India's innerwear exports face a Chinese problem
1 month, 1 week ago

India's innerwear exports face a Chinese problem

Live Mint  

New Delhi: India’s dependence on Chinese raw materials for garment manufacturing, particularly in the innerwear segment, is hurting the domestic industry. As per the data, the women’s and girls’ innerwear category faced similar hurdles, with exports of slips and nightdresses decreasing from $627.74 million in FY22 to $499.86 million in FY24, reflecting a fall of 20.37%. The underwear index As per data provided by one of the country’s leading innerwear manufacturers, Rupa, the company’s exports dipped by 42.38% in rupee terms, from ₹41.11 crore in FY23 to ₹23.69 crore in FY24. In the case of India, the Men's Underwear Index is relevant to the dip in innerwear exports because it reflects consumer demand trends, which are closely tied to production cycles. “The manufacturing of innerwear garments is largely dependent on raw materials imported from China, and in recent times, rising raw material prices have led to a slowdown in production, resulting in a decline in exports," said Rahul Mehta, chief mentor of the Clothing Manufacturing Association of India.

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History of this topic

Indias exports are bound to grow despite global uncertainties: DGFT
1 day, 14 hours ago

Indias exports are bound to grow despite global uncertainties: DGFT

Live Mint  

New Delhi, Mar 26 India's exports are bound to grow in the coming years despite uncertainties over global trade and tariff, a senior government official said on Wednesday. Despite the "uncertainties relating to trade and tariff, our exports are bound to grow in future years," he said at the Sourcex India 2025 show. Sarangi said that in the current year, …

Textiles sector eyes zero tariffs in India-US trade
2 weeks, 6 days ago

Textiles sector eyes zero tariffs in India-US trade

Live Mint  

New Delhi: Zero for zero is the buzzword in India’s textile and apparel industry as sector leaders urged the government to push for nil tariffs either way for trade between India and the US. According to Prabhu Dhamodharan, convenor of the Indian Texpreneurs Federation, India's current 5.9% share in US apparel imports could increase to 10% if zero-duty access is …

India Eyes $6B Export Boost with US Trade Deal
2 weeks, 6 days ago

India Eyes $6B Export Boost with US Trade Deal

Deccan Chronicle  

Chennai: The textile industry hopes that a zero-for-zero trade agreement with the US will increase exports by $6 billion in three years. The US contributed to 28.5 per cent of India’s total textile and apparel exports between January and November 2024. However, the recent trade tensions saw US firms partially moving away from China and this has benefited Vietnam and …

Apparel exports to Spain grew 19.7% in April-January
1 month ago

Apparel exports to Spain grew 19.7% in April-January

The Hindu  

Apparel exports to Spain registered a 19.7% growth for the April-January 2024-2025 period compared with the same period the previous year. According to Mithileshwar Thakur, secretary general of the Apparel Export Promotion Council, export of readymade garments rose 11.6 % during April 2024-January 2025 over the corresponding period the previous fiscal, “despite global headwinds, geo-political challenges and supply chain disruptions.” …

Apparel exports to Spain grew 19.7% in April-January
Trending News
1 month ago

Apparel exports to Spain grew 19.7% in April-January

The Hindu  

Apparel exports to Spain registered a 19.7% growth for the April-January 2024-2025 period compared with the same period the previous year. According to Mithileshwar Thakur, secretary general of the Apparel Export Promotion Council, export of readymade garments rose 11.6 % during April 2024-January 2025 over the corresponding period the previous fiscal, “despite global headwinds, geo-political challenges and supply chain disruptions.” …

PM envisions Rs 9L-cr textile exports by 2030
1 month, 1 week ago

PM envisions Rs 9L-cr textile exports by 2030

Deccan Chronicle  

New Delhi: Prime Minister Narendra Modi expressed optimism on Sunday that India's textile sector will achieve an annual export target of Rs 9 lakh crore ahead of the 2030 deadline. Speaking at Bharat Tex 2025, a mega global textile event showcasing India's cultural diversity through traditional garments, Modi said, “We are currently ranked as the 6th largest exporter of textiles …

India’s merchandise exports forecast to reach $124.8 billion in Q4FY25: Exim Bank
1 month, 1 week ago

India’s merchandise exports forecast to reach $124.8 billion in Q4FY25: Exim Bank

