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Uttar Pradesh sets apparel target for export sector
October 2021
To increase UP’s exports to Rs 3 trillion within the next five years, the state government has identified apparels as a crucial sector which has a massive potential for growth.
PLI scheme for textiles, MITRA park to get approval
September 2021
Piyush Goyal, Union Minister for Commerce & Industry, Textiles, Consumer Affairs and Public Distribution stated that PLI Scheme for Textiles & MITRA Parks Scheme is at an advanced stage of Approval.
India’s textile exports boosted by orders from US, EU
September 2021
India’s textile and apparel exports to the United States, its single largest market, were up 55 % in the first seven months of 2021.
Bangladesh faces stiff competition in apparel exports
September 2021
According to an economist, severe competition will be faced by Bangladesh in garment shipment to the European Union once the status will change from a least a developed country to developing country.
Relationship between Italy and India is very important
September 2021
India is the 4th market in the Asia-Pacific region for Italian export. As the Export Credit Agency (ECA) of Italy, SACE works alongside Italian exporters and Indian importers to support business between them. We foresee this partnership only becoming stronger over the next several years, says Gautam Bhansali, Head - India & South Asia, SACE. In this interview with Rakesh Rao, Gautam Bhansali elaborates on innovative financing solutions provided by SACE to facilitate exports from Italy to India.
Cotton-based textiles benefit the most from RoDTEP
September 2021
According to CARE Ratings, cotton-based textile products emerge as a clear winner with additional incentives of Rs 750-850 crore in the new rates of rebate under RoDTEP.
India to achieve $400 bn merchandise exports target
August 2021
According to Piyush Goyal, Union Minister of Commerce and Industry, Consumer Affairs, Food & Public Distribution, and Textiles, the interaction with the Industry Associates will create a roadmap to build a robust ecosystem.
UAE investments to help India’s textile sector
August 2021
India’s textiles sector has been attracting a lot of investment from the UAE as the country is trying to promote the exports of handloom textiles in the next 3 years.
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