A joint memorandum has been submitted to the Union Commerce Minister, Nirmala Sitharaman by various Indian textile associations, seeking additional two years time to fulfill export obligation under the export promotion capital goods (EPCG) ...
Tags: textile associations, Textile
The textile industry of the Southern Indian state of Tamil Nadu aspires to climb up the textile value chain and realise its true potential for which it is depending upon the central government, said an official of a trade body. D Prabhu, ...
Foreign direct investment (FDI) inflows into India have surged by around 25 per cent from a year ago, in the April-October period of the current fiscal year. In the seven months to October 2014, FDI rose some 25 per cent from $13.82 ...
Tags: pharmaceuticals, oil, gas, petrochemicals, Textile
The new government, under Prime Minister, Narendra Modi has laid emphasis on an economic vision based on increasing production, export and generating employment. Particular attention will be given to generate productive employment ...
The ‘Make in India’ programme launched by the Government has received very positive response, Minister of State (Independent Charge) of Commerce and Industry Nirmala Sitharaman said in a written reply in Rajya Sabha, the upper ...
Tags: investment destination, Textile
The Government of Gujarat has extended full support for growth of textile machinery show ITMACH India, currently ongoing in Gandhinagar. Speaking at the concurrently held international textile conference ‘India – ...
Tags: textile machinery, Textile
Home furnishings company Ikea, the first major single brand retailer to get FDI approval from the Indian Government, has announced a new ‘Make More in India’ initiative. The new initiative is aimed at inviting potential ...
Welspun India Limited (WIL), part of the US$ 3 billion Welspun Group, has unveiled its new spinning facility at Anjar in Gujarat, which is India’s largest spinning facility under one roof. The new, world-class facility was ...
Tags: Spinning Facility, yarn, Textile
EBay India, a leading online marketplace and shopping destination in India, has joined hands with NIIT, an India-based global talent development corporation, to launch an ecommerce certification program, ePro, in an attempt to increase ...
The exports of garments and clothing accessories from India increased by 17.6 percent in the first six months of the ongoing fiscal year 2014-15 to touch US$ 8.3 billion, over the same period of the previous fiscal year, according to the ...
“If it is a success, the online retail sector will be directly or indirectly benefitted by the ‘Make in India’ campaign, since if manufacturing sector develops further, a need for platforms to make the products accessible ...
Tags: 'Make in India', Benefit, Accessories
The Confederation of Indian Textile Industry (CITI) said that in the highly labour-intensive textile sector, rigid labour laws have been a major hindrance to investments and scaling up of production facilities. Prem Malik, Chairman, CITI ...
Tags: Textile Industry, textile sector
India's share has been slowly and steadily increasing in total textile (non-apparel) and apparel imports made by the US in recent years. In 2012, the US imported $2.854 billion worth of textiles from India, which accounted for ...
Tags: Textile, Apparel Imports
"Make in India" campaign covering 25 sectors, including the textile and garment industry, has been launched by Prime Minister Narendra Modi in the presence of Who’s Who of the corporate world from India and abroad at a ceremony in New ...
Tags: Make in India, Textile, Garment Industry