Live Mint  

New Delhi: India’s merchandise exports are projected to reach $124.8 billion in the fiscal fourth quarter, marking a 3.64% year-on-year increase, according to estimates from the Export-Import Bank of India. Meanwhile, India's merchandise trade deficit fell to a three-month low of $21.94 billion in December 2024, as higher exports offset import pressures. The commerce ministry recently revised November's gold import …

Modi govt's budget boost for textile industry: India aims to increase production and exports amid Bangladesh crisis
1 month, 3 weeks ago

Modi govt's budget boost for textile industry: India aims to increase production and exports amid Bangladesh crisis

Op India  

On Saturday, 1st February, the Union Budget presented by Finance Minister Nirmala Sitharaman gave a big boost to the textile industry announcing a 19% increase in the Budget Estimates for AY 2026-27. How Bangladesh crisis may help India in Textile sector Interestingly, the ongoing political crisis in the neighboring country of Bangladesh is aiding India’s garment industry to flourish by …

Textile stocks Ambika Cotton Mills, Arvind and others soar up to 10% as FM announces 5-year cotton mission
1 month, 3 weeks ago

Textile stocks Ambika Cotton Mills, Arvind and others soar up to 10% as FM announces 5-year cotton mission

Live Mint  

Union Budget 2025: Indian textile stocks surged in today's trade, February 01, after Union Finance Minister Nirmala Sitharaman in her budget speech announced a 5-year mission to facilitate improvements in productivity and sustainability of cotton farming. Set to propel India’s textile industry forward T Manish, Research Analyst, SAMCO Securities, “The five-year mission for cotton productivity aims to enhance the quality …

Budget 2025: Boosting Jobs in Leather and Making India a Global Toy Hub | ABP NEWS
Trending News
1 month, 3 weeks ago

Budget 2025: Boosting Jobs in Leather and Making India a Global Toy Hub | ABP NEWS

ABP News  

In the 2025 Union Budget, the government announced initiatives aimed at boosting employment and making India a global manufacturing hub. A key highlight is the "Focused Products Scheme" for the leather and footwear sectors, designed to create 22 lakh jobs. Additionally, the government plans to introduce schemes to position India as a global hub for toy manufacturing. By focusing on …

Budget 2025: Footwear stocks Relaxo Footwears, Mirza International surge up to 13% after FM announces scheme for sector
1 month, 3 weeks ago

Budget 2025: Footwear stocks Relaxo Footwears, Mirza International surge up to 13% after FM announces scheme for sector

Live Mint  

Several footwear stocks, including Relaxo Footwears and Mirza International, surged up to 13 per cent in intraday trade on Saturday, February 1, after Finance Minister Nirmala Sitharaman, in her Budget 2025 speech, announced a focussed product scheme for footwear and leather sectors. "Focus product scheme for footwear and leather sectors is expected to facilitate employment for 22 lakh persons, turnover …

Economic survey calls for a focus on textile exports
1 month, 3 weeks ago

Economic survey calls for a focus on textile exports

Hindustan Times  

The 2024-25 Economic Survey has recommended throwing the kitchen sink at the textile export challenge to exploit the economic potential of this sector. The Survey’s discussion on untapped potential of the textile sector builds on an analysis of India’s underperformance in labour intensive sectors including textiles in the same document four years ago. First is “a lack of localisation and …

Textiles sector should address issues related to cost competitiveness: Economic Survey
1 month, 3 weeks ago

Textiles sector should address issues related to cost competitiveness: Economic Survey

The Hindu  

Lack of localisation and complexity of the Indian textile value chain result in higher costs for Indian exporters in the textile sector, relative to global competitors. In contrast, vertically integrated ‘fibre-to-fashion’ firms in competitor nations such as China and Vietnam export low-cost products, maintain consistent quality, and are “nimble enough to adjust to the fast-changing nature of the industry,” said …

How Tamil Nadu leveraged China+1 strategy in non-leather footwear space
1 month, 3 weeks ago

How Tamil Nadu leveraged China+1 strategy in non-leather footwear space

Live Mint  

For years, China was the epicentre of global footwear manufacturing, producing nearly 72% of the world’s shoes in 2016. Read this | Uttar Pradesh tops Tamil Nadu in GST collection: Myth and reality Now, India is beginning to make its mark—one of the rare instances where the China+1 strategy has truly worked. Tamil Nadu, long a leader in leather footwear …

