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TEXTILE INDUSTRY STAKEHOLDERS
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...- Adani eyes Bengal ports, logistics opportunities as SMPK plans tourism pushKolkata's Syama Prasad Mookerjee Port is set to get a river cruise terminal and museum, boosting tourism. The port aims to increase cargo h...
- Iran truce may revive India's textile exports, industry saysIndia's textile exports are set for a significant boost following the end of the Iran war. Manufacturers anticipate lower raw material cost...
- FTAs building a new trade architecture for Viksit BharatIndia is actively pursuing Free Trade Agreements to boost market access and shield its businesses. These agreements target complementary ec...
- Pema Khandu inaugurates Arunachal Pradesh Bamboo & Cane Technology Centre at Gungu near ItanagarArunachal Pradesh Chief Minister Pema Khandu inaugurated a new Bamboo and Cane Technology Centre. with an aim to transform the state's bamb...
- West Asia peace deal seen boosting India's textile exportsIndia's textile exports are set for a boost following the end of the West Asia conflict. European orders are expected to rise, improving pr...
- India Inc wary of fresh trade headwinds as US weighs additional 12.5% tariffThe United States is proposing a 12.5% tariff on Indian imports. This action stems from an investigation into forced labor import prohibiti...
- India fights a familiar fear even as it keenly watches new US tariff moveIndia 12.5% new tariff: Indian exporters are watching US tariff reviews closely, hoping that trade talks will protect their market share. A...
- US plans additional 12.5% tariff; India says talks on Section 301 probes ongoingThe US Trade Representative has proposed an additional 12.5% duty on 54 countries, including India, over alleged failure to restrict import...
- Assam's Muga silk gets Rs 411 cr boost with Mission Senehjori; set to empower 2.5 lakh weaversA significant Rs 411-crore project, Mission Muga Silk ‘Senehjori’, has been launched to boost Assam's Muga Silk industry. This initiative a...
- Rare earth, gas supply, aircraft parts: What’s inside the new IIP calculus as India revises base yearIndia is updating its Index of Industrial Production. The new series will use 2022-23 as the base year, replacing the old 2011-12 base. Thi...
- Jute industry seeks new Bengal govt's intervention to tide over raw material crisisWest Bengal’s jute industry is staring at a major crisis as raw jute shortages and soaring prices disrupt operations across mills in the Ho...
- India wholesale inflation jumps to 8.3%, highest in 3-1/2 years on oil shockWholesale inflation in India jumped to 8.3 percent in April. This is the highest rate recorded in the current series. Soaring fuel and crud...
- India’s textile output shrinks in March as Iran war fuels input costs, hitsIndia's textile production saw a significant drop in March. Key sectors like readymade garments and cotton goods faced challenges. Rising c...
- Govt examining removal, reduction of 11% import duty on cotton: OfficialThis move aims to ease cost pressures on domestic textile companies. Discussions are underway with relevant ministries for potential reduct...
- India-New Zealand FTA to boost export opportunities and deepen bilateral trade: FIEOFIEO anticipates expanded market access for Indian goods and services, particularly benefiting MSMEs. This landmark pact aims to diversify ...
- Beyond wage protest: Bureaucracy, compliance burden strain Noida-Greater Noida MSMEsIndustry stakeholders say legacy bureaucratic systems and entrenched administrative practices are undermining MSMEs’ momentum in the region.
- 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...
- Textiles PLI application date extended till Dec 31The government has decided to extend the deadline for submitting fresh applications for the performance-linked incentive (PLI) scheme in th...
- MCX signs MoU with NITMA for educating its membersCotton constitutes about 59 percent in the raw material basket of the Indian textile industry.
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