The cabinet has approved the PLI scheme for textiles for MMF (man-made fibre) apparel, MMF fabrics and ten segments/products of technical textiles
Technical textiles manufacturer Garware Technical Fibres, formerly Garware-Wall Ropes, on Thursday posted an 80.6 per cent growth in profit after tax at Rs 31.9 crore during the quarter
Recovery will be across segments, including cotton yarn, readymade garments, polyester yarn, and home textiles, driven by higher domestic and export demand
Textile firms get international partners for fabric technology, stitch up clothing line for the pandemic
Several exporters can now be classified as MSMEs and avail 5% rebate under interest equalisation scheme
Indian cottons were prized for their fineness of weave, brilliance of colour, rich variety of designs and a dyeing technology that achieved a fastness of colour unrivalled in the world
This new policy will have a special focus on manufacturing of apparel and garment, technical textiles, man-made fibre products and exports
What could be the reason for these successive downward revisions across the board? Some key indicators make it evident.
Technical textiles are functional fabrics used in multiple industries such as automobile, construction, and agriculture
Sources said they pointed out added competition from Chinese cheaper goods may put pressure on domestic sales at a time international business has been under threat from Bangladesh and Vietnam
How K Radharaman, founder of Bengaluru's House of Angadi, is helping to shape the course of India's textile history
Textile industry fears that the Commerce Ministry's decision would kill exports.
The exhibits include artworks by textile designers, home furnishings, sculptures and, of course, apparel