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Tamil Nadu targets $ 1 trillion economy
September 2021
Tamil Nadu (TN) has an estimated export potential of $22 billion and there is need for sector-specific export-oriented push to accelerate overall export, according to the Tamil Nadu Export Promotion Strategy 2021.
ECLGS tenure extension will benefit textile companies
June 2021
The government extended loan for four years with repayment of only interest in the first 12 months under Emergency Credit Line Guarantee Scheme (ECLGS).
AEPC urges PM for lockdown exemption on textile units
May 2021
Apparel Export Promotion Council (AEPC) has requested Prime Minister Narendra Modi to declare apparel exports as essential services and exempt the exporting units across India from lockdowns due to Covid.
Bangladesh Textile Firms Face Low Profits and Sales
May 2021
Listed textile and garment makers in Bangladesh are facing low profits and sales due to the ongoing COVID-19 pandemic. However, spinners and yarn makers are performing well by taking advantage of the price hike of yarn.
COVID crisis: Textile exports fell by 13% in FY2020-21
May 2021
The provisional data of the Cotton Textiles Export Promotion Council revealed that the exports of readymade garments and manmade textile declined by 20.78% and 21.20%, respectively. The final data is expected by May end.
Tiruppur textile exporters worried about lockdown
April 2021
The Apparel Export Promotion Council seeks the Centre and state governments’ support in avoiding another lockdown. Textile exporters say another lockdown would mean failing to complete existing export orders.
Indian apparel exporters want exemption from lockdown
April 2021
Apparel Export Promotion Council (AEPC) has requested the government to exempt factories from lockdowns and asked for an essential service tag for the labour-intensive apparel export industry.
Irani inaugurates 41st India Carpet Expo
January 2021
Smriti Zubin Irani, Union Minister of Textiles & Women and Child Development, government of India inaugurated the 41st India Carpet Expo, which will be held from 27 to 31, January, 2021 virtually. She requested all the international buyers, media professionals to visit and explore the carpet collection of India.
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