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.
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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.
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.
Pioneer Embroideries has planned to invest Rs 0.58 billion so that it can increase its capacity to 26,000 tonnes per annum by adding 8,000 tonnes.
Pioneer Embroideries has planned to invest Rs 0.58 billion so that it can increase its capacity to 26,000 tonnes per annum by adding 8,000 tonnes.
Indian textiles and clothing industry has been facing several challenges especially on raw material front and could not achieve the envisaged potential growth rate both in the international and domestic markets.
India is the 4th market in the Asia-Pacific region for Italian export. As the Export Credit Agency (ECA) of Italy, SACE works alongside Italian exporters and Indian importers to support business between them. We foresee this partnership only becoming stronger over the next several years, says Gautam Bhansali, Head – India & South Asia, SACE. In this interview with Rakesh Rao, Gautam Bhansali elaborates on innovative financing solutions provided by SACE to facilitate exports from Italy to India.