Tag: RoSCTL
Interim budget 2024, although pragmatic, disappointing for the textile sector
The budget does not offer any major supportive measure to the industry, opines Gurudas Aras. Finance Minister Nirmala Sitharaman on February 1 presented her sixth ... Read More
Cabinet approves extension of RoSCTL scheme for apparel exports
The continuation of the scheme for a proposed duration of 2 years would establish a stable policy regime crucial for long-term trade planning. Prime Minister ... Read More
Glimmer of hopes for Indian textiles segment: Outlook for 2024
How 2023 will wrap up or what 2024 will bring, no one can bet on it, says Dr Siddhartha Rajagopal. Some of the recent policy ... Read More
RoSTCL Eroding Export Competitiveness of Apparel & Garment Industry
Even as India’s textile sector clocks record exports, credit scrips of exporters trade at a 20% discount in the Indian market. India is one of ... Read More
Most textile segments have reverted to pre-Covid levels
In 2021, most segments across the textile value chain reverted to pre-Covid levels. Home textile exports and cotton spinning outperformed other segments such as apparels. ... Read More
Heralding positive changes
Easy availability of raw material, world-class textile machinery and other support services have made cotton the growth engine of the Indian textiles and clothing (T&C) ... Read More
Can we weave a global story?
After Piyush Goyal took over the reins of the Union Textile Ministry, the Government of India on July 14, 2021, gave its assent for the ... Read More