The power loom sector contributes nearly 58.4 % to total cloth production in the country. More than 60% of fabric meant for export is also sourced…
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The Noida Apparel Export Cluster (NAEC) has sought immediate intervention of the government in containing high cost of cotton yarn and fabrics, saying rising prices are…
Indian textile exports can hit $65 billion if industry majors take the right steps and there is proper execution of government schemes. Indian textile exports can…
Tirupur Exporters’ Association (TEA) accused middle-men and traders of creating a havoc by jacking up the price of cotton during the cotton arrival season. Coimbatore Tirupur…
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 from…
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 p.a. for textile products once the scheme is fully implemented, according to a CARE Ratings report.
South India’s textile and cloth exporters are fearful that the financial disaster in Sri Lanka could result in a delay in funds from consumers within the island nation.