Tag: textiles ministry
Textile exports rose by 7% in April-October FY25
The Ministry also noted that exports of all major commodities had grown during the period, compared to the same time in FY 2023-24. India's textiles ... Read More
Government may extend minimum import price for textile products
The textiles ministry is currently evaluating six key products, including viscose rayon yarn and woven polyester fabric, with China identified as a significant source of ... Read More
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
Down, but not out?
In 2023-24, for the second consecutive year, India's textile exports recorded a fall. Exports in FY24 stood at $34.4 billion, a drop of 3 per ... Read More
Easing QCO norms to boost exports
On March 8, 2024, the Directorate General of Foreign Trade (DGFT) issued exemptions on the import of select goods, including viscose staple fibre and various ... Read More
Centre eases textile quality control
Manufacturers are required to obtain prior approvals from the Bureau of Indian Standards (BIS) certifying compliance for the sale of regulated items within the country. ... Read More
Prosperity via circularity
On June 1, 2023, the EU Strategy for Sustainable and Circular Textiles was adopted, as per which by 2030 all textile products placed on the ... Read More