Union Minister of Textiles, Commerce & Industry, Consumer Affairs and Food & Public Distribution Shri Piyush Goyal lauded industry bodies of the textile sector for their initiative in organising Bharat Tex 2024- the largest ever textiles event. He was presiding over the curtain raiser event for the show at Vanijya Bhavan, New Delhi. Speaking at […]
The Union Minister of Textiles, Commerce & Industry and Consumer Affairs and Food & Public Distribution, Piyush Goyal presided over the seventh interactive meeting with the Textile Advisory Group (TAG) on Cotton to review the progress of initiatives for cotton value chain in Coimbatore. Goyal mentioned that India is hosting the 81st Plenary Meeting of […]
Trading in newly launched, more representative Cotton Futures Contract has commenced from 13.02.2023 with the collaborative approach of Government of India, MCX, trade & industry. In order to make the futures prices more representative and not speculative, contract specification and quality standards has been modified and new cotton future contract has been launched at MCX […]
CITI organized the 2nd Global Cotton Conference on November 23 in New Delhi. The theme of the conference was “Game-Changing Technologies & Traits for Achieving High Yields and Fine Quality of Cotton”. This hybrid event was attended by senior government officials and industry stakeholders and experts across the entire textile value chain. The Conference also […]
Tamil Nadu textiles and clothing industry predominantly cotton based, accounts 1/3rd of the textile business size, 45% of the spinning capacity, 70% of the knitted garment capacity, 40% of the home textiles manufacturing capacity, 22% of the powerloom capacity, 12% of handloom capacity and the only State having presence of whole textile value chain. More […]
Indian apparel exporters reported healthy revenue growth and profitability in the past four quarters, surpassing the pre-Covid levels, supported by strong realisations and healthy demand post the lifting of lockdown restrictions. As per the ICRA’s recent research report on Apparels & Fabrics, in Q2 FY2023 also, while exporters are expected to have recorded healthy YoY […]
Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal asked stakeholders of the textile industry to strive to move up the value chain and focus on products of high value. He was interacting with the beneficiaries of the Production Linked Incentive Scheme (PLI) for textiles at a review […]
Dow supported a three-year cooperation project with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and the Dutch ZDHC Foundation to develop more sustainable manufacturing processes within the fast-growing fashion industry in Ethiopia. Through education, training programs and business consultancy capabilities, the project successfully paved the way for improved sustainable chemical and waste management practices along […]
Upendra Prasad Singh, Textile Secretary stated that the government is looking at value added exports like fabrics, made ups & home textiles as exports of raw materials may not rise further due to increasing local demand. While felicitating the winners of TEXPROCIL Export Awards 2020 – 2021 on 23 rd August 2022 in Mumbai, he […]
Union Textile Minister, Piyush Goyal gave a five-Point Mission to the Indian textile industry while inaugurating the 10th Asian Textile Conference in New Delhi. He said if the industry focuses on innovation, sustainability, digitisation, newer products and utilisation of Free Trade Agreements (FTAs), it can expand its size to $250 billion in the next 5-6 years […]
Proposed total investment of Rs. 19,077 crore and a projected turnover is Rs. 184,917 crore with scope for employment generation of over 240,134 The Selection Committee chaired by Secretary, Ministry of Textiles, Shri U.P. Singh has selected 61 applicants under Production Linked Incentive (PLI) Scheme for Textiles. A total of 67 applications were received for […]
With a view to realise the vision of Hon’ble Prime Minister Shri Narendra Modi of building an Aatmanirbhar Bharat and to position India strongly on the Global textiles map, the Government has approved the setting up of 7 PM MITRA parks as announced in Union Budget for 2021-22. PM MITRA is inspired by the 5F […]
Union Minister of Commerce & Industry, Consumer Affairs and Food & Public Distribution, Mr. Piyush Goyal today took charge of the Ministry of Textiles from the Union Minister of Women and Child Development, Ms. Smriti Zubin Irani. The Minister of State for Textiles, Ms. Darshana Vikram Jardosh also took charge. Mr. Piyush Goyal thanked Prime […]
A formal Memorandum of Understanding (MoU) signing ceremony was held between Textiles Committee, Ministry of Textiles, Government of India and Nissenken Quality Evaluation Centre Japan, through video conferencing here today. The Union Cabinet chaired by Hon’ble Prime Minister in its meeting held on 2nd September, 2020 had given the approval for signing of a Memorandum […]
The turn of the decade proved to be an epic anticlimax. The promise and anticipation of prosperity and growth were undone by a tiny, invisible enemy. 2020 became a blur as frenetic activity on some dimensions erupted in contrast to an eerie, frozen stillness in others. We will look back at the year not so […]