Textiles sector should address issues related to cost competitiveness: Economic Survey
1 month, 4 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 the Economic Survey. Simple and liberal customs procedures further reduce regulatory costs and lend a competitive edge to the exports of global textile competitors such as China and Vietnam. In general, the costs for the textile industry are likely to rise over the coming years mainly because of the global structural shift towards sustainable sourcing.

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History of this topic

Textiles sector eyes zero tariffs in India-US trade
3 weeks, 2 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'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 …

PM envisions Rs 9L-cr textile exports by 2030
1 month, 2 weeks 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, 4 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 …

Economic survey calls for a focus on textile exports
1 month, 4 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 …

Logistics and sustainability hurdles challenge MSMEs in India’s apparel industry: Borzo survey
2 months ago

Logistics and sustainability hurdles challenge MSMEs in India’s apparel industry: Borzo survey

Live Mint  

New Delhi: Micro, small and medium enterprises in India’s apparel and textile industry are facing mounting challenges in logistics and sustainability as they navigate a rapidly evolving market, according to a survey conducted by Borzo, a global same-day delivery firm It highlights the growing pressures on businesses to optimize operations while keeping pace with shifting consumer preferences and the fast-fashion …

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, 2 weeks 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, 2 weeks 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 …

Automatic weaving units in Tamil Nadu hit by high production costs
2 months, 2 weeks ago

Automatic weaving units in Tamil Nadu hit by high production costs

The Hindu  

For the 35,000 to 40,000 automatic weaving looms operating in Coimbatore, Tiruppur, Erode, and Salem districts, the last two years has seen a slump in orders, low rate for the fabric and mounting losses. Govindaraj of the Shuttleless Loom Cloth Manufacturers Association said the looms are able to operate only 60% to 70 capacity as there are no orders for …

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 …

Size matters: Decoding Indian manufacturing’s problem of scale
3 months, 4 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 …

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’. …

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 …

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

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 fraying garment industry needs a stitch in time under Modi 3.0
9 months 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 …

Global textile industry concerned about continuing weak demand
9 months, 1 week ago

Global textile industry concerned about continuing weak demand

The Hindu  

The global textile industry, including textile machinery and garment manufacturing, continues to be concerned about “weak demand” in the market, according to a recent survey. The latest results of the International Textile Manufacturers Federation Global Textile Industry Survey, which was conducted in the second half of May, show that most companies pointed to weak demand as the main concern since …

Textile industry demands raw materials at competitive prices
9 months, 1 week ago

Textile industry demands raw materials at competitive prices

The Hindu  

The textile and clothing industry, which employs nearly 60 lakh people in Tamil Nadu, has demanded availability of raw materials at competitive prices for the industry. The SIMA chairman, who met the new Union Textile Minister, Giriraj Singh, recently, told presspersons in Coimbatore on Tuesday that Indian cotton prices had remained almost stable this cotton season. Though the government removed …

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 …

Textile industry has long term goals as its focus: CITI
10 months, 2 weeks ago

Textile industry has long term goals as its focus: CITI

The Hindu  

The Indian textile industry is working an action plan that will look at what the industry can achieve by 2047, according to Rakesh Mehra, chairman of the Confederation of Indian Textile Industry. “The textile industry has faced challenges on multiple fronts, including geopolitical uncertainties, shifting consumer preferences, and stiff competition from other sectors. The recent India-European Free Trade Association Agreement …

Apparel manufacturers hold meeting in New Delhi, discuss measures to increase exports to $40 billion by 2030
10 months, 3 weeks ago

Apparel manufacturers hold meeting in New Delhi, discuss measures to increase exports to $40 billion by 2030

The Hindu  

The Apparel Export Promotion Council held a meeting in New Delhi recently with buying agencies and liaison officers of overseas brands, to discuss efforts to increase Indian garment exports to USD 40 billion by 2030. Free trade agreements signed by India with Mauritius and Australia are paying dividends, as readymade garment exports to these countries in April - February of …

India looks for new textiles markets abroad as demand wanes in U.S., EU, says Union Secretary
1 year, 2 months ago

India looks for new textiles markets abroad as demand wanes in U.S., EU, says Union Secretary

