Tag: Confederation of Indian Textile Industry
CITI appoints Rakesh Mehra as new Chairman
Ashwin Chandran will be serving as the deputy chairman. Confederation of Indian Textile Industry (CITI) has named Rakesh Mehra as chairman and Ashwin Chandran as ... Read More
India poised to dominate global textile and apparel manufacturing
Emphasis should be put upon on increasing the production capacity of all types of raw materials including Cotton and MMF, suggests T Rajkumar. Indian Textile ... Read More
India targets 7-9% growth as global textile hub
The eagerly anticipated conclusion of the Free Trade Agreement (FTA) with the UK is anticipated to provide a significant boost to the textile industry. The ... Read More
July ’23 sees continued drop in textile and apparel shipments
The numbers were $ 1,381 million in July 2022 and $ 1,141 million in the last month. The exports of textiles and apparel had experienced ... Read More
Q1 textile, apparel exports decline 15% due to weak demand
The decline in textile exports was attributed to the combination of weak demand and high prices of cotton. It was reported that the recession in ... Read More
Industry urges centre to remove 11% import duty on cotton
The consequence of this situation is an 18 per cent decline in total exports of textiles and clothing, a 50 per cent decline in yarn ... Read More
The Export Push
The recently unveiled Foreign Trade Policy (FTP) 2023 aims to increase India’s exports to $ 2 trillion by 2030. So, will FTP and PM Mitra ... Read More