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Agriculture Ministry Yet to Clear Cotton Duty Relief Despite Textile Sector PressureThe Textile Ministry has proposed a temporary removal or reduction of import duties on raw cotton to ease input costs for apparel exporters amid the West Asia crisis, but the Agriculture Ministry has yet to agree. The Textile Ministry said in a discussion with the Revenue Department that care would be taken to ensure that farmers are not adversely affected as duty cuts could be extended...0 Commentarios 0 Acciones 533 Views 0 Vista previa
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CIBIL - style score, green fund in the works for textile sectorTo address credit access challenges in the textile sector, particularly for smaller units, the government is considering a credit rating system akin to CIBIL and a consolidated green fund. These initiatives aim to improve lenders' understanding of the sector's unique needs and streamline access to financing for sustainable production. New Delhi: The government is considering establishing a...0 Commentarios 0 Acciones 378 Views 0 Vista previa
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Election-Linked Labour Migration Costs Gujarat Textile Sector US $125 Million, Says IndustryGujarat’s textile and manufacturing sectors are facing significant production disruptions due to repeated election cycles and the large-scale migration of migrant workers during polling periods, according to industry representatives participating in consultations held by the Joint Parliamentary Committee (JPC) examining the proposed “One Nation, One Election” framework. The...0 Commentarios 0 Acciones 63 Views 0 Vista previa
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Gujarat Textile Sector Flags Election-Linked Production LossesGujarat’s textile and manufacturing sectors have flagged recurring production disruptions caused by repeated election cycles and migrant worker movement during polling periods, during consultations with the Joint Parliamentary Committee (JPC) reviewing the proposed One Nation, One Election framework. The concerns were raised as part of discussions on the Constitution (129th Amendment)...0 Commentarios 0 Acciones 14 Views 0 Vista previa
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Highlights For Textile Sector In India Budget 2026 - 27Insights India's Union Budget outlines a multi-part integrated programme for textiles covering fibres, cluster modernisation, handlooms, sustainability and skilling. It proposes mega textile parks, support for khadi and rural artisans, duty-free inputs for shoe uppers, and extends export timelines for textiles, garments and footwear from six months to one year. India’s Minister for...0 Commentarios 0 Acciones 722 Views 0 Vista previa
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India Eyes Duty Cuts to Cushion Textile Sector Amid West Asia DisruptionsThe Ministry of Textiles has proposed a series of duty reductions and regulatory relaxations aimed at securing raw material supplies, as ongoing disruptions linked to the West Asia crisis place mounting pressure on India’s textile industry. The measures under consideration include lowering import duties on rayon pulp and select cotton varieties, as well as deferring anti-dumping duties on...0 Commentarios 0 Acciones 353 Views 0 Vista previa
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India's textile & apparel sector stays confident despite 25% US tariffInsights Despite the newly imposed 25 per cent US tariff and penalty, India's textile and apparel industry remains confident, citing its quality, scale, and resilience. Industry leaders stress the need to remove the 11 per cent duty on US cotton and recommend export incentives. The UK FTA and progress in EU negotiations offer alternative opportunities. Competition from Vietnam and Indonesia...0 Commentarios 0 Acciones 473 Views 0 Vista previa
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India's textile sector may gain edge as Vietnam deals with labour costs, Bangladesh faces political instability: ReportCompanies are also expected to pass on a significant portion of these costs to consumers, which could lead to higher textile and apparel prices and potentially reduce demand from key markets like the US India's textile sector may gain a competitive edge in the global market due to rising labour costs in Vietnam and ongoing political instability in Bangladesh, two of its key export rivals,...0 Commentarios 0 Acciones 382 Views 0 Vista previa
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India’s Textile Sector Has Major Growth Opportunity Despite Global Challenges: Nirmala SitharamanClimate change, geopolitical tensions and technology shifts may reshape textile trade, says Finance Minister at TEXPROCIL Export Awards in Mumbai Finance Minister Nirmala Sitharaman said India’s textile industry must prepare for a changing global trade environment shaped by climate change, geopolitical tensions and rapid technological developments. Speaking at the TEXPROCIL Export Awards...0 Commentarios 0 Acciones 55 Views 0 Vista previa
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India’s Textile Sector Urges Fairer ASEAN Trade Terms: Exim BankIndia’s textile industry is calling for a review of the ASEAN-India Trade in Goods Agreement (AITIGA), citing trade imbalances and limited market access as key concerns, according to a recent report by India Exim Bank. While India has taken a cautious stance on free trade agreements, its commerce with major ASEAN economies like Indonesia, Thailand, and Malaysia has grown significantly....0 Commentarios 0 Acciones 474 Views 0 Vista previa
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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 Commentarios 0 Acciones 382 Views 0 Vista previa
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KTMEA raises concerns over rising costs, labour shortage in textile sectorThe Karur Textile Manufacturers and Exporters Association (KTMEA) has raised concerns over the severe crisis in the textile sector, urging the Union and State governments to support the industry amid challenges arising from the conflict in West Asia. Due to geopolitical tensions involving the United States, Israel, and Iran the prices of several essential materials required...0 Commentarios 0 Acciones 93 Views 0 Vista previa
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Meeting held to address credit access to textile sectorUnder the chairpersonship of the Secretary (Textiles), a brainstorming session on the Credit Access Issues in the Textile Sector was conducted by the Confederation of Indian Textile Industry (CITI) on 15th July 2025, with the goal of examining possible solutions in conjunction with financial, policy, and industry agencies. A thorough analysis of the textile industry’s credit access...0 Commentarios 0 Acciones 221 Views 0 Vista previa
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Textile Ministry Convenes Fourth ESG Task Force Meeting to Shape Sustainable Future for Indian SectorThe Ministry of Textiles, led by Secretary Smt. Neelam Shami Rao held the fourth meeting of its ESG Task Force, bringing together a wide spectrum of stakeholders to help define a sustainable vision for India’s textiles and apparel industry. The session included participation from senior ministry officials such as Additional Secretary Shri Rohit Kansal, Textile Commissioner Dr. M. Beena,...0 Commentarios 0 Acciones 611 Views 0 Vista previa
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