Tag: Production Linked Incentive
Textile Industry to Reach $350 bn by 2030 with Rs 900 Bn Investment, Government
Seven PM MITRA parks have been approved across the nation, with each park expected to draw an investment of Rs 100 billion. India’s textiles sector ... Read More
Indian Technical Textile Association concludes 14th AGM
Collaboration with an industry body like ITTA will go a long way to implement the state policies. The Indian Technical Textile Association (ITTA) successfully concluded ... Read More
Budget blues
Budget 2024-25, presented by Union Finance Minister Nirmala Sitharaman on July 23, 2024, places special focus on employment by allocating Rs 1.48 billion for education ... 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
In need of urgent reforms
The new Union Textiles Minister Giriraj Singh has his task cut out. India’s textiles and apparel (T&A) exports decreased in 2023 compared to the levels ... Read More
India’s Textile Exports Up 5.4% in First Two Months of FY 2025
The sector reported exports valued at $ 5.86 billion in April-May 2024, which was a 5.4 percent increase from the $ 5.56 billion recorded in ... Read More
Mapping Maharashtra to become a textile hub
Maharashtra has been an integral part of India's textile sector, contributing to 60% of cotton mills in the 1870s. India, boasting one of the largest ... Read More