Tag: Indian textile industry
India imposes duty on cotton imports
On February 1, Nirmala Sitharaman, Union Finance Minister of India introduced the Indian budget for the financial year 2021-22. Read More
10% import duty on cotton – a severe blow: SIMA
10 per cent import duty on cotton is a severe blow for cotton textile value chain. SIMA appeals PM for withdrawal. Read More
Digitisation is the key to growth in post-COVID era
Addressing FICCI TAG 2021, 12th annual conference on the theme 'Repositioning Indian Textiles and Strategising for Growth in the Post-COVID World', Ajay Arora of D’décor ... Read More
Textile sector to recover to pre-COVID levels by FY2022
ICRA, a leading rating agency, said that the textile industry’s performance will go back to pre-COVID levels in the next fiscal year owing to increase ... Read More
A.T.E. is one-stop solution for carpet manufacturing
A.T.E. ties up with global leaders like Truetzschler Man-Made Fibers, CMC USA, and Zimmer, Austria, to offer all equipment needed for carpet manufacturing. Read More
India’s textile & apparel industry
The global apparel demand is expected to boost at a steady CAGR of 5 per cent to grow from the current $1.9 trillion to reach ... Read More
PLI scheme a shot in the arm for MMF & tech textiles
On November 11, 2020, the Union Cabinet gave its approval to extend the PLI scheme to textile products along with nine other new sectors entailing ... Read More
