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MANMADE FIBRES
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...
- 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...
- Govt nod to 52 applications in textile PLIThe government has approved 52 new textile applications under the PLI Scheme. These companies will invest Rs 6,708 crore. This initiative a...
- 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...
- 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 ...
- 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...
- High GST rate may leave small synthetic fibre companies in tattersSince manmade fibres comprise of more than two-third of Indian textiles sector, industry bodies fear of mass closing down of small non-inte...
- 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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