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TEXTILES INDUSTRY BOOST
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...
India's textile industry poised for long-term growth as global sourcing shift gathers pace: Siddhartha KhemkaIndia's textile sector is poised for significant growth, driven by a global shift in sourcing away from China and a cyclical recovery in de...
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 ...
India-UK FTA sparks partnership rush among boutique law firmsIndian law firms are actively seeking UK partnerships ahead of a free trade agreement, anticipating a surge in cross-border legal work. Thi...
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...
India-UK CETA to help textile exporters double UK market share to 12% in 3-5 yearsIndian textile exporters anticipate a significant boost in the UK market. The new India-UK trade deal, effective July 15, offers zero duty ...
India-UK FTA levels the playing field for apparel exporters, says Pearl Global's Pallab BanerjeeIndia's apparel exports are set for a significant boost with the new UK Free Trade Agreement, finally removing a long-standing 10-12% tarif...
India-UK free trade deal to take effect on July 15, opening 99% of exports to tariff-free accessIndia and the UK's Comprehensive Economic and Trade Agreement (CETA) will take effect on July 15, granting 99% of Indian exports tariff-fre...
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...
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...
US-Iran peace deal may help boost India's exports, stabilise rupeeA peace deal between the US and Iran is set to reopen the Strait of Hormuz. This agreement is anticipated to significantly boost India's ex...
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...
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...
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...
India-Oman CEPA kicks inThe India-Oman Comprehensive Economic Partnership Agreement is now active. Indian exporters of textiles, leather, plastics, and more will g...
Cotton prices down 3% on import duty suspension, may slide moreIndia has suspended its 11% import duty on cotton until October. This move has immediately reversed the recent rally in cotton prices, with...
India may rethink Scotch whisky tariff cuts if UK does not ease steel import curbsIn a strategic move, India may reconsider its tariff reductions on British products, especially Scotch whisky, pending the UK's solutions t...
Record rupee fall puts corporate India under greater investor scrutinyThe rupee’s sharp depreciation, down about 10% against the dollar in the past year, has become a key concern during corporate earnings call...
110 electric buses to connect Jewar airport; UP CM reviews expressway, industrial projectsUttar Pradesh Chief Minister Yogi Adityanath has ordered the deployment of 110 electric buses for the upcoming Noida International Airport ...
India, Canada aim to seal free trade deal by November-end, Goyal says Carney 'shaved off a month'India and Canada are working towards a free trade agreement. Talks are progressing with a target for conclusion by year-end. This pact aims...