The Hindu  

With demand for textiles exports turning sluggish in Europe and the U.S., India is looking for new markets through free trade agreements with countries such as Australia and the United Arab Emirates, Union Textiles Secretary Rachna Shah said here on Tuesday. Addressing a press conference, she said the Centre is taking steps to address the issues of lack of demand …

China’s Surplus Textile Influx Affects India’s $60 Billion Industry
1 year, 3 months ago

China’s Surplus Textile Influx Affects India’s $60 Billion Industry

The Hindu  

For almost a year now, India’s major textile hubs of Ludhiana, Surat, and Erode have been fighting an almost insurmountable challenge: rising imports, or arguably large-scale dumping, of man-made fibre fabrics that is affecting a sector valued at about $60 billion. In the last three years, MMF fabric imports, which attract mostly 20% duty, have doubled and most of it …

Textile industry crisis looms large as demand hits a low
1 year, 3 months ago

Textile industry crisis looms large as demand hits a low

The Hindu  

December 08, 2023 07:00 am | Updated 07:00 am IST Sivakumar, who operates a foundry in Coimbatore in Tamil Nadu, usually buys scrap from the southern districts of the State. But, for the Indian textile and clothing industry, there are multiple issues stunting its growth and competitiveness — raw material prices, escalating input costs, quality control orders, and import of …

Textile industry in Tamil Nadu worried over losing investments to other States
1 year, 4 months ago

Textile industry in Tamil Nadu worried over losing investments to other States

The Hindu  

November 30, 2023 06:10 pm | Updated 11:23 pm IST Media reports of incentives planned in the draft textile policy of Gujarat were circulated widely among the textile and apparel manufacturers in Coimbatore and Tiruppur on Wednesday, November 29, 2023. There has been widespread concern within the industry over the past few months of investors moving from Tamil Nadu and …

India’s global exports in labour-intensive sectors declined in last 5 years: FIE
1 year, 5 months ago

India’s global exports in labour-intensive sectors declined in last 5 years: FIE

Live Mint  

With India experiencing a decline in global market share across segments during the last five years, the labour-intensive export sectors such as apparels, marine products, plastics, and gems and jewellery are showing a "troubling pattern", news agency PTI quoted FIEO report as saying. "An analysis of sector-wise export performance for the last five years reveal the troubling pattern that India …

Decline in textile and apparel shipments continued in July ’23
1 year, 7 months ago

Decline in textile and apparel shipments continued in July ’23

The Hindu  

Exports of textiles and apparel were down 1.9% and 17.37% respectively in July this year compared with the same period last year. Data shared by Confederation of Indian Textile Industry showed that cotton yarn, fabrics, and made-ups registered 6.62% growth in July 2023 as against July 2022. “There are enquiries for garments for spring/summer 2024 for which shipments will begin …

Govt to set up task force to address environmental concerns in textiles
1 year, 11 months ago

Govt to set up task force to address environmental concerns in textiles

Live Mint  

The union government is set to launch a task force to address environmental concerns in the textile sector at a time when India is negotiating a free trade agreement with western countries with a strong interest in boosting textile exports. Commerce minister Piyush Goyal said that sustainable products are witnessing high demand and some exporters using sustainable means are getting …

Textile industry welcomes announcement on integrated parks
2 years ago

Textile industry welcomes announcement on integrated parks

The Hindu  

The textile industry has welcomed the announcement on seven integrated textile parks under the PM Mega Integrated Textile Region and Apparel Parks scheme. The Confederation of Indian Textile Industry’s chairman T. Rajkumar said the PM MITRA parks are an initiative to improve the cost competitiveness of the Indian textile sector and are expected to generate about 20 lakh jobs with …

Get these wrinkles out of the South Asian textile story
3 years ago

Get these wrinkles out of the South Asian textile story

The Hindu  

South Asia became a major player in the global textiles and clothing market with the onset of the third wave of global production. Supportive industrial policy was an instrumental factor in the 1990s, with zero duty on raw material and capital machinery, as access to global markets led to the industry’s boom. India’s production centres are operational at near full …

Spinning success: One-third of India’s textile business is in Tamil Nadu
3 years, 1 month ago

