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Page 4 - Textile Sector

Coronavirus: Textile secy suggests India capture apparel mkt ceded by China

Capoor said it would be the right time to bring the industry together and have a small dialogue to "see how the industry associations are prepared for this opportunity"

Coronavirus: Textile secy suggests India capture apparel mkt ceded by China
Updated On : 19 Feb 2020 | 7:25 PM IST

New national textile policy will address all issues, says secy Ravi Capoor

This was announced on Wednesday during an interactive session with captains of the textile industry in the region

New national textile policy will address all issues, says secy Ravi Capoor
Updated On : 13 Feb 2020 | 7:58 PM IST

Weak policy fabric

India's textile sector needs wider reforms

Weak policy fabric
Updated On : 15 Oct 2019 | 11:26 PM IST

A champion for the rag trade

Shahi Exports MD, Harish Ahuja tells Business Standard the government needs a free trade agreement with Europe fast to ensure a level-playing field with Bangladesh and Vietnam

A champion for the rag trade
Updated On : 21 Sep 2019 | 8:44 AM IST

K Radharaman of the House of Angadi is reinventing the weave

How K Radharaman, founder of Bengaluru's House of Angadi, is helping to shape the course of India's textile history

K Radharaman of the House of Angadi is reinventing the weave
Updated On : 23 Aug 2019 | 10:02 PM IST

Textiles continue to gasp for growth with sliding production, low exports

Barring few months, apparel exports are continuously declining since October 2017

Textiles continue to gasp for growth with sliding production, low exports
Updated On : 01 Jun 2019 | 11:47 PM IST

Textile Ministry launches scheme to develop knitting and knitwear sector

Industry representatives said the scheme would help in achieving the vision target of Rs 1 trillion by 2022

Textile Ministry launches scheme to develop knitting and knitwear sector
Updated On : 01 Mar 2019 | 3:14 PM IST

Letter to BS: The delay in getting tax refunds paralyses textile sector

The overall economic impact is not taken into account while deciding policies

Letter to BS: The delay in getting tax refunds paralyses textile sector
Updated On : 31 Jan 2019 | 9:10 PM IST

Textile package suffers delivery failure due to demonetisation, GST

Imaginatively designed incentives to grow jobs in the textile sector ran into the unforeseen headwinds of demonetisation and GST

Textile package suffers delivery failure due to demonetisation, GST
Updated On : 31 Jan 2019 | 2:56 AM IST

Indian textile mills heading to Ethiopia to take on Bangladesh, Cambodia

The African nation offers much cheaper labour and power, apart from easier access to key markets, plug-and-play infra for new plants, and friendly tax laws

Indian textile mills heading to Ethiopia to take on Bangladesh, Cambodia
Updated On : 21 Jan 2019 | 5:55 PM IST

Volatility in crude oil prices pinches synthetic textile manufacturers

Raw material buyers in the synthetic textile industry disappeared from the market amid expectations of a further fall in prices

Volatility in crude oil prices pinches synthetic textile manufacturers
Updated On : 19 Jan 2019 | 2:37 AM IST

After GST blow, Gujarat textile units get jitters over incentive scheme

Surat has seen daily production fall from 40 million metre per day to 25 million metre per day

After GST blow, Gujarat textile units get jitters over incentive scheme
Updated On : 15 Jan 2019 | 12:47 AM IST

Outdated labour laws, low incentives hampering textile sector: Report

The report called for innovation in terms of new products, new business models and collaborations

Outdated labour laws, low incentives hampering textile sector: Report
Updated On : 06 May 2018 | 2:00 PM IST

Revise GST, impose anti-dumping duty to boost textile sector: Parl panel

It observed that against the Textile Ministry's proposed outlay of Rs 101.09 billion during the year 2018-19, the Ministry of Finance have approved Rs 71.47 billion only

Revise GST, impose anti-dumping duty to boost textile sector: Parl panel
Updated On : 14 Mar 2018 | 8:32 PM IST

Govt clears Rs 1,300-cr skill dev scheme for textile sector

The Union Cabinet today approved a new skill development scheme having an outlay of Rs 1,300 crore with an aim to create jobs in the organised textile and related sectors. The decision was taken at a meeting of the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi here. The scheme will cover the entire value chain of textiles, excluding spinning and weaving in the organised sector. Around 10 lakh people are expected to be skilled and certified in various segments of the textile sector through the scheme, out of which 1 lakh will be in traditional sectors, an official statement said. At least 70 per cent of the certified trainees are to be placed in the wage employment and post-placement tracking will be mandatory under the scheme, it added. "The Cabinet approves a new skill development scheme covering the entire value chain of the textile sector excluding Spinning & Weaving in the organised sector, titled 'Scheme for Capacity Building', ..

Govt clears Rs 1,300-cr skill dev scheme for textile sector
Updated On : 21 Dec 2017 | 2:00 AM IST

Sops lower than pre-GST ones: Textile sector

Industry body SIMA expected the Centre to increase RoSL rates by at least 2-3%

Sops lower than pre-GST ones: Textile sector
Updated On : 27 Nov 2017 | 1:55 AM IST

Telangana sops for textile sector a wake-up call for Tamil Nadu

Telangana Government has announced new incentives to attract investments in Textiles and apparel sector. However this is seen as a wakeup call for Tamil Nadu government to save the huge investment from shifting. Telangana has offered 1,000 acres of land and a mega textile park. It also offered plug and play so that industries can move just like that. Telangana's capital and operational incentives will be applicable for both new as well as existing units for the next five years for both existing and new units. The state also warned if the units are not adequately compensating the workers they will face action.Telangana is largest producer of cotton in southern region and has around 17 per cent share in India's total cotton crop The development comes three months after K T Rama Rao, Telangana Chief Minister K C Rao's son visited knitwear capital Tirupur and textile city of Coimbatore. Tamil Nadu accounts for one-third of the $120 billion Indian textiles industry, major chunk comes from .

Telangana sops for textile sector a wake-up call for Tamil Nadu
Updated On : 22 Aug 2017 | 1:47 AM IST

Sharp rupee appreciation challenge for domestic home textile sector: Report

Major players like Bombay Dyeing, Trident, have seen a sharp turnaround in profitability

Sharp rupee appreciation challenge for domestic home textile sector: Report
Updated On : 29 Jul 2017 | 10:16 PM IST

Pitching the Liva effect: Know Birla Cellulose's approach towards branding

How often does one buy clothes for an ingredient rather than the label it wears?

Pitching the Liva effect: Know Birla Cellulose's approach towards branding
Updated On : 06 Apr 2017 | 11:01 PM IST

Texprocil seeks special package for made-ups sector

Textile ministry had announced a special package of Rs 6,000 cr for garments, but had excluded made-ups

Texprocil seeks special package for made-ups sector
Updated On : 06 Jul 2016 | 6:52 PM IST