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MAN MADE FIBRES
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...
- 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 ...
- 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...
- Government clears 96 firms under latest textile's PLI round with Rs 12,823 crore outlayThe government has approved 22 additional companies under the textile PLI scheme. This brings the total selected firms to 96. These compani...
- Grasim approves Rs 3,000 cr expansion of Harihar Lyocell PlantGrasim Industries will invest ₹3,094 crore to expand its Lyocell plant in Harihar, Karnataka. This expansion will significantly boost its a...
- Grasim to invest Rs 3,094 crore to expand Lyocell capacity in Karnataka“This investment...marks another significant step in Grasim’s strategic expansion of advanced fibre capabilities, catering to the growing g...
- NCLAT sets aside CCI's Rs 301.6-cr penalty on Grasim Industries, directs fresh hearingThe appellate tribunal NCLAT has overturned a Rs 301.6-crore penalty against Grasim Industries. The fair trade regulator CCI must now hear ...
- 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...
- Centre to expand product coverage under Rs 10,683 crore textile PLI, says Giriraj SinghThe government plans to broaden the Production Linked Incentive scheme for textiles. This expansion will include man-made fibre apparel, fa...
- India, Saudi Arabia identify ready-made garment, technical textiles, man-made fibres as key areas for collaborationIndia and Saudi Arabia are set to boost textile trade and production through collaboration. Key areas for partnership include ready-made ga...
- 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...
- Diversify to Man Made Fibre-based products to boost exports: AEPC to industry playersAEPC also said that it has collaborated with the Directorate General of Foreign Trade to organise a capacity building programme for promoti...
- Demand for dumping duty on viscose staple fibreOn December 19, DGTR recommended the duty due to large-scale dumping at below-cost prices by Chinese backed firms.
- Cabinet to approve textile PLI scheme on WednesdayAirbags, sutures, sanitary napkins and bandages could be among the products in technical textiles to get a manufacturing boost under the PL...
- Cabinet may approve PLI scheme for MMF, technical textiles on WednesdayThe prime objective of the scheme is to make manufacturing in India globally-competitive by removing sectoral disabilities, creating econom...
- Man-made fibre imports hurting domestic textile industry: CITI chairman Sanjay JainCITI chairman Sanjay Jain said that there is an increase in imports of all the MMF products post GST.
- 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...
- Apparel Export Promotion Council seeks upward revision of duty drawbackChaudhuri, along with committee members, G K Pillai, Shobha L Chary and Gautam Ray, held discussions with the captains of the knitwear indu...
- Moderate tax on man-made fibresIt is of course good if the government reduces the excise duty on man-made fibres (MMF) in the coming Budget as reported, but it would be b...
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