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Tag: Narendra Modi

India and EU Prioritize FTA Negotiations, Aiming for Early Agreement: MEA
Apparel and Textile News Events and Exhibitions News Global News Trade Info News

India and EU Prioritize FTA Negotiations, Aiming for Early Agreement: MEA

India and the European Union (EU) are prioritizing the negotiation of a Free Trade Agreement (FTA) as both sides push for an “early and ambitious” deal, according to the Ministry of External Affairs (MEA). This development comes after a bilateral meeting between Prime Minister Narendra Modi and Spanish Prime Minister Pedro Sanchez at the Laxmi […]

Indian-Textiles-Sector-Projects-USD-350-Billion-Growth-by-2030-Driven-by-11-percent-YoY-Rise-in-RMG-Exports
Apparel and Textile News Global News Manufacture Ministry of Textiles News

India’s Textiles Sector Projects USD 350 Billion Growth by 2030, Driven by 11% YoY Rise in RMG Exports

India’s textiles sector is set for significant expansion, with an 11% year-on-year growth in Ready-Made Garments (RMG) of all Textiles exports, as per India’s trade data of August 2024, signaling a bright future. The Textiles sector in the country is expected to grow to USD 350 billion by 2030, driven by India’s inherent strengths and […]

PM Modi Lays Foundation for 1000-Acre PM MITRA Park in Maharashtra, Aims to Boost India's Textile Industry
Apparel and Textile News Events and Exhibitions News Global News Ministry of Textiles News Trade Info News

PM Modi Lays Foundation for 1000-Acre PM MITRA Park in Maharashtra, Aims to Boost India’s Textile Industry

Prime Minister Narendra Modi laid the foundation stone for the PM Mega Integrated Textile Regions and Apparel (PM MITRA) Park in Amravati, Maharashtra, on Friday. The park, which spans 1000 acres, is being developed by the Maharashtra Industrial Development Corporation (MIDC) as the State Implementation Agency. The central government has approved the creation of seven […]

PM-Narendra-Modi-inaugurate-the-Bharat-Tex-2024
Apparel and Textile News Events and Exhibitions News Global News Ministry of Textiles News National News

Prime Minister Shri Narendra Modi Inaugurates Bharat Tex 2024: A New Era for Indian Textiles

In a significant move to bolster the Indian textile sector, Prime Minister Shri Narendra Modi inaugurated Bharat Tex 2024, a landmark global textile event, at Bharat Mandapam in New Delhi. The event, one of the largest of its kind, marks a pivotal moment in the Indian textile industry, connecting the rich tapestry of Indian tradition […]

New Rule 43B(H)
National News Apparel and Textile News Ministry of Textiles News

Impact of New Rule 43B(H) on MSME Textile & Apparel Traders & Manufacturers

In a recent development concerning India’s textile and apparel industry, the South India Garment Association (SIGA) has penned a letter to Prime Minister Narendra Modi, expressing concerns over the impact of Rule 43B(H) on micro, small, and medium enterprises (MSMEs). India’s textile and garment industry is a key contributor to employment, providing livelihoods to over […]

Scheme Approved by Cabinet to Support Textile Sector
Apparel and Textile News Ministry of Textiles News

Scheme Approved by Cabinet to Support Textile Sector

To support the apparel and textile sector, Prime Minister Narendra Modi chaired the Union Cabinet has approved the Scheme to Rebate State and Central Embedded Taxes. This will enable the Government to take various measures for making exports of apparel and made-ups zero-rated. At present, apparel and made-ups segments are supported under the Scheme for […]

PM's MSME Package addresses the Working Capital problems: CMAI
Apparel and Textile News Trade Info News

PM’s MSME Package addresses the Working Capital Problems: CMAI

The Garment Industry has welcomed the Package announced by the Prime Minister recently for the MSME Sector as Growth Oriented and Visionary. Rahul Mehta, President, The Clothing Manufacturers’ Association of India (CMAI), the National Apex Chamber of the Garment Industry of the Country, thanked the Prime Minister Narendra Modi and the Textile Minister Smt. Smriti […]

Trade Facilitation Centre for Handicrafts launched by Modi
Apparel and Textile News Ministry of Textiles News

Trade Facilitation Centre for Handicrafts launched by Modi

A trade facilitation centre Deendayal Hastkala Sankul for handicrafts has been inaugurated by the prime minister Narendra Modi, in Varanasi (Uttar Pradesh) on September 22. He described the centre as one of the biggest project for Varanasi. Union Textiles Minister Smriti Zubin Irani was also present at the inauguration ceremony of the Rs. 300 crore-Deendayal […]

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