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India’s textile & apparel industry
January 2021
The global apparel demand is expected to boost at a steady CAGR of 5 per cent to grow from the current $1.9 trillion to reach $2.6 trillion by 2025.
Will the sun shine on India’s technical textile sector?
January 2021
India’s technical textile industry, still in its nascent stage, is witnessing growing domestic as well as global demand. Can increasing disposable incomes, growing investment, and the government’s power boost turn this into a $5 trillion economy in the next few years?
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.
Stitching together perfect recovery strategies
October 2020
Outbreak of COVID 19 has caused catastrophic global economic downturn not seen any time during The Indian Textile Journal’s 131 years of existence. Factories had to remain closed for several days due to government’s lockdown orders and when allowed to reopen, they are running at just 30-40 per cent capacity due to lack of demand.
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.
Industry on ‘wait-n-watch’ mode
March 2020
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come.
AI techs can boost global GDP by $15.7 trillion
February 2019
Artificial intelligence technologies could increase global GDP by $15.7 trillion, a full 14 per cent, by 2030.
7.6% GDP predicted
May 2018
India's economy is projected to grow 7.6 per cent in fiscal year 2018-19, remaining the fastest growing economy in the world, as robust private consumption and benefits from past reforms help the country's GDP gain momentum, according to a UN report
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