The Times Of India

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2026-05-26 06:44:47 -

Textile companies look to tap into prospects offered by FTAs
CHENNAI: 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...

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2026-05-25 10:29:23 -

State govt decides to complete Mega Textile Park under PM Mitra project
Kalaburagi: 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...

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2026-05-20 09:45:29 -

Textile bodies seek relief to deal with cotton price surge
CHENNAI: 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...

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2026-04-03 08:44:56 -

Textile industry urges Union government to restore - RODTEP rates
Coimbatore: 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,...

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2026-03-27 07:32:46 -

GST 2.0-Cheaper clothes under 2,500 and a boost for Indias textile industry
India'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,...

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2026-03-26 11:42:09 -

Textile Industry Seeks Special Focus On Processing Segment
Ahmedabad: 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...

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2026-03-25 06:09:46 -

Over Rs700 crore infra work to begin at PM Mitra Park in Dhar
Indore: 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...

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2026-03-24 12:00:17 -

Industry Calls For Innovation To Revive Textile Sector
Ludhiana: 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...

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2026-03-21 09:57:18 -

War-linked gas curbs disrupt chemical, textile production in Ahmedabad
Ahmedabad: 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....

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