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Focus on value-added MMF segment: CITI AGM
Ravi Capoor, IAS, Secretary, Ministry of Textiles, advised the stakeholders to focus on value added MMF segment, technical textiles, scale of operation and indigenous textile machinery manufacturing facilities to make Indian textiles and clothing industry globally competitive and grab the post-COVID-19 opportunities.
CITI hails PM’s decision to stabilise Indian economy
Confederation of Indian Textile Industry’s (CITI) Chairman, T Rajkumar thanked and appreciated the Central Government and State Governments for the efforts undertaken under the dynamic leadership of the Prime Minister, Narendra Modi, to contain and minimise the effects of unprecedented outbreak of deadly Coronavirus (COVID-19).
Budget 2020 FOCUS ON GROWTH!
Textile industry has something to cherish in the Budget with the abolition of ADD on PTA imports, prioritisation of technical textiles sector, review of rules of origin in FTAs to curb imports from Bangladesh, and RoDTEP, NIRVIK and other measures taken.
CITI tells govt to be cautious with RCEP talks
The Confederation of Indian Textile Industry (CITI) has cautioned the government to tread carefully while negotiating for the proposed Regional Comprehensive Economic Partnership (RCEP) trade agreement and not to cede space to China in the global textiles and clothing (T&C) sector.
Robotics use focus of TAI Textile 4.0 meet
Like the first edition, the second edition of international conference organised by the Textile Association of India (TAI), Mumbai unit too received an overwhelming response from Indian textile and garment industry.
NSE & CITI sign MoU
India’s leading stock exchange, National Stock Exchange of India Limited (NSE) signed a Memorandum of Understanding (MoU) with Confederation of Indian Textile Industry (CITI)
Designed For Gains
Dollar has been hardening, making Indian textile and clothing exporters happy. With negligible import content for the domestic industry, and the Government’s bid to curb cheaper import, good times are ahead, reveals the ITJ Cover Story.
Textile exports likely to miss $45bn target
Textile exports are likely to miss the $45 billion target for 2017-18, as the industry reels under the impact of GST roll out and tariff advantages enjoyed by competitors like Bangladesh and Vietnam, according to textile industry body CITI.