The Government of India’s approval for the Rs 10,683 crore Production Linked Incentive (PLI) scheme is expected to provide a shot in the arm for manmade fibre (MMF) and technical textiles sectors. Now the onus is on the industry to rise to the occasion, says Rakesh Rao.
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India is only second after China when it comes to manufacturing and export of textile globally. The country now needs to work towards self-reliance by building indigenous textile machinery and technology, says Vibhav Jain.
Zalando, Europe’s leading online platform for fashion and lifestyle, invested in the circular fashion and textile technology group Infinited Fiber Company (IFC).
With a vision to be a fully integrated and globally competitive textile manufacturer, SVP Global Ventures Ltd, India’s largest compact cotton yarn manufacturer, is foraying into technical textiles.
With a vision to be a fully integrated and globally competitive textile manufacturer, SVP Global Ventures Ltd, India’s largest compact cotton yarn manufacturer, is foraying into technical textiles.
South India’s textile and cloth exporters are fearful that the financial disaster in Sri Lanka could result in a delay in funds from consumers within the island nation.
The textile and clothing industry has sought a uniform 5% Goods and Services Tax (GST) across the textile value chain.