The Free Trade Agreement between India and EU will be signed at the earliest since the dialogues between the two countries have been revived, said Rashmi Verma, Union Secretary (Textiles), said at the inaugural of the 42nd India Knit Fair.
Search Results: apparel exports (1188)
While Bangladesh, India and Pakistan are expecting higher exports of readymade garment (RMG) to the U.S. and European Union (EU), exports from the East Asian giant China and start-ups Cambodia and Vietnam are the on decline.
The US Department of Agriculture (USDA) has raised India’s cotton export forecast in April 2016 on account of increased demand form Pakistan. India’s exports are boosted 250,000 bales to 5.8 million on strong demand, especially from Pakistan, USDA said in its latest report. “Strong textile exports, especially of apparel and bed wear, have forced Pakistan’s textile sector to look to imported cotton, especially from India, to make up for a significantly smaller crop,†according to the report.
GST has struck the stumbling-block. Will it see the light of the day is the question on everyone’s lips! An ITJ exclusive report takes a hard look at the issues and various implications of this much-touted taxation initiative. GST, only a few months ago, it was a buzzword. With other pressing political issues and economic concerns, now decision-makers seem to be suffering from a temporary amnesia! The GST debate even has come to a standstill!
The overall proposed structure to revive rural consumption and rural development in the Budget is likely to give an indirect impetus to the textile industry.
About $300 billion textile exports by 2025 to create 35 million additional jobs, and the new Textile Policy to realise these goals before this April-end
Ponte Venese is a quality, compact, double-knit fabric re-created for maximum comfort, fluidity and natural stretch. “Why should India import new types of yarn and fabrics while we have abundant resources and raw material base to develop new materials of our own.