Textile & Apparel Exports

Increased capacity utilisation, softening cotton prices set to help sector: Analysts

At the bourses, shares of textile stocks like KPR Mills, Welspun India, and Vardhman Textiles have tumbled up to 45 per cent so far this year.

Textiles Secretary Upendra Prasad Singh said the country's apparel industry must focus on vertical integration to increase its scale and size to benefit from the production-linked incentive scheme

RBI has announced the decision of the MPC to keep the major policy repo rate at 4 per cent and reverse repo rate at 3.35 per cent unchanged

The government on Friday notified RoSCTL scheme for textiles exporters and said duty credit scrips under this support measure would be issued without insisting on realisation of the export proceeds

Says country's apparel exports can double in three years if disadvantages in trade pacts are removed and positive sentiment leveraged

The sharp decline has impacted entire value chain of cotton farmers, ginners, spilling mills, fabric makers and textile and apparel producers

Most units say there are no orders as retailers haven't resumed operations

India's textile and apparel exports stood at Rs 203.53 billion for October 2018 as against Rs 147.79 billion in the corresponding month last year