Browsing: Industry Update

During the last fiscal year, the top five export destinations for this sector were identified as the US, Bangladesh, China, Sri Lanka, and the UAE. The…

In 2023-24, for the second consecutive year, India’s textile exports recorded a fall. Exports in FY24 stood at $34.4 billion, a drop of 3 per cent…

The sentiment in the industry is quite positive this year, as orders are being placed and manufacturing processes initiated around three to four months before any…

On March 8, 2024, the Directorate General of Foreign Trade (DGFT) issued exemptions on the import of select goods, including viscose staple fibre and various steel…