Tag: mmf
Fantail raises Rs 130.75 mn seed funding for textile manufacturing startup
Founded in 2023 by entrepreneur Ramya Iyer, Fantail aims to become the first man-made fibre (MMF) brand from Surat. Fantail, a Surat-based B2B man-made textile ... Read More
MMF: Profit Spinner
With the global textile industry increasingly embracing man-made fibres, Divya Shetty examines how India can step up its game by overcoming the hurdles. Global production ... Read More
Gujarat becomes India’s second-top textile exporter in 5 years
The state has maintained a stronghold in cotton yarn and fabric production, but it is now looking to scale up its role in the global ... Read More
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
