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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.
SIMA requests withdrawal of import duty on cotton
June 2021
According to the Southern India Mills’ Association (SIMA), the import duty on raw cotton would erode the competitiveness India’s value-added segments that has a business size of around Rs 50,000 crores in exports and Rs 25,000 crores in the domestic market.
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.
India to be Atmanirbhar in silk production in 2 years
March 2021
The Central Silk Board under the Ministry of Textiles and the Ministry of Agriculture and Farmers Welfare signed a Memorandum of Understanding on a convergence model for implementation of agro-forestry in the silk sector.
New Textile Policy is at draft stage: Irani
March 2021
Ministry of Textiles is contemplating a New Textile Policy. At present, New Textile Policy has not been finalised and it is at draft stage.
New Textile Policy is at draft stage: Smriti Irani
February 2021
Ministry of Textiles is contemplating a New Textile Policy. At present, New Textile Policy has not been finalised and it is at draft stage.
COVID has opened up new vistas for technical textile industry
January 2021
Anup Rakshit, Executive Director, ITTA. converses about the strengths and shortfalls of the Indian technical textile industry
PLI scheme a shot in the arm for MMF & tech textiles
December 2020
On November 11, 2020, the Union Cabinet gave its approval to extend the PLI scheme to textile products along with nine other new sectors entailing additional financial outlay of Rs 1,460 billion over a five-year period.
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