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Latest Articles in textiles

PLI Scheme For Textiles: Govt Approves 61 Proposals Of Over Rs 19,000 Cr

The proposed investment expected from the approved applicants is Rs 19,077 crore and the projected turnover is Rs 184,917 crore

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GHCL Completes Divestment Of Home Textiles Business For Rs 608 Cr

Besides, Grace Home Fashions LLC (GHF), a US subsidiary of GHCL, has completed the sale of specified assets (inventory and intellectual property) to Indo Count Global Inc in accordance with the terms of Assets Transfer Agreement (ATA), said GHCL in a regulatory filing

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Textile Min Receives Applications For PLI In Man-made Fibres, Techtex

The textile ministry has received applications from as many as 67 companies to avail benefits of the production linked incentive (PLI) scheme for man-made fibres and technical textile sectors

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Tradition And Contemporaneity

SUTA focuses on creating a range of attire with a blend of tradition and contemporaneity and aspires to popularise India’s craft traditions

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Textile Industry Revs Up, Giving Hope On Jobs For PM Modi

The company is scouting for land to add new factories around its main production base in Hindupur, about 100 km (60 miles) north of tech hub Bengaluru.

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GoM Meet On GST Rate Rationalisation, Scheduled For Tomorrow, Deferred

With regard to inverted duty structure, the GST Council has already corrected the rate anomaly in the case of mobile handsets, footwear and textiles.

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Ministry of Textiles takes a step to provide Indian customers with well fitting clothes

MoT along with NIFT, Delhi launched the India Size initiative to make a size chart according to the Indian body types

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Tax Reduction, Pandemic-Driven Cost Cuts Buoys India Inc Net By 105% In FY21: Report

The tax cut has contributed 19 per cent to the topline of these companies during the pandemic with cement, tyre and consumer durables gaining in excess of 50 per cent

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India Inc's Credit Quality Improves Sharply In H2FY21, Likely To Sustain

The agency specifically pointed out emergency credit line guarantee scheme and one-time restructuring as some of the effective policy measures which have helped minimise the impact on the economy.

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US companies reducing exposure to Chinese textile firms amid concerns over forced labour: Report

US companies reducing exposure to Chinese textile firms amid concerns over forced labour: Report

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Aatmanirbhar Bharat: Making Weavers Empowered To Keep Weaving Tradition Alive

Resilience can be built by focusing on expanding the skills of the artisans and working on developing other less intricate products that are in need at that particular period of time.

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How trends in textiles industry changed this Diwali

The overall trend associated with textiles industry is that we might not be out of the woods yet but the demand revival is underway.

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Covid-19 And Textile Industry

Working on finishes below during development and production will surely help to build up trust with the consumer.

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Covid 19 Impact On Textile Exports

To support the sector, the government should extend tax compliances, interest rate reductions and announce special packages to mitigate the crisis faced by the capital- and labour-intensive industry.

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CCEA Approves Creation Of National Technical Textiles Mission

The Indian technical textiles segment is estimated at 16 billion dollars which is six per cent of 250 billion dollar global technical textiles market.

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