Indian textile export has registered a positive growth, with a 3.2 percent growth rate in the last three years, this was informed by Minister of State, Textiles, Ajay Tamta at the Lok Sabha and said that the sector is following a positive trend.
The various schemes and policies introduced by the government like the special package for apparel and made-up segments of Indian textile industry, enhanced duty Drawback Coverage and rebate of State Levies (ROSL) on export of garments and made-ups, additional incentives under Amended Technology Upgradati on Fund Scheme (ATUFS) have helped the textile sector achieve the growth trend.
Also policies including scheme for production and employment linked support for garmenting units, employee provident fund scheme reform, Pradhan Mantri Paridhan Rojgar Protsahan Yojana (PMPRPY), reforms in labour laws and enhanced incentives have boosted the textile industry, Tamta added
Further, the Minister stated that in 2014-15, the total value of textile exports stood at 2, 47,546 crore rupees. This increased to 2, 50,712 crores in the following year. Further the sector exported textile worth 2, 63,494 crore rupees in the previous fiscal.
The North Face has introduced a new sustainable collection that focuses on everyday essentials designed for use beyond outdoor settings.
Egypt’s textile industry is undergoing one of the most important expansions in its modern industrial history.
Bangladesh’s ready-made garment (RMG) industry has reached a milestone in its sustainability journey by securing 38 new LEED-certified green factories…
Tokyo-based Teijin Frontier has developed a new multi-functional textile for sports and outdoor clothing that offers improved comfort and cooling…
In a major step towards reviving Telangana’s handloom traditions and environmentally responsible fashion, BRS Working President launched Singidi Collective.
The latest Mini models make wide use of recycled knitted fabrics in their interiors, combining simplicity, sustainability, and modern aesthetics.