The future for the Indian textile industry looks promising, buoyed by both strong domestic consumption as well as export demand as China is drifting away from textile manufacturing activities. With consumerism and disposable income on the rise, the retail sector has experienced a rapid growth in the past decade with the entry of several international players like Marks & Spencer, Guess and Next into the Indian market.
Textile yarn manufacturing mills in the region today urged Union Textiles Minister, Smriti Irani to take steps to reduce the Hank Yarn Obligation from 40…+ More
Given the technology and strategic leadership contest between US and China, it is likely that trade confrontation of the two countries may continue Since the…+ More
Say govt’s incentives required to bring sector back on track Exporters in the city are worried due to a decline in apparel and textile exports…+ More
The government will set up a Digital Trade Desk to push collaboration between Indian micro, small and medium enterprises and their global peers, a top…+ More
UP minister for Industrial Development, Satish Mahana said that the state government was committed to restoring Kanpur as an industrial city and taking a step…+ More