India-Canada CEPA Talks Advance
India-Canada CEPA Talks Advance with Terms of Reference
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BSL Announces Global Outreach Summit 2.0 Initiative
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Textile Exports Under Pressure Amid West Asia Conflict, Industry Flags Rising Freight Costs
Three-Day PM Vishwakarma Expo Held
Three-Day PM Vishwakarma Expo Held By MSME-DFO Okhla Opens In Delhi
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PM MITRA Parks Gain Momentum Across India’s Textile Sector
South Indian Cotton Yarn Prices Remain Stable
South Indian Cotton Yarn Prices Remain Stable Amid Weak Buying Interest
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BSL Announces Global Outreach Summit 2.0 Initiative

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Tag: Textile Exports

Govt. Announces Special Package to increase Textile Exports
Apparel and Textile News Trade Info News

Govt. Announces Special Package for Textile Exports

To increase exports of the textile industry, Government announced a Special Package for garments and made-ups sectors. As per World Trade Organization’s (WTO) systems, the Least Developed Countries (LDCs) enjoy Generalized System of Preferences (GSP) because of which they enjoy duty advantage. In view of this India faces duty disadvantage up to 9.6 per cent […]

New Textile Policies announced to reincarnate its revenue
Apparel and Textile News Ministry of Textiles News

New Textile Policies announced to reincarnate its revenue

The readymade garment sector is the largest contributor to the country’s overall textile exports and employs about 12 million persons now. The Union Textile Commissioner Kavita Gupta revealed that the relief package announced in 2016 boost the garment and made-ups sectors to create around 2.5 lakh new jobs in the country. The provision of 240 […]

New Textile Policy in 3 months
Apparel and Textile News Trade Info News

New Textile Policy in 3 months

A new textile policy is likely to be finalized in the next three months. The draft for which will be ready once consultations are done with the stakeholders. The new policy is expected to create 35 million additional jobs in the country and achieve 300 billion US Dollar in textile exports by 2024-25. Response and […]

Textiles Ministry of India Plans to Promote New Textile Markets
Apparel and Textile News Ministry of Textiles News

Textiles Ministry of India Plans to Promote New Textile Markets

Declining textile exports have prompted India to look outside traditional markets and tap the ones being served by competitors such as China. The textiles ministry of India is planning to do roadshows to promote textile exports in the new markets. They used to hold roadshows in the past and wanted to approach new markets through […]

Decline In Textile Exports A Major Concern
Apparel and Textile News Trade Info News

Decline In Textile Exports A Major Concern

The decline in exports of textiles, leather and engineering goods is major concern as these are high-employment intensive sectors of exports, S C Ralhan, president, Federation of Indian Export Organisations (FIEO), said while reacting to the trade data of July 2016. In July 2016, India’s exports were valued at 21.689 billion US dollar (Rs 145770.39 […]

Chinese Move Affect Textile Exports
Apparel and Textile News

Chinese Move Affect Textile Exports

The Indian textile industry is already coping up with lower demands in the global markets. But the move by Chinese government allowing its official currency, Yuan, to decline by about 4 per cent against the US dollar is expected to adverse impact on textile exports from India. The impact of this move by China on […]

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