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$45bn target for FY18 to be might be missed by textile exports

The largest market for cotton yarn China, has imposed around 3.5 per cent import duty on yarn from India under…

6 years ago

Govt introduces financial assistance schemes for powerlooms weavers

The government has introduced Pradhan Mantri Credit Scheme for powerloom weavers , under this scheme it will provide financial assistance…

6 years ago

Indian textiles sector likely to get hurt by TPP

Textile and clothing sector accounts for roughly 5 percent of India’s GDP, 15 percent of its industrial output and export…

8 years ago

Textile ministry formulating new approach to boost textile exports

The textile and the commerce ministries both are engaged in formulating new strategies to boost exports in the textile and…

8 years ago

India fixes target for textile exports at USD 47.5bn for 2015-16

Textiles Minister Santosh Kumar Gangwar in his written reply to Lok Sabha mentioned that the export of textiles for the…

9 years ago

US vex over India handing out additional export subsidies to textile in FTP at WTO

US has expressed concern over the newly incentive package announced for textile sector in the latest foreign trade policy by…

9 years ago

Texpreneurs Forum seek to bring textile sector under interest subvention scheme

Members of the Texpreneurs Forum on Wednesday held a meeting with the Union Ministers, and officials seeking extension of the…

9 years ago

New Foreign trade policy to boost textile exports, introduces MEIS

The NDA government’s new Foreign Trade Policy (FTP) 2015-20 was unveiled here on 1 April, focusing on supporting both the…

9 years ago

Union textile ministry to boost textile sector considering interest subvention

The high cost of finance has been a major barrier for growth of the textiles sector, in a bid to…

8 years ago