Garments

Govt doubles import duty on over 50 textile products to promote domestic manufacturing

The imported products which have become expensive include woven fabrics, dresses, trousers, suits and baby garments

Khadi sales up 33% to Rs 2,005 cr in FY17; seen crossing Rs 5,000 cr in FY19

The khadi and village industries commission (KVIC) said in a statement that it expects to surpass the sales target of Rs5,000 crore in 2018-19

India adds 7.2 mn to its workforce annually, says study

Around 7.2 million Indians are being added to the workforce annually since 2012-13, which will take the total size of the workforce to 485.6 million by 2016-17

Exports surge 82 percent to $29 billion in July

The sectors which did well during the April-July period include engineering at $31.6 billion, gems and jewellery at $12.8 billion, petroleum and oil products at $18.6 billion, and electronics at $3.72 billion.

Madura PE deal will allow apparel business to take off

Clothing represents about 5% of household expenditure, according to government data (on private final consumption expenditure). The total clothing market currently could be around $25-30 billion.