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Apparel and Textile News Ministry of Textiles News

Trend Forecasting for Textiles sector to be Implemented Soon

The Indian government is planning to initiate ‘trend forecasting’ for the textiles sector from this month to influence global trends. They will be using commercial intelligence to conclude what could in near future vogue, as India is moving fast forward to become an influencer, official sources said. Raghvendra Singh, Textiles Secretary said the ministry together […]

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February 16, 2019
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406 Views

Apparel and Textile News Trade Info News

Indian Economy GDP Expects to Grow by 7.2 %

After effects of Demonetisation and goods and services tax (GST), the Indian economy is screened to grow at its fastest pace in three years in the current fiscal 2018-19. The government said that India will retain its position as the world’s fastest growing economy. Gross domestic product (GDP) is expected to grow by 7.2 per […]

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January 16, 2019
6 Comments
325 Views

Apparel and Textile News Trade Info News

Government initiated Steps to Standardized Indian Handicrafts

The Indian Government has registered approximately Rs. 22.85 lakhs artisans under their initiative – Pahchan. In order to standardize and organised the Indian Handicrafts, 35 crafts have been identified as endangered crafts and 92 crafts have been registered under the Geographical Indication Act. Handicraft is an unorganized and diversified sector with an estimated 70 lakh […]

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January 4, 2019
4 Comments
742 Views

Apparel and Textile News Ministry of Textiles News

Indian Apparel and Textile Industry Sees New Growth from 2018

Indian apparel and textile industry are one of the oldest industries in the state’s economy. The Indian government has taken initiatives to boost the country’s textiles and apparel industry. Many new policies and schemes are launched to help the garment sector. The overall performance of the manufacturing sector is an interplay of several factors like […]

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December 30, 2018
5 Comments
392 Views

Apparel and Textile News Trade Info News

Standard Operating Procedure by Govt to enter into FTA

Ministry of Commerce and Industry, Suresh Prabhu have an optimistic intimation on the positive development on the long pending issue of Free Trade Agreement (FTA). He mentioned that the Government is working hard on this front. He ensures to host a meeting of about 40 WTO members in February 2018 to take the multi-lateral processes […]

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December 22, 2017
1 Comment
403 Views

Apparel and Textile News Trade Info News

Indian Govt releases mid-term Review of FTP to help exporters

To boost exports in the country, the mid-tern review of the Foreign Trade Policy (FTP) 2015-20 released by the Indian government has announced a slew of new measures that will boost to trade facilitation and has given thrust on ease of doing business. “The mid-term review of FTP will leverage the long term advantages of […]

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December 9, 2017
3 Comments
335 Views

Apparel and Textile News Trade Info News

Post-GST rates of ROSL to boost Apparel & Textiles sector

Indian Government has notified post-GST rates under Remission of State Levies (RoSL) scheme to support exports of readymade garments, made-ups and under AA-RoSL for garments, Government vide Notification No. 14/26/2010- IT dated 24th November 2017. The Post-GST rates of RoSL are upto a maximum of 1.70 per cent for cotton garments, 1.25 per cent for […]

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November 27, 2017
4 Comments
357 Views

Apparel and Textile News Trade Info News

Cotton Rich Afghanistan to revive Textile industry

Around 59,000 tons of cotton is grown in Afghanistan but there are no factories to process the fibre further. In this context the government there has sought plans from the industrialists to revive the textile industry in the country. Afghanistan had atleast seven textile manufacturing plants that employed 30,000 people. Afghanistan finance ministry spokesman Ajmal […]

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July 20, 2017
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519 Views

Apparel and Textile News Ministry of Textiles News

Target in Textile Sector unlikely to be met

Investments in the total textile projects approved by financial institutions and in various phases of enforcement by March 2017 amount to Rs 16,371 crore, with the potential to generate 2.50 lakh jobs. The original plan had been for five years, between 2012 and 2017. “Inaction on part of the government in the initial years and […]

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March 31, 2017
6 Comments
347 Views

Apparel and Textile News Trade Info News

Govt Allocates Rs. 340 Cr for Khadi to set up Khadi Plaza

Government has modified Market Development Assistance scheme in the Budget and allocated Rs 340 crore towards setting up of Khadi plazas with an aim of 20 per cent increase in production and sales of Khadi products over the next three years. Out of the Rs 340 crore, Rs 15 crore has been earmarked for setting […]

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February 14, 2017
25 Comments
397 Views

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Exports To Face Adverse Impact With Devaluation In Yuan

Due to recessionary conditions in global markets, Indian Textile Exporters are already facing slow progress and further to have an adverse impact with the sudden move on the part of China to devalue its currency yuan, an industry body has said. China’s central bank on Tuesday devalued its tightly controlled currency by close to 2% […]

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August 14, 2015
0 Comments
510 Views

Handloom Exports Data Reveals Top Global Markets

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Handloom Exports Data Reveals Top Global Markets

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Tag: Indian government

Trend Forecasting for Textiles sector to be Implemented Soon

Indian Economy GDP Expects to Grow by 7.2 %

Government initiated Steps to Standardized Indian Handicrafts

Indian Apparel and Textile Industry Sees New Growth from 2018

Standard Operating Procedure by Govt to enter into FTA

Indian Govt releases mid-term Review of FTP to help exporters

Post-GST rates of ROSL to boost Apparel & Textiles sector

Cotton Rich Afghanistan to revive Textile industry

Target in Textile Sector unlikely to be met

Govt Allocates Rs. 340 Cr for Khadi to set up Khadi Plaza

Exports To Face Adverse Impact With Devaluation In Yuan