India’s technical textile industry, still in its nascent stage, is witnessing growing domestic as well as global demand. Can increasing disposable incomes, growing investment, and the government’s power boost turn this into a $5 trillion economy in the next few years?
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The Polyester, Textile and Apparel (PTA) users industry wished the government to consider single GST for the complete textile industry.
The Ind-Ra report highlights the trends in the sub-segments of the textile sector, including cotton, man-made fibres (MMF), yarns and fabric with a focus on commodity prices, imports/exports, production and recent rating actions.
The National Cotton Council of America looks forward to working again with US Agriculture Secretary appointee Tom Vilsack on matters ranging from sustainable, climate smart agriculture to international trade opportunities and the farm safety net.
Higher in-home consumption due to increased stay-at-home period and a sharper focus on health and hygiene amid the pandemic are helping Indian home textile exporters weave their way out of the downturn faster than other textiles segments.
The Vietnam Textile and Apparel Association (VITAS) recently announced the targets to achieve USD 55 billion from apparel exports and creating three million jobs. The targets were shared at the sixth congress of VITAS, held in Hanoi.
The 10th Annual General Meeting of ITTA was held on 16 th December 2020 through video conferencing under the Chairmanship of Dr Sundararaman KS. The key note address was given by Punit Lalbhai, Executive Director, Arvind.