Tag: textiles ministry
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
Textiles Ministry clears 20 research projects Rs 74 cr in technical textiles
Among these 20 Research projects, 5 Projects of Speciality Fibres, 6 Projects of Agro-textiles, 2Projects from Smart Textiles, 2 from protective gear and apparel, 2 from geotextiles, 1 from activewear apparels, 1 from strategic application area, 1 from sports textiles ... Read More
FTAs must to speed up exports
Ban on import of cotton products from China’s Xinjiang region on account of human rights violation resulted in escalating cotton prices in 2021. In addition, ... Read More