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PLI scheme for textiles, MITRA park to get approval
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.
Bangladesh faces stiff competition in apparel exports
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
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.
India to achieve $400 bn merchandise exports target
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
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.