Apparel imports surge since September
1 month, 3 weeks ago

Apparel imports surge since September

Deccan Chronicle  

Chennai: While India has seen its apparel exports growing in 2024, apparel imports into the country have recorded a surge - growing in double-digits since September. Indian apparel exports grew 8.39 per cent from $14.4 billion in calendar year 2023 to $15.7 billion in 2024. In September, apparel imports grew by 16.8 per cent and in October it grew by …

Budget 2025 | Textile industry seeks interest subsidy, lower PLI investment floor in budget
2 months ago

Budget 2025 | Textile industry seeks interest subsidy, lower PLI investment floor in budget

Live Mint  

India's textile industry, a key driver of the economy, employs about 45 million people and contributes significantly to the nation’s exports. The demands include extending the interest equalization scheme for three years to help exporters remain cost-competitive and revising the production linked incentive scheme with lower investment thresholds. Industry is also embracing sustainability, with eco-friendly practices and green technologies becoming …

Apparel and textile exports register growth despite challenges
2 months, 1 week ago

Apparel and textile exports register growth despite challenges

The Hindu  

Apparel exports registered 12.9 % growth in dollar terms in December 2024 compared with the previous year and cumulative exports for April - December of 2024 registered 11.6 % growth as against the same period the previous year. Sudhir Sekhri, chairman of the AEPC said in a statement, “This is the appropriate time when India needs to capitalise this opportunity …

Rising imports worry apparel manufacturers
2 months, 1 week ago

Rising imports worry apparel manufacturers

The Hindu  

India imported garments worth ₹8,900 crore from April to November, 2024 and the year 2024-2025 is likely to end with almost ₹13,000 crore worth apparel imports, according to the Indian Texpreneurs Federation. “Textile clusters and retailers must collaborate to address factors influencing imports such as pricing, quality, design, and product range. Retail brands in India must partner with domestic manufacturers …

Tiruppur industries look for reduction in turnover limit for PLI eligibility in 2025 Budget to expand technical textiles portfolio
2 months, 2 weeks ago

Tiruppur industries look for reduction in turnover limit for PLI eligibility in 2025 Budget to expand technical textiles portfolio

The Hindu  

Anticipation seems to be in the air among manufacturers in the Tiruppur textile hub for reduction in turnover limit for deriving utility of Production Linked Incentive scheme of the Central Government for technical textiles in the 2025 Budget The threshold being high, there is, at present, only one company in Tiruppur among 53 in the country that had registered for …

The week in charts: GDP estimate, Nadella’s plan, ₹100 crore homes
2 months, 2 weeks ago

The week in charts: GDP estimate, Nadella’s plan, ₹100 crore homes

Live Mint  

The first advance estimates released on Tuesday forecast India's growth at 6.4%, the slowest in four years. Services dominance India’s services exports surpassed goods exports, reaching $35.7 billion—about $3 billion more than goods--in November 2024, preliminary data showed. India’s share in global services exports has steadily grown, reaching 4.2% by 2023, while its share in goods exports has remained flat …

India is shining but needs to go beyond IT to become global power
2 months, 2 weeks ago

India is shining but needs to go beyond IT to become global power

Firstpost  

In order to compete and excel China as an economic and military power, India needs to add hard muscle power to its digital power. Recent statistics showing India’s services exports surpassing its merchandise exports are not just numbers but a testament to the country’s growing strategic importance in the global tech services value chain. The presence of these centres underscores …

Indian economy to grow at 6.5-6.8 pc in FY25 on higher domestic consumption: Deloitte
2 months, 3 weeks ago

Indian economy to grow at 6.5-6.8 pc in FY25 on higher domestic consumption: Deloitte

Live Mint  

New Delhi, Dec 29 Indian economy is likely to grow at 6.5-6.8 per cent this fiscal and slightly higher between 6.7-7.3 per cent in FY2026, boosted by domestic consumption, Deloitte said on Sunday. Deloitte India Economist Rumki Majumdar said the growth in the first half of the fiscal year 2025 turned out to be slower than estimated as election uncertainties …

Textiles exports a silver lining as India’s trade deficit widens
3 months ago

Textiles exports a silver lining as India’s trade deficit widens

Live Mint  

New Delhi: India’s textiles sector has emerged as a beacon of resilience and growth, recording an impressive 36.65% increase over the last four years, although industry stakeholders aren't much enthused by the resurgence. Rising from $17.05 billion in FY21 to $23.30 billion in the last eight months of the current fiscal year, this growth underscores the sector’s ability to adapt …

