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TEXTILE INDUSTRY CRISIS
India's manufacturing growth expected to moderate in April-June due to West Asia crisis: FICCIIndian manufacturing growth is set to slow in the first quarter of FY27, with a FICCI survey revealing muted business sentiment. This moder...- Govt extends customs duty waiver on import of key petrochemical products till July 15The government has extended the nil customs duty on approximately 40 critical petrochemical products by another 15 days, now until July 15....
- Manufacturing growth seen moderating in Q1 as West Asia crisis weighs on sentiment: FICCIIndia's manufacturing sector anticipates a slowdown in April-June FY27, influenced by West Asia tensions impacting business confidence. Des...
- World MSME Day: Chemical industry seeks policy support to boost competitiveness amid global trade disruptionsIndian chemical industry leaders are urging a policy overhaul to boost competitiveness ahead of World MSME Day 2026. They highlight the nee...
- He used his airline to rescue refugees from Pakistan, donated 300 acres to India: Meet the Tamil Nadu Padma awardee who gave everything to the nationTamil Nadu industrialist Dr. R.M. Alagappa Chettiar, a visionary beyond business, utilized his private airline for crucial refugee rescue o...
- India’s trade strategy: Moving beyond FTAsCurrently, India’s FTA utilisation rate hovers around 25% compared to 70-80% in developed economies.
- ET Alpha Wealth Summit | Quality has rarely been this cheap relative to junk; 3 themes to buy now: Saurabh MukherjeaQuality stocks in India and globally are at their cheapest in years. Saurabh Mukherjea highlights export-oriented manufacturing, European a...
- Former Bengal minister Manas Bhunia quits TMCFormer minister Manas Bhunia has resigned from the Trinamool Congress. This adds to the party's ongoing crisis following its assembly poll ...
- 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...
- Govt sets up six sector groups to fast-track ‘Make in India 2.0’ pushIn a bold move towards self-sufficiency, India is ramping up its domestic manufacturing initiatives! Six government-led teams are tasked wi...
- We expect interest rates to be left the way they are: Ficci chief Anant GoenkaFicci president Anant Goenka advocates for steady interest rates, citing supply-side price pressures from the West Asia crisis. He suggests...
- No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens marginsIndian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on d...
- India's industrial output in April slows on year to 4.9% under new seriesIndia's industrial output for April reached 4.9% under a revised Index of Industrial Production (IIP) series with an updated base year of 2...
- West Asia crisis may soon make everyday goods costlier in IndiaIndia faces a looming price hike on everyday goods as global commodity costs surge due to the West Asia conflict. Manufacturers are absorbi...
- India needs structural reforms, not subsidies, to shield economy from West Asia shocks: ReportIndia must shift from subsidy reliance during global crises to structural reforms for economic resilience. Rising geopolitical tensions hig...
- India's economy resilient amid external shocks, says SitharamanIndia's economy shows resilience and strong domestic demand. Finance Minister Nirmala Sitharaman highlighted that external factors are caus...
- West Asia conflict may dent India Inc profitability by 200 bps: CrisilA prolonged West Asia conflict poses a risk to India Inc's profitability. Crisil Ratings predicts a significant drop in operating margins d...
- Living Supermaterial: What is the new plastic alternative scientists have created that is stronger, smarter, & fully biodegradable?Living Supermaterial: Indian scientists have developed a novel bacteria-grown cellulose material that could serve as a sustainable alternat...
- Receiving Bharat Tex queries despite global disruptions: Textiles SecretaryBharat Tex 2026 is making news, with the Textile Ministry noting a surge in interest from international exhibitors and diplomatic represent...
- Tamil Nadu seeks duty-free cotton imports to support textile sector: CM Vijay writes to PMHe highlighted the severe crisis facing the state's massive textile and apparel export industry, which employs lakhs, due to soaring cotton...
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