Dr Seshadri Ramkumar suggests that India can be a viable alternative and a formidable competitor to China based on the proposed additional tariffs against Chinese goods…
Browsing: Industry Update
The move by the government is recognition of the fact that these fabrics are being smuggled into the country at under-invoiced values & by misdeclaration of…
The textile industry is the second largest employment provider of the nation, next only to agriculture that provides jobs predominantly to rural masses especially women…
In 2024, the global textile and apparel (T&A) market was valued at approximately $875 billion, with apparel dominating the trade, accounting for around 60 per cent…
The finance minister expanded the list of fully exempted textile machinery by including two types of looms to boost domestic production of technical textile products. Nirmala…
This budget brings a much-needed boost for MSMEs, making it easier for small businesses to access credit and scale up. Expanding the credit guarantee cover for…
Confederation of Indian Textile Industry (CITI) welcomes the Union Budget 2025-26 which reflects the Government’s commitment to strengthening India’s textile and apparel sector. The budget witnessed…