Tag: EU
India’s textile industry aims for $100 billion export target by 2030
The past decade saw stagnation due to challenges such as the expiration of the EU trade treaty, disruptions caused by the COVID-19 pandemic, and high ... Read More
Technical textile is one of the emerging field and there is lot of scope for growth
Trident Group is a $ 1 billion Indian business conglomerate and global player. Headquartered in Ludhiana, Punjab, Trident is the largest terry towel and wheat ... Read More
Despite global challenges Indian textile exports surge by 9.59% in May
Indian textile exports grew by 6.04 per cent compared to the previous year, while apparel exports grew by 4.46 per cent during the same period. ... Read More
T&A sector witness 10%+ trade decline in 2023: UNCTAD
Despite India's initiatives to reduce dependence on China through schemes like the production-linked incentive scheme and quality control orders, the reliance on China saw a ... Read More
India’s Textile Ministry aims to create a global hub for circular textiles
With the European Union planning to exclusively procure durable and recyclable textiles by 2030, India is set to employ consultants to map the value chain ... Read More
Demand will drive the cotton and textiles sector
Given the high inflationary situation we are facing now, stressful situations in EU and the United Kingdom due to high energy price, ongoing war between ... Read More
RBI Suggests FTAs to Push India’s Apparel Exports
India needs to actively pursue free-trade agreements (FTAs) with major export destinations like the EU and the US to push apparel shipments to face competition ... Read More