Leather exports likely to grow by over 12 pc to USD 5.3 bn this fiscal: CLE
3 months ago

Leather exports likely to grow by over 12 pc to USD 5.3 bn this fiscal: CLE

Live Mint  

New Delhi, Dec 22 The country's leather and footwear exports are expected to grow by over 12 per cent to USD 5.3 billion in the current financial year on account of healthy demand in key global markets, CLE Chairman Rajendra Kumar Jalan has said. "The sector has the potential to reach a total turnover of USD 47 billion by 2030, …

Export of special technical textile products on rise, says NTTM official
3 months, 1 week ago

Export of special technical textile products on rise, says NTTM official

The Hindu  

“Export of special technical textile products grew 6.2% between April and November compared with the same period last year,” said Ashok Kumar Malhotra, Mission Director of the National Technical Textiles Mission. Mr. Malhotra told The Hindu on Friday that the exports were worth ₹2,915 crore from April to November this year compared to ₹2,345 crore during April - November last …

India’s manufacturing growth falls to 11-month low in November amid price pressures and weaker demand
3 months, 3 weeks ago

India’s manufacturing growth falls to 11-month low in November amid price pressures and weaker demand

Live Mint  

India's manufacturing growth slowed in November, with activity easing to its weakest level in 11 months, as price pressures and softer domestic demand weighed on the sector. "Although price pressures curbed domestic sales to a certain extent, growth of new export orders gained momentum," it added. Despite domestic challenges, international demand surged, with new export orders reaching a four-month high …

Size matters: Decoding Indian manufacturing’s problem of scale
3 months, 3 weeks ago

Size matters: Decoding Indian manufacturing’s problem of scale

Live Mint  

New Delhi: The production-linked incentive scheme—one of the ways in which this government was hoping to increase manufacturing in India—is going through a slowdown, with planned expansions to the programme being put on hold. Size does matter As of 2019, the last date for which data was available, Bangladesh’s ALTF sector employed 2.45 million people, with 66% of those working …

To challenge China, India needs to get out of the way of its factory owners
4 months ago

To challenge China, India needs to get out of the way of its factory owners

Live Mint  

Boosting manufacturing is critical to India becoming an economic powerhouse. In India, manufacturing’s contribution to its gross domestic product has fallen from around 17% two decades ago to 13% in 2023, according to World Bank data. Manufacturing firms in India said they are wary of operating large factories because of the power of organized labor. “No manufacturer wants to set …

Demand from European markets fuels recovery in India’s textile exports amid Bangladesh crisis
4 months ago

Demand from European markets fuels recovery in India’s textile exports amid Bangladesh crisis

Live Mint  

Indian textile exports are showing signs of recovery in FY25, with demand from European markets playing a crucial role in boosting figures, according to data from the ministry of commerce and industry. However, the numbers still fall short of the $5.84 billion achieved during FY23, the commerce ministry data showed, highlighting recovery challenges despite the growing interest in Indian textiles …

Multibagger Stock: Gokaldas Exports advances 1260% in 4 years, 2358% in 11 years. Can it rally more?
4 months, 1 week ago

Multibagger Stock: Gokaldas Exports advances 1260% in 4 years, 2358% in 11 years. Can it rally more?

Live Mint  

Multibagger Stock: Gokaldas Exports, a leading apparel manufacturer, has emerged as a standout performer on Dalal Street, delivering remarkable returns to its shareholders. Strong operational performance, rising global demand for Indian apparel exports, diversification of supply chains away from China, and strategic market expansion efforts all contributed to the sustained rally in the company's shares. Meanwhile, the potential implementation of …

Pharma, electronics and engineering goods among India’s top exports during Apr-Oct
4 months, 1 week ago

Pharma, electronics and engineering goods among India’s top exports during Apr-Oct

Live Mint  

New Delhi: India's merchandise exports continued their upward trajectory during April-October, with 21 of the top 30 sectors registering growth in value terms, buoyed by rising global demand for Indian goods. Growth in key sectors like pharmaceuticals, electronics, and engineering goods contributed to the overall gains, while a sharp decline was reported in traditionally strong sectors—petroleum and gems and jewellery—amid …

Cotton is passé. Can India ever make it big in this fashionable textile market?
4 months, 1 week ago

Cotton is passé. Can India ever make it big in this fashionable textile market?

