Textile Industry

Manufacturing sector posts strong sales growth in Q2 on robust demand in iron, steel and petroleum: RBI

Demand condition in the manufacturing sector "maintained its pace in the September quarter 2018-19 as reflected in strong sales growth

Hike in minimum support price of cotton will make fibre expensive, may hit textile sector, says industry body CITI

Hike in minimum support price of cotton would make Indian cotton fibre relatively expensive with respect to international prices and inflate prices of its products, CITI said

Maharashtra allows industrial land to be put to residential or commercial use; move reminiscent of mills' redevelopment

In order to create more affordable housing in the state, Maharashtra has cleared the conversion of industrial zones into residential and commercial ones.

Clothes with wearable sunscreen to anti-bacterial fabrics, how nanomaterials are changing lives

Anti-bacterial, self-cleaning or even UV ray resistant, a silent technological revolution is on in the business of textiles with nanomaterials

Textile ministry pushes for FTA with EU to boost international trade, says official

While Bangladesh enjoys preferential treatment and tax benefits for textile exports, India has greater competitive advantage in terms of environmental compliances.

Smriti Irani's 'demotion' to Ministry of Textiles may be a covert promotion

It may just be a clever decision to still keep Smriti Irani as one of the most important ministers and yet quell controversies which have surrounded her.

Textiles industry seeks cut in excise duty on man-made fibres

In its pre-budget memorandum to Finance Minister P Chidambaram, Confederation of Indian Textiles Industry (CITI) said: "The duty on man-made fibres and their raw materials may be reduced to 8 percent from the current 12 percent."

Textiles: Govt to restructure debt worth Rs 5,000 cr

Despite demand slowdown from US and Europe, the government is pumping in Rs 5000 crore into the cash-starved Textile industry and has revised its export target to $40.5 billion for 2012-13.

Modi seeks Japanese investment in Gujarat's textile sector

During Modi's address at another seminar in the city, the chief minister said that bond between Gujarat and Japan has become firmer during the last five years.

Shock cotton exports ban hurts India's image, sends prices surging

India's surprise ban on cotton exports which came unexpectedly from left field caused US cotton futures to surge on Monday igniting fears of a jump in prices for cotton goods.