The Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman presented the Union Budget 2021-22 in parliament today, which is the first budget of this new decade and also a digital one in the backdrop of unprecedented COVID-19 crisis.
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Improving consumer confidence levels, pick up in discretionary spending and opening up of economies are assisting Indian textile companies to tide over the COVID 19 pandemic with continued rise in demand.
International cotton prices and demand for cotton yarn to be stable reports Care Ratings.
Garware Polyester has become a carbon negative company in its high-tech integrated polyester film plants at Waluj and Chikalthana in Aurangabad.
A formal Memorandum of Understanding (MoU) signing ceremony was held between Textiles Committee, Ministry of Textiles, Government of India and M/s Nissenken Quality Evaluation Centre Japan, through video conferencing on 27th January 2021.
Smriti Zubin Irani, Union Minister of Textiles & Women and Child Development, government of India inaugurated the 41st India Carpet Expo, which will be held from 27 to 31, January, 2021 virtually. She requested all the international buyers, media professionals to visit and explore the carpet collection of India.
Textiles Committee and Ministry of Textiles signs MoU with Nissenken Quality Evaluation Centre, Japan to boost export of Textile and Apparel to Japanese market.