Spinning success: One-third of India’s textile business is in Tamil Nadu

The Hindu  

From saris and dhotis to bedspreads and kitchen towels, industries in Tamil Nadu make them all. Boasting at least one-third of the textile business in the country, with 2,032 spinning mills, 5.63 lakh powerlooms, 1.55 lakh handlooms, and nearly 15,000 garment units, Tamil Nadu is regarded as numero uno in textiles and garments. Though cotton production has dwindled over the …

Catching up: The Hindu Editorial on Production-Linked Incentive scheme for textile sector
3 years, 6 months ago

Catching up: The Hindu Editorial on Production-Linked Incentive scheme for textile sector

The Hindu  

The Cabinet’s approval of a Production-Linked Incentive scheme for the textile sector that is expressly targeted at the man-made fibre and technical textiles segments is a belated acknowledgment by the Government that the ground has inexorably shifted in the global textiles trade. Wednesday’s decision on the focused PLI scheme, with a budgeted outlay of ₹10,683 crore, is the second time …

Textile industry looks at ₹3000 crore additional investment in TN
3 years, 6 months ago

Textile industry looks at ₹3000 crore additional investment in TN

The Hindu  

The textile and clothing industry in Tamil Nadu hopes to attract ₹3000 crore additional investment in man-made fibre and technical textile segments with several schemes announced by the Central and State governments. Sundararaman, chairman of the Indian Technical Textile Association and vice-chairman of Southern India Mills’ Association, said the Production Linked Incentive Scheme approved on Wednesday by the Union government …

The high cost of India’s cheap garment exports
3 years, 11 months ago

The high cost of India’s cheap garment exports

Al Jazeera  

Two winters ago, while driving into Delhi at the crack of dawn, I found myself staring at looming soft mountains of candy pink foam rising from the grey surface of the river Yamuna. Unsurprisingly, alarms have been raised about India’s water scarcity around the world, including in a report by the US-based World Resources Institute that ranks it 13th among …

Apparel exports likely to register 40 pc growth this fiscal: AEPC
4 years, 6 months ago

Apparel exports likely to register 40 pc growth this fiscal: AEPC

Live Mint  

India's apparel exports are likely to register a growth of 40 per cent to USD 22 billion during the current financial year, AEPC said on Thursday. Apparel Export Promotion Council Chairman A Sakthivel said, "We are working with a target to achieve a 40 per cent increase in apparel exports this financial year with major focus on new medical textiles." …

It is time to tap potential of handicrafts and textiles
4 years, 9 months ago

It is time to tap potential of handicrafts and textiles

Hindustan Times  

India has an estimated 16 million craftspeople, living mainly in rural India, who are actively involved in some of the most complex textile processes that the world has ever seen. After the coronavirus pandemic, the reality is that the handloom and handcraft sector in India needs a way to survive It was in the 1960s that I discovered the art …

Man-made yarn imports up multi-fold in July
5 years, 6 months ago

Man-made yarn imports up multi-fold in July

Deccan Chronicle  

Chennai: While imports of all products in the man-made fibre value chain has steeply increased since the introduction of GST, destructing the domestic manufacturing industry, imports of polyester and viscose spun yarn have particulalry shot up multi-fold lately. Imports of polyester yarn increased 193 per cent from 29,08,000 kg in July 2018 to 85,35,000 kg in July 2019. Similarly, viscose …

Trade war can help MMF exports
5 years, 7 months ago

Trade war can help MMF exports

Deccan Chronicle  

Chennai: The trade war between India and China has opened up a big opportunity for Indian man-made textile industry to help stagnant exports to grow by double-digits. “The trade war has opened up an opportunity, which will help our stagnant exports grow by 10 to 12 per cent in one-and-half years if some of the issues faced by the industry …

Bangladesh garment exports, a challenge
5 years, 10 months ago

Bangladesh garment exports, a challenge

Deccan Chronicle  

Coimbatore: The Indian Texpreneurs Federation has appealed to textile brands and retailers to focus on local sourcing to support domestic manufacturers, as this would create enormous job opportunities in the Indian sector. While the Indian textile industry is already facing sluggish demand in domestic markets, it is also witnessing stagnant exports, and the prospective job losses would be approximately 1.5 …

