Tag: indian textile news
Indian Textile Industry Facing Crisis
India's $200 billion textile and apparel industry is facing a crisis as consumers in the US, Europe and other big markets have cut spending on clothing following a surge in inflation after the war in Ukraine, industry officials said.
Indian Govt Planning to replicate 75 more Textile place like Tirupur in India . Is that Possible?
Located nearly 500 kilometers to the southwest of Chennai, Tiruppur is India’s largest knitwear hub. The cluster pretty much came up on its own in what was once an agricultural town. The farmers there started with small textile units during the 1970s.
Indian textile exports hit all-time high of $44 billion last fiscal
India recorded its highest ever textiles and apparel exports tally at $44.4 billion in the 2021-22 financial year. This was a 41 percent increase over the the 2020-21 fiscal, and a 25 percent rise over the year before that, the government said in a press...
Indian Spinning mills unable to raise Cotton Yarn Rates, Because of Cotton Price Increase
Spinning mills in the country are facing a tough time as they are unable to raise cotton yarn rates despite cotton prices soaring in domestic and global markets.
What Would It Take To Put India's Textile Industries On The Path Of Aatmanirbhatra
Smriti Z. Irani, Minister For Textiles, Speaks On India's Textile Industries Going Aatmanirbhar and shared the ideas and next plans for improvements in the ministry of textile
Textile Ministry of India has taken further steps to streamline procedures under A-TUFS
The Textile Ministry has taken further steps to streamline procedures under the Amended Technology Upgradation Fund Scheme (A-TUFS), including a deadline extension for filing applications for verification, to make it easier for the industry to benefit fro...