In a three-year period, the small island nation of Mauritius was the highest foreign direct investor in the Indian textile and apparel sector, accounting for a little less than 50 percent of the FDI inflows into the Indian textile sector. ...
India has been able to achieve, in fact overshoot its targets set in the previous fiscal year 2013-14 for exports from its textile and apparel sector. Albeit, the target for 2013-14 at $34 billion was down US $4 billion from the target ...
“The recent downfall in the prices of cotton at the global level is a major threat and to add fuel to the fire, the curtailment of import of cotton and yarn by Chinese has only added fuel to the situation”, said a top official ...
Tags: Downtrend, Apparel, Accessories
Top office bearers of a Mumbai-based top textile trade body recommend that the Foreign Trade Policy (FTP) should offer logic-based incentives as opposed to lobbying-based, but strictly in accordance to the stated objectives. This, they ...
Tags: FTP, Incentives, Textile
Top office bearers of a Mumbai-based top textile trade body recommend that the Foreign Trade Policy (FTP) should offer logic-based incentives as opposed to lobbying-based, but strictly in accordance to the stated objectives. This, they ...
Tags: FTP, Apparel, Accessories
Indian textile sector margins are expected to normalize in the first half of the current fiscal year (2014-15), says a research report released by Anand Rathi, which is a full service financial services firm with headquarters in Mumbai. ...
Implementation of Indian Customs Single Window Project will facilitate and modernize the current scenario of Indian textile imports and exports as per industry insiders. The finance minister proposed the implementation of Indian Customs ...
Tags: online Approval, Trade, Textile
The proposals in the Central Budget 2014-15 presented to the Parliament by the Hon’ble Finance Minister Shri Arun Jaitley are a “mixed bag” for the textiles industry according to Confederation of Indian Textile Industry ...
Tags: Budget Proposals, industry, Textile
The proposals in the Central Budget 2014-15 presented to the Parliament by the Hon’ble Finance Minister Shri Arun Jaitley are a “mixed bag” for the textiles industry according to Confederation of Indian Textile Industry ...
Tags: Budget Proposals, Apparel, Accessories
Every year in the month August NITRA offers a bouquet of intensive manpower training programs on distance learning mode to help the aspiring and existing textile & garment industry professionals. The programs enable them to update ...
Apex industry body ASSOCHAM has submitted a 10-point detailed agenda for growth and development of Indian textile industry to the Textiles Minister, Mr Santosh Gangwar. "With textile industry in China reducing its spinning activities ...
Tags: Apparel, Accessories, Textile
India's textile exports set to touch USD 50 billion mark in the current fiscal, Union Minister for Textiles Santosh Kumar Gangwar said here. "India have with 40 billion dollars in textile exports moved up to second position from fourth ...
Tags: Textile Exports, apparel industry
Indorama Industries Limited, a part of Indorama Corporation, Singapore launched the latest collection made from its new range INVIYA I-300 at Fibres and Yarns exhibition at Mumbai. INVIYA I-300, which was introduced in the market ...
Tags: Fibre, spandex fibre, polymer
There is uneasiness that, following the release of China’s cotton policy, there will be pressure from Chinese buyers on Indian spinners to further reduce prices. In recent months, Chinese buyers have already lowered yarn buying ...
Textile- Apparel Sector Value Chain has over 10 Crore people already associated with it and in the past 3 Quarters alone over 1 lakh jobs- were added in the sector despite the slowdown of manufacturing sector and employment market. ...
Tags: Textile, Apparel, employment market