The domestic market is also expected to expand significantly, from $ 110 billion in 2022 to $ 1.8 trillion, driven by the rise in e-commerce and…
Browsing: Industry Update
Ahmedabad, renowned as India’s hub for cotton textiles, and Surat, leading in polyester textiles, are feeling the effects. In Gujarat, the textile industry has been grappling…
Despite industry demands to include cotton garments and lower the criteria for minimum investment and turnover, no changes were made during the second application round. Officials…
This highlights the strong demand and growing consumer preference for affordable and trendy clothing options. According to a report by Redseer Strategy Consultants, the Indian fast…
The new Union Textiles Minister Giriraj Singh has his task cut out. India’s textiles and apparel (T&A) exports decreased in 2023 compared to the levels in…
The sector reported exports valued at $ 5.86 billion in April-May 2024, which was a 5.4 percent increase from the $ 5.56 billion recorded in the…
These funds shall be utilised mainly to meet the working capital needs, with a smaller portion towards the capex requirements. Gokaldas Exports (GEX) has agreed to…