Four promising apparel markets open up for India
6 years ago

Four promising apparel markets open up for India

Deccan Chronicle  

Chennai: A few countries are emerging as potential markets for Indian apparel exports, registering significant growth in off take. With some of the key markets like UAE going lighter on Indian apparels and pulling down the total shipments, exporters will have to tap these new markets for growth. Four new markets that have seen an extraordinary y-o-y increase in demand …

Not only selling fabrics, but giving complete solutions: Sanjay Lalbhai
6 years, 1 month ago

Not only selling fabrics, but giving complete solutions: Sanjay Lalbhai

Live Mint  

Arvind Ltd, the ₹10,826 crore company, has diversified from textile manufacturing to retail and branded apparel. A shift to fast fashion the world over and the popularity of athleisure has the company’s global clients, such as Levi’s, H&M, GAP, asking for swifter solutions. In an interview, Sanjay Lalbhai, the company’s chairman and managing director, talks about India’s growing appetite for …

India to soon have own standard of apparel size: Smriti Irani
6 years, 2 months ago

India to soon have own standard of apparel size: Smriti Irani

Live Mint  

Gandhinagar: India is all set to get its own size and measure in garments and apparels on the lines of US, UK and European nations, said union textiles minister Smriti Irani on Sunday. The government will also initiate a statistical study on domestic demand in the Indian market with a view to frame better textile policies in future, the textile …

Large scale job creation strategy needs focus on low-end manufacturing
6 years, 10 months ago

Large scale job creation strategy needs focus on low-end manufacturing

Op India  

India is approaching a huge window of opportunity in the form of its “demographic dividend”. Local availability of cotton and synthetic textiles, coupled with low labour cost offers a huge advantage for apparel manufacturing in India which few other countries could match. Hence, a structured policy on creating large local manufacturers in sectors like leather, apparel & footwear could go …

India can become a one-stop sourcing destination for textiles for brands, retailers from ASEAN, says Smriti Irani
7 years, 2 months ago

India can become a one-stop sourcing destination for textiles for brands, retailers from ASEAN, says Smriti Irani

Firstpost  

India has potential to become the one-stop sourcing destination for brands and retailers from ASEAN, Textiles Minister Smriti Irani said on Tuesday. New Delhi: India has potential to become the one-stop sourcing destination for brands and retailers from ASEAN as opportunities exist for textile manufacturers from the 10-nation bloc to invest here and cater to the domestic market as well …

Govt must weave a plan to prevent textiles and garments from wearing down
8 years, 8 months ago

Govt must weave a plan to prevent textiles and garments from wearing down

Hindustan Times  

Last month, the government announced a package of measures for the textiles and the garment industries. Over the next decade, the relative importance of the sector declined rapidly, and by 2011, exports of textiles and garments were just 11% of India’s total outgo. This increase in share must be read in the backdrop of a spate of market-access barriers faced …

India can gain from China's waning grip on apparel world: World Bank
8 years, 11 months ago

India can gain from China's waning grip on apparel world: World Bank

India TV News  

New Delhi: With China losing sheen as the global leader in the apparel market, India needs to take specific steps like lowering input duties and extending market access to fill that space, otherwise be cornered by southeast Asian countries, the World Bank has said. Employed women are more likely to create positive social impacts as they tend to spend their …

Ahead of budget, industries seek lower tax, financial support
9 years, 2 months ago

Ahead of budget, industries seek lower tax, financial support

The Hindu  

With just a few more weeks for the Union Budget, industries here expect reduction of duties on some products and implementation of GST after studying its impact on all the sectors. Sources in the industry here say the main demand is reduction of excise duty on manmade fibre from 12.5 per cent to six per cent, removal of four per …

Budget 2016: Textile mills seek rationalisation of duty structure on MMF
9 years, 2 months ago

Budget 2016: Textile mills seek rationalisation of duty structure on MMF

Firstpost  

Member textile mills of Indian Texpreneurs Federation today appealed to Prime Minister Narendra Modi to rationalise duty structure on Man Made Fibre, which they claimed can transform the textile industry towards higher growth rate. Coimbatore: Member textile mills of Indian Texpreneurs Federation today appealed to Prime Minister Narendra Modi to rationalise duty structure on Man Made Fibre, which they claimed …

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