Live Mint  

Chennai: It was early June 2021. Once MMF textile exports pick up, the quality of raw material will improve," said Rajkumar Agarwal, managing director, SVG Fashions Pvt. The government has applied the Quality Control Order, a regulatory standard that ensures that products sold in India are of good quality, on select polyester filament yarn imports such as ‘fully drawn yarn’. …

Textiles, auto components and telecom vulnerable to tariff war
4 months, 1 week ago

Textiles, auto components and telecom vulnerable to tariff war

Deccan Chronicle  

Chennai: US, being the largest market for India, probable tariff hikes under the Trump presidency can impact shipments of certain segments, including textiles, chemicals, metal products, and telecom products. Any adverse policy action around tariffs or taxes could affect India's competitiveness against countries like Bangladesh and Vietnam. Any rise in duties could impact the Indian export volumes substantially, which may …

Higher fibre prices worry apparel, home textile makers as demand improves
4 months, 2 weeks ago

Higher fibre prices worry apparel, home textile makers as demand improves

Deccan Chronicle  

Chennai: Apparels and home textiles are hopeful about robust demand in the international market, especially the US. Similarly, home textiles segment is set to grow by 6-8 per cent this fiscal, riding on resilient demand from the US and expansion in the domestic market, finds Crisil. Home textiles derive 70-75 per cent of its revenue from exports and the US …

Can India’s garments industry benefit from Bangladesh’s turmoil?
4 months, 2 weeks ago

Can India’s garments industry benefit from Bangladesh’s turmoil?

Live Mint  

Asia’s rise has been stitched together by the textile industry. Recently a group of exporters based in Tiruppur, a textile hub in southern India, said it had earned fresh orders worth $54m because of the unrest in Bangladesh. The head of sourcing at Gap says the American fashion brand remains “cautiously optimistic” about Bangladesh’s future. Between 2016 and 2023 the …

Competing in the Global Apparel Arena: How India Can Rise Above the Textile Tide
4 months, 3 weeks ago

Competing in the Global Apparel Arena: How India Can Rise Above the Textile Tide

Hindustan Times  

India's textile and apparel sector holds significant potential to create more and better employment, especially from the labour-intensive apparel segment. However, the sector faces important challenges in adapting to global market demands. It requires both the government and private sector to play their part. The government could help by rationalising domestic taxation and reducing import tariffs along the entire supply …

India's Mobile Manufacturing Boom: A Global Powerhouse Emerging
Trending News
4 months, 3 weeks ago

India's Mobile Manufacturing Boom: A Global Powerhouse Emerging

Firstpost  

India's mobile manufacturing industry is gaining global attention, thanks to the Make in India initiative. Big companies like Samsung and Apple are setting up large factories in the country, making India the world's second-largest exporter of mobile phones. With Samsung's mega factory in Noida and Apple moving some iPhone production to Tamil Nadu, India is becoming a key player in …

Indian Apparel Exports Soar 17.3% in September, Boosting Global Supply Chain
5 months, 1 week ago

Indian Apparel Exports Soar 17.3% in September, Boosting Global Supply Chain

The Hindu  

Indian apparel exports saw a significant surge in September, with a 17.3% increase compared to the same period last year. This growth is expected to continue in the coming months, with 15%-20% higher exports projected for 2024-2025. This surge is attributed to the increasing popularity of Indian products and the growing focus on sourcing from India by international buyers.

How India can fix the Chinese imports problem
5 months, 3 weeks ago

How India can fix the Chinese imports problem

Live Mint  

India last month extended countervailing duties of 12-30% on certain steel imports from China and Vietnam, following requests from local producers to safeguard against cheaper imports. Read this | Mint Primer | China’s stimulus: What it spells for India & the world A growing economy like India’s naturally requires more imports to meet rising consumption and manufacturing demand, with cost …

Apparel exports grew 12% in August to more than $1.2 bn
6 months, 1 week ago

Apparel exports grew 12% in August to more than $1.2 bn

The Hindu  

Apparel exports registered 11.9% growth in August to $1,268.2 million compared with $1,133.5 million last August. In rupee terms, exports were 13.4% higher last month compared with last August and 8.7% more in April-August FY25 compared with the corresponding period in FY24. Mithileshwar Thakur, Secretary General, Apparel Export Promotion Council, said in a press statement that exports to Japan, Korea, …

No significant impact on India Inc from Bangladesh crisis: Study
6 months, 1 week ago

