Browsing: Niti Aayog

During the recent stakeholder consultation, the industry raised several issues, including the import duty on cotton and textile machinery and the inverted duty structure in the…

Despite being the second-largest textile manufacturer in the world, India faces many challenges and competition, which can be resolved with central government incentives, structural reforms and lower import duty.

India is working to be a global hub in the man-made fibre (MMF) and technical textiles segments, including setting up five integrated textiles parks, a testing lab and starting a Focused Product Scheme, according to textiles secretary Ravi Capoor.