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Round table Discussion to take Khadi Globally

A round table discussion was organized by Indian Institute of Foreign Trade (IIFT) on taking ‘KHADI: local to global’ with support from KVIC and UDAANSKILL. The event happened on 30th Jan 2018. Contribution of the Textiles and Apparel Sector in providing employment opportunity both direct and indirectly to almost 35 and 50 million people in India, making Khadi an important segment for concentrating towards export promotion. It focused on connecting…
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Apparel and Textile News

Achievements By Textiles Ministry In 2017 To Promote Textile Sector

1. First Mega International trade event- “Textiles India 2017” The first ever mega international trade event for the textile sector was organized in Gandhinagar, Gujarat from 30 June, 2017 - 2 July, 2017 to showcase the incredible strength and range of India’s textile and handicrafts industry. The event recorded participation from more than 100 countries and generated business and business enquiries of about Rs. 3, 50,000 lakh.  A total of 65…
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Apparel and Textile News

Textiles Sector likely to touch 250 Bn US$ by 2020

Associated Chamber Of Commerce (Assocham) together with Resurgent has pointed out that India's textiles sector is likely to touch 250 billion US Dollar in the subsequent two years from the current level of 150 billion US Dollar. It is observed that textile and apparel sector is the second largest employment provider in the country after agriculture and employed nearly 51 million people directly and 68 million people indirectly in 2015-16.…
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Apparel and Textile News

Gujarat Gov planning to extend Textile Policy by next year

The Gujarat government is planning to attract fresh investment of around Rs 5000 crore in the textile sectors across the value chain to extend textile policy by a year. The extension will add 300 ginning units, to 1,400, and double the spinning capacity to four million a year, apart from setting up of units in other segments, such as technical textiles, silk, jute and wool. The state government offers interest…
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Apparel and Textile News

FM rules out GST cut for textiles sector

The centre has ruled out cutting tax rates for the textiles sector, saying a zero per cent GST on fabrics will break the input tax credit chain for the domestic industry and make imported items cheaper. Amid protests in Gujarat by textile traders who are demanding rollback of 5 per cent GST on fabrics, finance minister Arun Jaitley said it is not correct to say that textiles sector was never…
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Apparel and Textile News

FICCI survey indicates higher Textile production

A little over two-fifths of participants expect their production level  for the April-June 2017-18 quarter to be similar to that of the same period last year, while a third expect it to be higher, the latest FICCI quarterly survey on Indian manufacturing sector, based on responses from both large units and SMEs said. For the same quarter, about 35 per cent of the sample respondents reported higher number of orders…
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