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Agriculture And Allied Industries

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Synthetic textile manufacturers plan to expand capacity in 3 years

Mumbai: Synthetic textile manufacturers in India are planning to invest about Rs 70,000 crore (US$ 9.70 billion) to achieve a cumulative capacity addition of 500,000 tonnes in the ...

March 29, 2019

Cabinet approves Scheme to Rebate State and Central Embedded Taxes to Support the Textile Sector

New Delhi:  Mr. Narendra Modi, Prime Minister of India has approved the Scheme to Rebate State and Central Embedded Taxes to support the textile sector.

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March 08, 2019

Textiles Minister Launches Scheme for Development of Knitting and Knitwear Sector

New Delhi: A comprehensive scheme for the development of knitting and knitwear sector under PowerTex India was launched by Ms Smriti Zubin Irani, Minister of Textiles, Government o...

February 28, 2019

Textiles Minister Launches four projects in North East for the development of Silk Sector

New Delhi: Four projects were launched in North-East India for development of silk sector by Ms Smriti Zubin Irani, Minister of Textiles, Government of India, on February 19, 2019 ...

February 19, 2019

Government to Give Major Boost to Technical Textiles Sector: Textiles Minister Smt. Smriti Zubin Irani

Mumbai: India’s technical textiles industry has the potential to grow up to Rs 2 lakh crore (US$ 28.07 billion) by 2020-21, driven by 207 Harmonized System Nomenclature (HSN)...

January 30, 2019

Agreements signed for Direct Sourcing of Handloom Products

New Delhi: The Government of India and textile companies in the country have signed an agreement to enable direct sourcing of requirements for handlooms from the handloom clusters....

January 29, 2019

Falling crude oil price to boost margins of synthetic textile manufacturers

Mumbai: Profit margins for synthetic textile manufacturers in India are expected to enhance during January-March 2019 on the back of falling crude oil prices.

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December 21, 2018

India's textiles sector needs 17 mn additional workforce by 2022: Govt

New Delhi: India's textile sector will require 17 million additional workforce by 2022, according to the Ministry of Textiles.

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December 21, 2018
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