Apparel and Textile News Ministry of Textiles News

Home Textile Segment Covered Under Special Package

Minister of textiles, Smriti Irani announced that made-ups and home textile segment is under consideration of being covered under the Rs.6,000 crore ‘Special Package’ recently approved for the garment sector, which had been excluded from its ambit. An announcement for the same is likely to be made around Diwali, added the minister in her address. […]

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October 25, 2016
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Apparel and Textile News Trade Info News

‘Lack Of FTAs Costs 55 Lakh Jobs In Textile Sector’

The absence of Free Trade Agreements (FTAs) with the EU, Australia and Canada costs India almost 55 lakh jobs in the apparel & textile sector. Additional exports would have generated these jobs if FTAs had been in place. This is a major finding of study by Ernst & Young. The study was commissioned by the […]

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July 6, 2016
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Apparel and Textile News Trade Info News

Urge For Extension Of Special Package To Home Textiles

Welcoming the special package for the garment sector recently approved by the Union Cabinet, the Cotton Textiles Export Promotion Council (Texprocil) has urged the government to extend the same to home textiles sector. The announcement of special package for labour intensive apparel sector envisaging higher growth in export of apparel products and job creation over […]

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June 30, 2016
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395 Views

Apparel and Textile News Apparel Brands and Companies Global News

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
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583 Views

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Home Textile Segment Covered Under Special Package

‘Lack Of FTAs Costs 55 Lakh Jobs In Textile Sector’

Urge For Extension Of Special Package To Home Textiles

Exports To Face Adverse Impact With Devaluation In Yuan