We should take textiles exports to  $100 billion by 2030: Piyush Goyal

We should take textiles exports to $100 billion by 2030: Piyush Goyal

April 14, 2022

PTI / Updated: Apr 12, 2022, 14:27 IST NEW DELHI: Union minister Piyush Goyal on Tuesday pitched for taking the textiles exports of the country to $100 billion by 2030 as the sector is recording a healthy growth. The textiles minister also said the exports would get a boost as...Read More

Duty free import of raw cotton to push exports of value added textiles: FIEO

Duty free import of raw cotton to push exports of value added textiles: FIEO

April 14, 2022

PTILast Updated: Apr 14, 2022, 11:07 AM IST Synopsis: The finance ministry on Wednesday waived customs duty on cotton imports till September 30, a move which will benefit the textile industry and lower prices for consumers. Currently, cotton imports attract 5 per cent Basic Customs Duty...Read More

Soaring cotton prices: Textile exporters left high and dry

Soaring cotton prices: Textile exporters left high and dry

April 12, 2022

Prices of the commonly used cotton variety have more than doubled to breach the Rs 90,000-mark per candy of 356 kg since February 2021 when an import duty was raised. Local cotton prices have also exceeded global rates by as much as Rs 1,500-2,000 per quintal. April 11, 2022 6:00:00 am | By...Read More

11 Textiles articles with certain technical specifications are exclusively reserved for production on Handlooms

11 Textiles articles with certain technical specifications are exclusively reserved for production on Handlooms

April 12, 2022

Ministry of Textiles | Posted On: 01 APR 2022 7:01PM by PIB Delhi “Scheme for Protection of Handlooms” has provisions for capacity building of State Government. The Government has promulgated the Handlooms (Reservation of Articles for Production) Act, 1985 to protect...Read More

Policy rejig to nudge textile's transition to manmade fibers

Policy rejig to nudge textile's transition to manmade fibers

March 31, 2022

By Yogima Seth Sharma & Kirtika Suneja, ET Bureau | Last Updated: Mar 30, 2022, 09:14 AM IST Synopsis: The focus would be to facilitate development of new business models, technological advancement, development of new markets and products and even imposing extended producer...Read More

India may become the World’s Garment Factory in 3 years: Chairman, AEPC

India may become the World’s Garment Factory in 3 years: Chairman, AEPC

March 29, 2022

25 March 2022, Mumbai: With India achieving $ 400 billion merchandise exports, Narendra Goenka, Chairman, Apparel Export Promotion Council (AEPC) hopes, India will become the world’s garment factory in next three years. Launch of new schemes like RoSCTL, PLI and PM-MITRA will...Read More

Puma: circularity and sustainability weigh its strategy

Puma: circularity and sustainability weigh its strategy

March 29, 2022

26 March 2022, Mumbai Puma bets on circularity and recycles old soccer jerseys. Puma will experiment with an innovative manufacturing process that uses existing soccer jerseys to produce new ones. This initiative - called ReJersey - aims to reduce waste and paves the way for more circular...Read More

EXCLUSIVE: Concern as Shanghai lockdown threatens apparel supply chains

EXCLUSIVE: Concern as Shanghai lockdown threatens apparel supply chains

March 26, 2022

The US and UK apparel industry tell Just Style exclusively the consequences of the lockdown around Shanghai's port could pose another difficult issue for apparel retailers and wholesalers to navigate. By Laura Husband | March 25, 2022 With the apparel industry heavily...Read More

TEA, Tirupur: Knitwear exports contributed 1% of India's exports in FY22

TEA, Tirupur: Knitwear exports contributed 1% of India's exports in FY22

March 25, 2022

TEA, Tirupur | 25 March 2022 Mumbai: Tirupur Exporters Association – popularly known as TEA – was established in the year 1990. This is an Association exclusively for exporters of cotton knitwear who have production facilities in Tirupur. From the modest beginning TEA has...Read More

VF Corporation Recognised globally 'One Of The Most Ethical Co' 6th Consecutive Yr

VF Corporation Recognised globally 'One Of The Most Ethical Co' 6th Consecutive Yr

March 17, 2022

16 March 2022, Mumbai Recognition honors companies demonstrating exceptional leadership and a commitment to business integrity through best-in-class ethics, compliance, and governance practices. VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and...Read More

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