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2015-10-04 15:00:00
TSTMA call for Central govt to address problem of textile mills
The cotton segment, spinning and weaving segments have been suffering from April 2014 onwards due to glut in the export market caused due to policy changes in China and the duty structure in EU,
2015-09-26 14:00:00
SIMA urge for market access policy for textiles industry
The newly elected chairman M Senthil Kumar of Southern India Mills’ Association (SIMA) at its 56th Annual General Meeting held yesterday, said that as the textile industry was equiped with
2015-08-18 11:00:00
Cotton mills forced to scale down production by 15-20pc
Representatives of the Confederation of Indian Textile Industry, South India Millers' Association, North Indian Millers Association, and Texprocil met in New Delhi on Monday to take stock of the
2015-05-26 16:00:00
India sets export target at $47.5bn for textile and clothing in 2015-16
The achhe din for the textile sector has started to arrive, said textile minister Santosh Kumar Gangwar on Monday, as the Narendra Modi govenrment completes one year. The government has set target of
2015-05-26 10:00:00
Indian textile exports fall short by 3.6bn of target set 45bn for FY15
India’s textile exports stood at 41.4 billion, shortfall of 3.6bn from the target set of 45 billion for 2014-15. There was a small increase in the overseas sales of handicrafts (17 percent),
2015-05-01 11:00:00
Textiles Ministry demands sops for yarn and fabric sectors ignored in FTP
The textile sector is the largest employment generating sector of India, especially for low-skilled workers, and needs to be supported. The Textiles Ministry held preliminary discussions on the
2015-04-10 11:00:00
Govt to re-introduce Tufs with some tweaks for at least 10 yrs for textiles
The Union government is looking to re-introduce the Technology Upgradation Fund Scheme (Tufs) with some tweaks; states might be asked to fund it. They are also looking for a long term policy perhaps
2015-04-03 15:00:00
Indian textile industry displeased by the new foreign trade policy
Textile industry is the second largest employment provider in the country and whose contribution to the country’s growth has been well recognized. But in terms of strengthening the
2015-03-20 20:30:00
WTO members urge India to cut off export subsidies on textiles, apparel
In the WTO subsidies committee meetings, the WTO member countries, in particular the US supported by European Union, Turkey, Japan and others have asked India to phase out of export subsidies on
2015-03-15 10:00:00
Textile industry seeks cut in duties and higher funds allocation for growth
Textile industry are seeking reduction in excise and import duties while pitching for higher fund allocation as it will enable Indian textile industry to achieve a substantial growth rate in the
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