No significant impact on India Inc from Bangladesh crisis: Study

New Indian Express  

MUMBAI: Prolonged unrest in Bangladesh can affect Indian companies for which the neighbouring country is a demand centre or production hub but the impact is likely to be minor, said a new study on Wednesday. Merchandise exports mainly comprise cotton and cotton yarn, petroleum products, electric energy etc, while imports largely consist of vegetable fat oils, marine products and apparel. …

Indian garment sector expects short-term gains due to Bangladesh crisis
7 months, 3 weeks ago

Indian garment sector expects short-term gains due to Bangladesh crisis

The Hindu  

The crisis in Bangladesh is expected to impact the Indian textile and apparel sector in the short term. Siddhartha Rajagopal, the Executive Director of Cotton Textiles Export Promotion Council, said $1.7-billion worth of cotton, cotton yarn and fabrics were exported by India to Bangladesh last fiscal, which is 17% of India’s cotton textile exports. According to the Apparel Export Promotion …

India’s trade to improve amid easing global challenges: Economic Survey
8 months ago

India’s trade to improve amid easing global challenges: Economic Survey

Live Mint  

Amid geopolitical headwinds and sticky inflation, India’s exports remained strong in the financial year 2023-24, the Economic Survey asserted, adding that trading in goods is expected to improve this year and the next. Though merchandise exports moderated owing to lower demand from major trading partners, India performed well in the export of services, lowering the country’s overall trade deficit from …

India's exports in Q1 show resilience despite global slowdown: CRISIL
8 months, 1 week ago

India's exports in Q1 show resilience despite global slowdown: CRISIL

New Indian Express  

India's exports have shown resilience amidst global challenges, with merchandise exports rising by 5.8% to $109.96 billion in the first quarter of fiscal 2025, according to CRISIL. "On a cumulative basis, merchandise exports rose 5.8% to $109.96 billion for the first quarter of fiscal 2025, from $103.9 billion in the year-ago period. This growth in exports in the first quarter …

India's exports soar 2.56 per cent to USD 35.2 billion in June: Govt data
8 months, 1 week ago

India's exports soar 2.56 per cent to USD 35.2 billion in June: Govt data

India TV News  

The government of India on Monday released data on the exports by the nation in the month of June. According to the data, India's merchandise export in June increased by 2.56 per cent to $35.32 billion compared to $34.32 billion in June last year. In May, the country's merchandise exports increased by 9.1 per cent and reached USD 38.13 billion, …

India’s fraying garment industry needs a stitch in time under Modi 3.0
8 months, 3 weeks ago

India’s fraying garment industry needs a stitch in time under Modi 3.0

Hindustan Times  

In 2011, McKinsey, the global consulting firm, conducted a survey of chief purchasing officers at top western apparel makers in order to gauge the supply chain shifts afoot in the industry. “Entry into synthetics would make factories run full year and increase wages manifold.” Fast fashion is a low-margin industry with a complex production process, and one indicator could determine …

India plans to expand production-linked incentives for small textile firms: minister
9 months ago

India plans to expand production-linked incentives for small textile firms: minister

Hindustan Times  

By Manoj Kumar India plans to expand production-linked incentives for small textile firms: minister NEW DELHI - India plans to expand production linked incentives to small textile firms soon, part of efforts to increase garment exports to $50 billion by 2030, the federal textile minister said on Tuesday. The government introduced incentives for the textile sector in 2021, and has …

India's electronics sector loses ₹1.25 lakh crore due to India-China tensions
9 months, 1 week ago

India's electronics sector loses ₹1.25 lakh crore due to India-China tensions

Hindustan Times  

Escalating tensions with China are said to have cost Indian electronics manufacturers $15 billion in production losses as well as 100,000 jobs in the past four years, the Economic Times reported. In submissions to various ministries, the electronics manufacturing industry said India has also lost out on a $10 billion export opportunity besides $2 billion in value addition loss, according …

Textile industry discusses measures needed to achieve higher growth rate
10 months, 1 week ago

Textile industry discusses measures needed to achieve higher growth rate

The Hindu  

The National Committee of Textile and Clothing industry, comprising major textile associations and export promotion councils, deliberated on Saturday on measures to be taken to revive the Indian textile and clothing sector. Rakesh Mehra, chairman of the Confederation of Indian Textile Industry, said the average capacity utilisation in textile units across the value chain is 65 %. On the indications …

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