The next decade will witness significant advancements in sustainable textile dyes and chemicals, driven by technological innovations, changing consumer preferences, and tightening regulations. Divya Shetty explores…
Browsing: CARE Ratings
The organisation continues to prioritise stakeholder interests and leverages its strengths to navigate challenges effectively. Trident Group, a vertically integrated textile and Paper manufacturer was conferred…
PM Mega Integrated Textile Region and Apparel (PM MITRA) scheme is expected to bring fresh capital investment of $ 5.5-6.0 billion and in turn create export opportunities of around $ 4.5-5.0 billion per annum for textile products once the scheme is fully implemented, says a CARE Ratings report.
Cotton prices have remained volatile for quite some time. The textile industry has raised the issue of rising domestic cotton prices with the government. If raw material prices continue to remain elevated for an elongated period, it can negatively impact margins for yarn manufacturers, says Pulkit Agarwal, Associate Director, CARE Ratings. In this interview, he analyses the fibre and yarn market against background of rising input costs and recent policy announcements (like of the Government of India.
According to CARE Ratings, cotton-based textile products emerge as a clear winner with additional incentives of Rs 750-850 crore in the new rates of rebate under RoDTEP.
According to the rating agency, cotton-based textile products emerge as a clear winner with additional incentives of Rs 750-850 crore in the new rates of rebate under RoDTEP.
In this interview, Pulkit Agarwal, Associate Director, CARE Ratings, analyses the performance of Indian home textiles industry and the effect of the second Covid wave on the industry.