The Indian textile industry contributed 14 per cent of industrial production and 13 per cent of exports in 2017, says Kishore Khaitan.
Search Results: PLI scheme (848)
The government will start ?trend forecasting? for textiles sector this month, using commercial intelligence to determine what could be in vogue in near future, as India gears up to influence global fashion trends.
The 2nd Global Textile Technology & Engineering (GTTES 2019) show heralded a new successful business year with new optimism, new opportunities and new prospects for the textile industry.
In future, China’s share is expected to further reduce because of gradual shift of global buyers from there due to rising manufacturing costs in China and availability of other lower cost destinations in other region.
Will 2019 open the doors to the much-touted New-Age Era for the Indian textile industry? Many are optimistic that good times are ahead, but there are questions hanging around that defy definite answers. An ITJ Exclusive Report reveals the industry’s views and visions.
The Textiles Committee is raring to rewrite its role as a greater facilitator of textile industry, its production and trade: this was clearly evident during a recent informal chat the Editor of the Indian Textile Journal had with the Secretary of Textiles Committee, Ajit B Chavan.
The calendar year 2018 had been one of the most challenging years for the textile industry due to the impact of GST on the MSME sector (especially on the textile hubs like Surat, Bhiwandi, Ludhiana, Erode and many others), higher raw material prices, severe liquidity crisis post Punjab National Bank scam and subdued fabric demand.