Tag: Ministry of Textiles
NITMA applauds direct tariff on 09 HS Codes of synthetic knitted fabrics
The move by the government is recognition of the fact that these fabrics are being smuggled into the country at under-invoiced values & by misdeclaration ... Read More
Ready for the Export Climb?
In 2024, the global textile and apparel (T&A) market was valued at approximately $875 billion, with apparel dominating the trade, accounting for around 60 per ... Read More
Hemp fibre to revolutionise agriculture and textile industries: Dr Khajuria
The domestic market for hemp-based products, including textiles, is projected to reach Rs 30 billion by 2027. Hemp fibre has the potential to revolutionise both ... Read More
Govt sets 8.19% return on capital for jute bag supplies in packaging
Under this, the mills will secure a fixed percentage of profit on their invested capital, irrespective of market fluctuations in input costs. Indian jute mills ... Read More
Indian Textiles Ministry opens agro-textile centre in Gujarat
The centre is designed to educate and empower farmers, showcasing live demonstrations of agro-textile products, their applications, and offering practical training modules aimed at integrating ... Read More
Indian textile industry weaving recovery
President Trump's stance from his previous term on reducing dependency on China is likely to strengthen India's position in the US market in the medium ... Read More
Minister outlines government’s ‘5F’ strategy to reform India’s textile industry
The Ministry has set a target of $350 billion by 2030, with the textile industry’s total market size estimated at around $165 billion. Pabitra Margherita, ... Read More