Category: Industry Update
Vinod Gupta: The Union Budget should place focused emphasis on empowering MSMEs
At a time when India is strengthening its manufacturing base, the Union Budget should place focused emphasis on empowering MSMEs. A PLI 2.0 scheme tailored ... Read More
Monforts names Volker Gingter as new Managing Director
Leadership transition takes effect at German textile machinery major. A. Monforts Textilmaschinen GmbH & Co. KG has announced a leadership transition with the appointment of ... Read More
Textile Ministry signs Tex-RAMPS MoUs with 15 States
Pacts aim to strengthen textile data, planning and research systems. The Ministry of Textiles has signed Memorandums of Understanding (MoUs) with 15 States under the ... Read More
Textiles Ministry unveils DLTT plan to build export-led districts
District-centric strategy targets global competitiveness and inclusion. The Ministry of Textiles has announced the launch of the District-Led Textiles Transformation (DLTT) initiative, a strategic programme ... Read More
Italian textile machinery firms reinforce presence at Colombiatex 2026
Italian technology makers return strongly to Colombiatex in Medellín. Italian textile machinery manufacturers are set to make a strong showing at Colombiatex 2026, the leading ... Read More
Vishal Pacheriwal: We look forward to a budget that builds on previous initiatives
As India approaches the Union Budget 2026, Parnika India welcomes the Government’s steadfast commitment to strengthening the textile sector - one of the country’s largest ... Read More
Suketu Shah: We hope Union Budget 2026 builds on this technology momentum
Last year’s Budget laid a strong foundation for the textile sector, translating into tangible outcomes in 2025 through improved export performance, GST rationalisation, expansion of ... Read More