
- Shreedhar Spinners IPO: Check GMP, subscription, price band and other detailsThe NSE SME issue will remain open for bidding till June 25. The company aims to raise Rs 30.68 crore through an entirely fresh issue of 57...
- 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...
- India-UK CETA to help textile exporters double UK market share to 12% in 3-5 yearsIndian textile exporters anticipate a significant boost in the UK market. The new India-UK trade deal, effective July 15, offers zero duty ...
- Iran truce may revive India's textile exports, industry saysIndia's textile exports are set for a significant boost following the end of the Iran war. Manufacturers anticipate lower raw material cost...
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