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Indian Textile & Apparel Exports Dip 5.87% Between April & Jan

In the first ten months of fiscal ending March 31, 2024, textile and apparel exports from India shrank to US $27.70 billion, down 5.87 percent compared to $29.43 billion in the same period of the previous fiscal. According to Commerce Ministry statistics, of this, textile exports rose slightly by 0.15 percent year on year to […]

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February 17, 2024
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Apparel and Textile News Ministry of Textiles News

Indian Cotton will soon be labelled globally

Indian cotton does not have its own brand and hence is unable to carve a niche and earn a premium, unlike US, China or Egypt. Union Textile Minister, Smriti Irani at a special session on ‘Recent Developments in Textiles Industry: The Road Ahead’ organised by the Merchants Chamber of Commerce and Industry (MCCI) said that, […]

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June 4, 2018
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Export subsidies to be passed out by 2018

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Export subsidies to be phased out by 2018

The centre has decided to phase out direct subsidies scheme facilities for textile exporters by December 2018 as per World Trade Organisation (WTO) rules. The WTO rules do not permit least developed and developing countries to give such benefits to its exporters when a sector achieves 3.25 per cent share in global exports. In the […]

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July 31, 2017
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Incentives Sought By Silk Fabric Exporters

Silk fabric exporters are looking for incentives for the industry to remain competitive as raw silk, which is imported from China, was becoming costlier. They are planning to meet commerce ministry officials in New Delhi to discuss the withdrawal of export incentives under the Foreign Trade Policy 2015-20. Under the previous Exim policy (2009-14), exporters […]

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August 31, 2015
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Indian Textile & Apparel Exports Dip 5.87% Between April & Jan

Indian Cotton will soon be labelled globally

Export subsidies to be phased out by 2018

Incentives Sought By Silk Fabric Exporters