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MANMADE FIBRE TEXTILES
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...
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...
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 ...
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...
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...
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...
Manmade fibre exporters flag concerns arising from West Asia conflictRising crude oil prices due to the West Asian conflict are significantly increasing the cost of manmade fibre raw materials. This is creati...
Manmade fibre, technical textiles exporters concerned on RoDTEP rate cutThe RoDTEP scheme neutralises embedded central, state, and local taxes and levies—including prior-stage cumulative indirect taxes on goods ...
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 ...
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...
Govt extends textile PLI application date till Oct 31The Indian government has extended the deadline for fresh applications under the performance-linked incentive (PLI) scheme for textiles unt...
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...
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...
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.