Textile industry welcomes announcement of Mission on Cotton Productivity
1 month, 3 weeks ago

Textile industry welcomes announcement of Mission on Cotton Productivity

The Hindu  

The textile and apparel sector has welcomed the announcements in the Union budget, especially the announcement of Mission on Cotton Productivity. Vijay Agarwal, chairman of The Cotton Textiles Export Promotion Council, said the proposal to set up an Export Promotion Mission, with sectoral and ministerial targets, will provide the much needed inter-ministerial co-ordination. Sundararaman, chairman of the Southern India Mills’ Association, said the cotton is the growth engine and strength of Indian textile industry accounting for almost 80% of the textile exports. The South India Hosiery Manufacturers Association president A.C. Eswaran said the Mission on Cotton will benefit the cotton-based textile sector in the long run. Convenor of the Indian Texpreneurs Federation Prabhu Dhamodharan said the Mission on Cotton is a vital initiative for the textile sector as it will increase cotton productivity and boost farmers’ income.

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History of this topic

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 …

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 …

India plans cotton technology mission for improving quality as part of 100 days agenda
11 months ago

India plans cotton technology mission for improving quality as part of 100 days agenda

Live Mint  

New Delhi: The Union textiles ministry is gearing up to launch a revamped Cotton Technology Mission aimed at improving the quality and output of India's "white gold" by adopting best practices that could position India as a prime destination for textile sourcing and foreign investment, two people aware of the matter said. The textiles ministry will launch the revamped cotton …

‘India will be the largest cotton producer’
1 year, 3 months ago

‘India will be the largest cotton producer’

The Hindu  

India will strive to become the largest cotton producer globally, Minister for Textiles, Commerce and Industry, Piyush Goyal, said in Mumbai on Saturday, inaugurating an annual global meeting of a UN recognised body of cotton producing and consuming nations. At the 81st plenary session of the International Cotton Advisory Committee, the Minister said India has the largest area under cotton …

Will review import levy on cotton after consulting Agriculture Ministry, says Piyush Goyal
1 year, 6 months ago

Will review import levy on cotton after consulting Agriculture Ministry, says Piyush Goyal

The Hindu  

A decision on removing the import duty on cotton will be taken after holding consultations with the Agriculture Ministry, said Piyush Goyal, Union Minister for Textiles, Commerce and Industry, Consumer Affairs, Food, and Public Distribution. When asked about the textile industry’s demand for removal of the 11 % duty on cotton, the Minister told The Hindu, “We need to balance …

Tamil Nadu aims to become a leader in technical textile production, says Minister
2 years, 4 months ago

Tamil Nadu aims to become a leader in technical textile production, says Minister

The Hindu  

Tamil Nadu government is taking several measures so that the State becomes a leader in technical textiles, Minister for Textiles and Handlooms R. Gandhi said here on Friday. Inaugurating a two-day joint technology conference of textile research associations, the Minister said the government withdrew the market committee cess on cotton as soon as it came to power and has created …

Aim to increase textiles exports to $100 billion: Piyush Goyal tells exporters
3 years, 6 months ago

Aim to increase textiles exports to $100 billion: Piyush Goyal tells exporters

India TV News  

India's textile exporters must aim to increase exports to $100 billion at the earliest, Union Minister Piyush Goyal said on Friday. In an interactive session with the country's textile industry held here, the Union Minister for Commerce & Industry, Textiles, Consumer Affairs and Public Distribution said: "We must aim to increase textiles exports three times from present export value of …

Govt approves National Technical Textiles Mission with Rs 1,480 crore outlay
5 years, 1 month ago

Govt approves National Technical Textiles Mission with Rs 1,480 crore outlay

India TV News  

The government on Wednesday approved setting up of a National Technical Textiles Mission with a total outlay of Rs 1,480 crore with a view to position the country as a global leader in technical textiles. Addressing a press conference on Cabinet decisions, Union Textiles Minister Smriti Irani said arrangements have been made under the Mission for skill development of 50,000 …

Maran against sops for raw cotton export
15 years, 5 months ago

Maran against sops for raw cotton export

The Hindu  

Taking up cudgels on behalf of the cotton textile industry, Union Textiles Minister Dayanidhi Maran has urged Prime Minister Manmohan Singh to ensure that no incentive was provided for promoting export of raw cotton. In a letter to the Prime Minister, he pointed out that competitiveness of Indian cotton textile products was largely dependent on the cotton price and said …

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