Tag: Finance Minister Nirmala Sitharaman
First NABL-Accredited Textile Testing Facility in Northeast at NEHHDC
Before this facility was established, weavers and producers had to send their products to Kolkata for testing, as there was no local facility available. Under ... Read More
Navigating Textile Industry Shifts
A transformative decade for global textile industry is looking upon us. It provides an opportunity to evaluate the strategies India needs to adopt in its ... Read More
Sitharaman may tackle duty structure issue to boost local manufacturing
The commerce ministry has provided a list to the finance ministry where the finished products face lower import duties compared to the materials used to ... Read More
Problem of a Plenty
In April 2024, exports of textiles and apparel (T&A) from India witnessed a rise of 0.89 per cent to $ 2.776 billion compared with April ... Read More
Interim budget 2024, although pragmatic, disappointing for the textile sector
The budget does not offer any major supportive measure to the industry, opines Gurudas Aras. Finance Minister Nirmala Sitharaman on February 1 presented her sixth ... Read More
Weaving a digital, green growth
For December 2022, the Index of Industrial Production (IIP) in textiles manufacturing was at 110indicating a marginal improvement from 102.3 in October 2022. However, it ... Read More
Will Ukraine-Russia conflict be a spoiler?
India’s exports of textiles and garments recover quickly this fiscal from the lows of the pandemic-hit FY21 as shipments continue to be strong due to ... Read More