Tag: foreign direct investment
Giriraj Singh urges investors to capitalise on Indian textile opportunities
Addressing global home textile exporters, importers, and manufacturers, the Minister emphasised India’s increasing competitiveness and the need for collaboration to foster sustainable growth. Giriraj Singh, ... Read More
Textiles Minister opens India pavilion at Heimtextil 2025 in Frankfurt
On the sidelines of Heimtextil, the Minister met with the Machinery and Equipment Manufacturers Association and IVGT from Germany. India demonstrated its growing strength in ... Read More
India’s textile industry to hit $350 bn by 2030, adding 30.5 mn jobs
During the Curtain Raiser event for ‘Bharat Tex 2025,’ Singh noted that India’s demographic dividend would support its growth. India’s textile industry is projected to ... Read More
Swift implementation of PM MITRA to boost textile sector investments, FDI
The parks are currently under development in Tamil Nadu, Telangana, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh, and Maharashtra. Industry experts have stated that the expeditious ... Read More
Textile Ministry’s budget allocation may experience slight increase
The ministry encountered a 71% reduction in its revised budget estimate, reducing the outlay to Rs 3,579 crore in 2022-23. The textile ministry is expected ... Read More
Glimmer of hopes for Indian textiles segment: Outlook for 2024
How 2023 will wrap up or what 2024 will bring, no one can bet on it, says Dr Siddhartha Rajagopal. Some of the recent policy ... Read More
Govt to hike import duty on 300 textile products
According to government sources, the Finance Ministry may soon issue a notification in this regard. If the government decides to notify the duty hikes this ... Read More