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Related Keywords: apparels, cotton, cotton yarn, exports, fabrics, Imports, India, Industrial Production, man-made fabrics, textile exports, Textiles

India’s textiles and apparels exports for the fiscal 2019 just grew 1.66% to $35.969 billion as compared to $35.381 billion in the previous fiscal, mainly due to a sharp drop in the shipment of apparels.

India’s textiles and apparels exports for the fiscal 2019 just grew 1.66% to $35.969 billion as compared to $35.381 billion in the previous fiscal, mainly due to a sharp drop in the shipment of apparels.

Related Keywords: an initiative of the Centre, attract FDI, currently contributes about fourteen percent, four percent to GDP, Increasing FDI is a reason to cheer for the sector, Indian economy, Industrial Production, Investment India, Ministry of Textiles, one of the oldest industries, seventeen to the country export earnings, Textile, witnessing huge FDI inflows

Textile, one of the oldest industries in the Indian economy dating back several centuries, is witnessing huge FDI inflows, according to Investment India, an initiative of the Centre to attract FDI. Increasing FDI is a reason to cheer for the sector which currently contributes about 14% to industrial production, 4% to GDP, and 17% to the country’s export earnings, according to the Annual Report 2016-17 of the Ministry of Textiles.

Related Keywords: Industrial Production, MAGMA Jacquard machines, manufacturer of high speed textile machinery, nonwovens, production of technical textile, Stäubli, Techtextil exhibition, to display textile machinery, versatile Unival

Stäubli, is one of the world’s leading manufacturer of high-speed textile machinery. The company has now come up with textile machinery dedicated to the production of technical textiles that is said to feature great performance characteristics, such as high reliability and flexibility. Stäubli will showcasing its two innovative machines for the production process of technical textiles at the upcoming Techtextil exhibition for technical textiles and nonwovens that takes place from 4-7 March 2015 in Frankfurt

Related Keywords: Assocham, Gdp, Industrial Production, Textile Industry

Uttar Pradesh textile industry is going through hard time with low productivity, lack of advanced technologies, lack of foreign investments, supply chain bottlenecks, lack of economies of scale, labour issues and challenges emerging from a fragmented industry and weak brand positioning have emerged key reasons for non-operation of textile units.

The number of non-operating textile units in UP rose from 30 to 182 between 2000-01 and 2010-11.