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COTTON AND MANMADE FIBRES
No overcapacity in steel, textiles; India's consumption remains low: DGTRIndia has rejected US claims of excess capacity in its textile and steel sectors. Officials state per capita consumption of these products ...- 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...
- Labour-intensive sectors see steep fall in exports in MarchThe fiscal year 2026 brought a mixed bag for India's exports. On one hand, engineering goods, electronics, and pharmaceuticals excelled, dr...
- Textiles Ministry plans duty cuts to shield industry amid West Asia crisisIn a bid to navigate the turbulent waters of global shipping issues, India's textiles ministry is advocating for lower duties on rayon pulp...
- Textiles market size grows by 8.3% CAGR to Rs 14.95 lakh crore in 2024India's textiles market has seen significant growth. The market size expanded from Rs 4.89 lakh crore in 2010 to Rs 14.95 lakh crore in 202...
- Women consumers contribute 55.5% of textile buys, sarees, trousers key products: govt studyWomen lead textile purchases, accounting for 55.5% of spending. Man-made fibers are gaining popularity over cotton. The market has seen sig...
- US-Bangladesh tariff deal may have limited impact on IndiaA new US-Bangladesh trade deal offers zero tariffs on apparel exports. This provision requires Bangladesh to use American cotton or man-mad...
- 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 ...
- The good rains coming in would bring us a very good crop: Dinesh Nolkha, MD, Nitin SpinnersYarn prices will go up but garment manufacturers will get the credits for what we have paid so it will be neutral: Dinesh Nolkha, MD, Nitin...
- 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 ...
- Rise in cotton prices to squeeze profitability of ginners and spinners: Ind-RaThe increase in prices will impact small textile players the most, since cotton is the key raw material and it will also lower their invent...
- Synthetic fibre producers seek lower excise dutyA major anomaly in excise duty structure is affecting growth of the Indian textile industry and preventing it from achieving a larger share...
- Synthetic fibre producers seek lower excise dutyIndia is the world's second largest producer of MMFs with presence of large plants having state-of-the art technology.
- With volatile cotton prices, Marks & Spencer and ITC Wills Lifestyle are using cheaper garments to attract consumersWith volatile cotton prices, 100% cotton garments are being replaced by those blended with man-made fibres such as polyester.
- New fibre law may level tax for synthetic & cotton fibreThe textile ministry is working on a policy to bring parity between cotton and synthetic fibres, textile minister Dayanidhi Maran said.
- Govt lines up national fibre policy to iron out rough edgesEndowed with natural fibres like cotton, wool, silk and jute and a strong man-made fibre base, India could soon have a National Fibre Polic...
- Textile sops welcomed, but inadequate: SIMASouthern India Mills Association on Wednesday appealed to the Centre to abolish one per cent export incentive offered for cotton and reduce...
- Weaving Success! Small sops won’t do; textiles need moreThe recently announced sops - marginal increase in DEPB and drawback rates - can hardly reverse the declining trend in textile and garment ...
- Govt to set up expert panel to prepare fibre policyThe government will set up an expert committee to prepare a comprehensive fibre policy for cotton and manmade fibres with a view to boost t...
- Negative on manmade fibre, positive on cotton yarnThe government uses the budget exercise to progressively fine-tune and rationalise its indirect and direct tax policies to create long-term...
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