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TEXTILE AND APPAREL PARKS
India's exports rising steadily due to policy push, reforms, official saysIndia's exports are seeing steady growth. Supportive government policies and improved infrastructure are key drivers. The nation aims for g...
Textile stocks to rally? Emkay sees sector at inflection point to regain lost glory, initiates 'Buy' call on 3 stocksIndia’s textile sector is nearing an inflection point and could regain lost global market share, according to Emkay Global. The brokerage i...
Textile at 2030: $350 bln industry, Rs 90,000 cr investment, says govtIndia’s textiles sector is poised for growth to $350 billion by 2030, driven by Rs 90,000 crore in investment through PM MITRA Park and PLI...
Considering PLI scheme for garments sector: Textiles Minister Giriraj SinghIn 2021, the government approved the PLI scheme for textiles with an approved outlay of Rs 10,683 crore over a five year period to promote ...
Expeditious roll-out of PM MITRA to help attract large investments, FDI in textiles: ExpertsExpeditious implementation of PM MITRA parks will attract investments, create employment, and address challenges in the textile industry. T...
India's textile industry poised for a quantum leap as Prime Minister announces PM MITRA schemeInspired by the PM's 5F vision - Farm to Fibre to Factory to Fashion to Foreign - the PM MITRA scheme is a major step forward to achieve Aa...
Mega textile parks to be set up in seven states, says PM Narendra ModiHe added, "PM MITRA mega textile parks will boost the textiles sector in line with 5F (Farm to Fibre to Factory to Fashion to Foreign) visi...
Uniform GST on MMF, yarn, fabric from January 1: Government“The government has notified uniform goods and services tax rate at 12% on MMF, MMF yarn, MMF fabrics and apparel that has addressed the in...
India needs to actively pursue FTAs to push apparel exports, suggests RBI articleThe article published in the RBI Bulletin said India's apparel exports to the EU, which is the largest market for apparel exports, have sta...
Indian textiles can regain their sheenThe export potential in textiles is large. We need to build a conducive and innovative ecosystem with proactive policy.
Extension of RoSCTL, other initiatives to help boost apparel exports: Textile SecyTextiles Secretary Upendra Prasad Singh said the apparel sector is important for the economy as it provides livelihood to a large segment o...
Textile industry welcomes announcement on parks in Budget 2021In a statement here, the Indian Texpreneurs Federation (ITF) appreciated the thrust given to the textile sector by proposing the seven mega...
7 Mega textile parks on lines of China, Vietnam in the worksThe textiles ministry has readied a Cabinet note on the proposed national textiles policy, which seeks to position India as a fully integra...
Assam has a good textile policy: Chandra Mohan PatowaryThe Ministry of Textiles, Government of India in collaboration with Invest India organized an ‘Exclusive Investment Forum’ webinar. As part...
Mega textile parks on the anvil; government revamps schemeThe government is considering a plan to set up 1,000-acre mega textile parks as it revamps the Scheme for Integrated Textile Park . A total...
Arvind Limited signs MoU with Gujarat for Rs 300-crore apparel parkThe "mega apparel facility" will be a "first-of-its-kind" which will employ more than 10,000 people, it said.
Many CPSEs not complying with corporate governance norms: CAGThe DPE guidelines stipulate that government directors should not exceed one-sixth of the actual strength of the Board of Directors.
- MAS Holdings to set up textile SEZ in AP
Andhra Pradesh has managed to rope in one more big-ticket investment in the textile sector.
- Govt plans to modernise 18 NTC mills
The government is planning to modernise 18 National Textile Corporation (NTC) mills at an investment of Rs 530 crore through joint ventures...
- Textile parks to be set up in Maharashtra
Textile parks will soon come up at the country's second highest cotton producing state Maharashtra, aimed at boosting textile and apparel p...