Tag: free trade agreement
Tiruppur’s textile industry booms with US & UK Orders amid Bangladesh instability
In FY24, Tiruppur generated a revenue of Rs 350 billion, which is expected to rise to Rs 400 billion in FY25. Tirupur, India’s textile hub, ... Read More
Celebrating 135 years & going strong…
Domestic demand for ready-made garments (RMG) is projected to stay moderate due to reduced discretionary spending and surplus inventory from the previous fiscal year. However, ... 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
Indian apparel exporters seek UK FTA amid textile export slump
The favourable outcomes of the recently concluded FTAs with Mauritius and Australia set a promising precedent for negotiations with the UK. Indian garment exporters are ... Read More
The PLI scheme is a step in the right direction
From setting up the first textile mill in Ahemdabad to becoming the third-largest textile mill in the country, Mafatlal Industries has built a foundation on ... Read More
Prosperity via circularity
On June 1, 2023, the EU Strategy for Sustainable and Circular Textiles was adopted, as per which by 2030 all textile products placed on the ... 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