Tag: Indian textile industry
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
Growth opportunity for Indian textile industry
Except spinning, majority of the textile and apparel machinery demand of India is being fulfilled through imports, especially for investments in latest technology machines by ... Read More