Textile traders in Surat are worried over pending payments of about Rs 4,000 crore from Afghanistan which have got stuck with the Taliban taking control of the country.

Piyush Goyal, Union Minister for Commerce & Industry, Textiles, Consumer Affairs and Public Distribution stated that PLI Scheme for Textiles & MITRA Parks Scheme is at an advanced stage of Approval.

India’s textile and apparel exports to the United States, its single largest market, were up 55 % in the first seven months of 2021.

The first ‘textile parcel’ special train customised to carry textile material left Gujarat for Bihar with an aim to boost Surat’s textile market through an economical, faster and safer mode of transport.

Textile minister Piyush Goyal said that the sector will achieve $44 billion exports target in FY22, and in the next five years, is set to aim for $100 billion outbound shipments.

Textile traders in Surat are worried over pending payments of about Rs 4,000 crore from Afghanistan which have got stuck with the Taliban taking control of the country.

An agreement has been signed by the Board of Investment of Sri Lanka with Rakshaa Ltd to expand its existing operations. This expansion will include ladies’ fashion garments and sportswear.

BSL Ltd, a heritage brand in the domain of textiles and suiting has established a multi-pronged corporate strategy to expand its existing portfolio and enter new segments in the next 4 years.

RR Decor is a brand which is known for its luxurious hand-woven silk fabrics which have roots in India but have a universal appeal to them. The brand also stands apart in the furnishings world.