The textile industry has been demanding for the abolition of anti-dumping duty (ADD) levied on PTA, the basic raw material used for the manufacture of polyester staple fibre and filaments, to remain globally competitive.

At the Swiss-Egyptian Investment Forum which took place in Cairo (Egypt), the Cotton & Textiles Holding Company and Rieter signed additional contracts related to the modernisation programme for the Egyptian textile industry.

Textile industry plays a significant role in the economy contributing to over 13 per cent of the industrial output, over 2 per cent to the GDP of India.

Cotton Association of India (CAI) has released its November estimate of the cotton crop for the season 2019-20 beginning from 1st October 2019.

Finance Minister Nirmala Sitharaman proposed National Technical Textile Mission with an outlay of Rs 1,480 crore over four years to cut down import.

Three-day programme from December 19-21, 2019, commencing with B2B meetings for exclusive delegation of women entrepreneurs from four African nations looking at sourcing India, kick-started the celebrations for India ITME Society.

Stäubli’s Safir range of drawing-in machines delivers maximum benefits to home textiles customers.

To attract higher foreign investment in the textile sector, India has planned a complete overhaul of a scheme to create world-class infrastructure facilities for setting up textile units.

Ashwin Chandran, Chairman, The Southern India Mills’ Association (SIMA) has thanked the Duty Drawback Committee and the Government for considering the inputs given by the textiles and clothing industry and enhancing the rates marginally across the value chain.