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Textile companies look to tap into prospects offered by FTAsCHENNAI: Free trade agreements offer the Indian textile industry a significant opportunity to expand its share in the EU, UK, and other markets, as they boost competitiveness. Large players, including Gokaldas Exports, KPR Mill, Arvind, Welspun Living, Vardhman Textiles, and Pearl Global Industries, have signaled export growth in these markets. Some, such as Trident and Arvind, are setting up...0 Σχόλια 0 Μοιράστηκε 38 Views 0 ΠροεπισκόπησηΠαρακαλούμε συνδέσου στην Κοινότητά μας για να δηλώσεις τι σου αρέσει, να σχολιάσεις και να μοιραστείς με τους φίλους σου!
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State govt decides to complete Mega Textile Park under PM Mitra projectKalaburagi: The state govt has decided to complete the ambitious Mega Textile Park under the ‘PM MITRA project‘, announced by chief minister Siddaramaiah in this budget. Minister Priyank Kharge said that the department of handlooms and textiles has been instructed to immediately revise the detailed plan report (DPR), including external infrastructure works of Kalaburagi...0 Σχόλια 0 Μοιράστηκε 33 Views 0 Προεπισκόπηση
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Textile bodies seek relief to deal with cotton price surgeCHENNAI: The textile industry has raised concerns over a sharp increase in cotton prices in the past two months and tightening domestic supply, along with heightened raw material and logistics costs, could adversely impact the industry, hard-hit by US tariffs last year. Neeraj Jain, managing director of Vardhman Textiles, raised concerns about domestic supply during the company's latest...0 Σχόλια 0 Μοιράστηκε 81 Views 0 Προεπισκόπηση
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Textile industry urges Union government to restore - RODTEP ratesCoimbatore: Textile exporters have urged the Union govt to immediately restore the earlier rates and value caps under the Remission of Duties and Taxes on Exported Products (RODTEP) scheme, warning that the recent 50% reduction would severely affect the industry Industry representatives said the abrupt cut in RoDTEP benefits from Feb 23 has come as a shock, particularly to the power loom,...0 Σχόλια 0 Μοιράστηκε 162 Views 0 Προεπισκόπηση
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GST 2.0-Cheaper clothes under 2,500 and a boost for Indias textile industryIndia's textile industry is poised for significant growth following GST reforms effective September 2025. These changes address the inverted duty structure, reducing input costs for synthetic textiles and benefiting MSMES. Lower taxes on affordable apparel are expected to boost domestic consumption, while exports of handicrafts gain competitiveness. If fashion is where art meets utility,...0 Σχόλια 0 Μοιράστηκε 765 Views 0 Προεπισκόπηση
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Textile Industry Seeks Special Focus On Processing SegmentAhmedabad: The Gujarat textile industry has demanded a special focus on the processing segment, stating it is the weakest link in the textile value chain. Industry representatives said that units within municipal limits should be given the advantage of the Gujarat Textile Policy 2024. A delegation met with top officials in the industries department and raised the issue of ambiguity in the...0 Σχόλια 0 Μοιράστηκε 293 Views 0 Προεπισκόπηση
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Over Rs700 crore infra work to begin at PM Mitra Park in DharIndore: Infrastructure work amounting to more than Rs 700 crore will be carried out at PM Mega Integrated Textile and Apparel Park (PM MITRA) in Dhar, one of the seven textile parks being set up in the country under the Centre's scheme to promote textile manufacturing in the country. The first phase of the PM MITRA Park will be developed on 2,158 acre of land in Dhar district at a cost of over...0 Σχόλια 0 Μοιράστηκε 149 Views 0 Προεπισκόπηση
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Industry Calls For Innovation To Revive Textile SectorLudhiana: The textile industry of Ludhiana, a city long hailed as the powerhouse of India's hosiery and knitwear sector, is facing an urgent need for reinvention amid rising global competition, bureaucratic red tape, and lack of govt support. These concerns, alongside future opportunities, were the focus of an event organised by the Confederation of Indian Textile Industry (CITI) along with...0 Σχόλια 0 Μοιράστηκε 380 Views 0 Προεπισκόπηση
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War-linked gas curbs disrupt chemical, textile production in AhmedabadAhmedabad: Industrial units in Ahmedabad's chemical and textile clusters are grappling with a sharp rise in input costs after gas companies curtailed supplies to industrial consumers amid the ongoing Israel-Iran war. The disruption has led to lower production, tighter availability of key raw materials and a cascading increase in prices across the value chain, industry representatives said....0 Σχόλια 0 Μοιράστηκε 205 Views 0 Προεπισκόπηση
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