Tag: textile sector
Financial solutions to unleash the growth of MSMEs in the textile industry
With the financial access now bridged, MSMEs in the textile sector need to focus on integrating technology into their processes which will help ensure that ... Read More
NITI Aayog probes textile sector’s tax hurdles
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 ... Read More
Weaving a digital, green growth
For December 2022, the Index of Industrial Production (IIP) in textiles manufacturing was at 110indicating a marginal improvement from 102.3 in October 2022. However, it ... Read More
Prof Ramkumar: Business alliances are critical for the textile sector
There is an urgent need to reach the consumers and hence B2C efforts should go into high gear, opines Prof Seshadri Ramkumar. Establishing robust business ... Read More
CRISIL SME tracker predicts textile industry growth in 2023
The textile sector in India will carry forward the growth it has made in Financial Year (FY) 2021-22 to FY23 and will recover from the ... Read More
The Indian Textile Journal Presents | India’s Top 50 Textile Companies
The Indian textile industry witnessed significant growth in 2021 compared to 2020, but it is still to reach the pre-Covid level highs. The Annual 2022 ... Read More
Lenzing Group opens second supply chain solutions hub in Surat
Located in Surat, The Lenzing Hub will showcase the group’s global innovations for textile supply chain solutions. Hub is designed for easy access to latest ... Read More