Tag: textile exports
India aims for $ 600 bn textile exports by 2047, eyes $ 1.8 tn domestic market
The textiles ministry is in the process of formulating its Vision 2047, which is structured around five key thematic pillars. India aims to achieve a ... Read More
Textile exports dip by 4.2% in FY24’s 11-month period
This decline is attributed to adverse economic conditions in major destinations like the European Union (EU), the US, and West Asian nations. India's textile exports ... Read More
2024: A year of re-strategising!
The festive season in Western markets failed to stop the downtrend in textile exports in November 2023. Readymade garments (RMG) experienced a 15 per cent ... Read More
$350 billion: A tall order for Indian textile makers
As per the FICCI-Wazir Advisors report, released recently, the Indian textiles and apparel (T&A) industry may touch $ 350 billion mark by 2030 on the ... Read More
Export order decline hits apparel and textile production
Textile exports increased by 11.06 per cent in September 2023 compared to the previous year, while apparel exports saw a decline of 11.23 per cent ... 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
In search for demand resurgence
Several mills in India are facing acute cash loss due to lack of demand, forcing them to suspend production. Exports of textile and apparels (T&As) ... Read More
