Tag: mmf
PLI scheme for textiles now implemented across India: Textile Ministry
In addition to the PLI scheme, the Ministry of Textiles has introduced several initiatives to support and promote traditional handloom textiles nationwide, including in Odisha. ... Read More
CITI urges reduction in textile import duties
PSF was priced at Rs 76.82 per kg internationally in October 2024, while the domestic price stood at Rs 97.3 per kg, marking a 26.64 ... 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
Neighbours with benefits!
With improving economic fundamentals and a favourable geopolitical situation, India’s textile and apparel (T&A) exports have shown strong growth over the past two months. According ... Read More
Textiles PLI Scheme May Expand Product List
The textile PLI scheme might see a reduction in the investment threshold and include more man-made fabric (MMF) products, with considerations also being made to ... Read More
Synthetic textile makers seek QCO relief amid supply chain woes
Imposition of QCOs on polyester and viscose has led to a decline in production capacity and financial losses. Downstream synthetic textile manufacturers have urged the ... Read More
PLI Textiles Review Suggests Lowering Investment and Turnover Criteria
Despite industry demands to include cotton garments and lower the criteria for minimum investment and turnover, no changes were made during the second application round. ... Read More