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Ministry of Textiles signs MoU with Nissenken
March 2021
A formal Memorandum of Understanding (MoU) signing ceremony was held between Textiles Committee, Ministry of Textiles, Government of India and M/s Nissenken Quality Evaluation Centre Japan, through video conferencing on 27th January 2021.
Aspire, believe & deliver: India - The future of global fashion
March 2021
In 2020 alone, Asia Pacific accounted for 51 per cent of the global textile market, making it the largest region. India is the second-largest manufacturer and exporter of textile and clothing in the world, with a 5 per cent share of global trade.
Are we prepared for import substitution?
September 2020
An independent research on current import portfolio from China promotes the idea that there are about 40 sub-sectors that have the potential to lower their import dependency on China. An independent research on current import portfolio from China promotes the idea that there are about 40 sub-sectors that have the potential to lower their import dependency on China.
Grasim’s Staple Fibre Division wins award for CSR
August 2020
Grasim Industries, Nagda bagged the 14th Golden Peacock Awards 2019 for CSR in the Textile & Apparel sector, for the project “Integrated Rural Development”.
Go beyond FTAs
August 2020
According to a report of analytics firm Fitch Solutions, Asia is expected to remain a dominant player in garment production over the coming decade even as China looks to reduce its apparel manufacturing operations and move up the value chain. In spite of this, India and Indonesia, which offer low-cost cheap labour and large domestic markets, may not be able to take advantage of the situation due to the lack of conducive business conditions.
Coronavirus impact on textile industry
March 2020
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come.
SIMA hails financial package relief announced by RBI
March 2020
Ashwin Chandran, Chairman, SIMA thanked PM for making certain announcements on financial relief package through RBI.
SRE weaves magic on Modi, Xi shawls
October 2019
Shawls may be just pieces of cloth. But when a weaver, designer and a design tool provider named SRE Corporation collaborated to create magic on them, they become objects of beauty! More than that, when two leaders—Modi & Xi—flaunted them, then many wondered where they came from!
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