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Tuesday, 5 July 2022

PLI scheme for apparel manufacturing! Government bodies engaged in dialogue

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Following an enthusiastic response to Production Linked Incentive (PLI) scheme, the Government will soon put up before the Cabinet another PLI scheme –for apparel manufacturing. Importantly, dialogue is going on amongst the textiles ministry, Department for Promoti..

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Monday, 4 July 2022

‘Relief’ on cotton price front!

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After unprecedented hike in cotton prices, now there are enough chances that prices can fall below Rs. 30,000 a bale by the end of 2022. Domestic cotton prices have lost about 18 per cent from their record highs of Rs. 50,330 a bale, while they fell 18 per cent in ICE futures and 11 pe..

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Saturday, 2 July 2022

UK to provide US $ 80 million support to construct 4 new apparel facilities in Jordan

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UK Export Finance (UKEF) has signed a US $80 million (GBP 66 million) deal to support the construction of four new apparel facilities in Aqaba, Jordan. The initiative aims at facilitating the construction of factories for Classic Fashion Apparel Industry Group, which include three sate..

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Tuesday, 28 June 2022

Kalaburagi (Karnataka) may get Mega Integrated Textile Park

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Karnataka’s Large and Medium Industries Minister Murugesh R. Nirani has hinted that a Mega Integrated Textile Park under the Prime Minister Mega Integrated Textile Region and Apparel (PM-MITRA) scheme would come up in the Kalaburagi district. The Minister said that..

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Monday, 27 June 2022

Asian garment factories face numerous challenges as industry evolves: ILO

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The International Labour Organization (ILO) has said that Asia remains the garment factory of the world, yet the sector faces an array of challenges many of which have been accelerated by the Covid-19 pandemic. Reviewing employment, wages and labour productivity in the Asian garment se..

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Saturday, 25 June 2022

India increasing exports with a ‘Whole of Government’ approach: Prime Minister

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Prime Minister Narendra Modi has said that every ministry, and every department of the Government is giving priority to increasing exports with a ‘Whole of Government’ approach. Be it the Ministry of MSME or Ministry of External Affairs, Agriculture or Commerce, all are mak..

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Wednesday, 22 June 2022

Rajasthan (India) urges approval for Park under PM MITRA scheme

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The Rajasthan Government has urged the Union Textile Ministry to approve the proposal of Textile Park at Kankani in Jodhpur under Prime Minister Mega Integrated Textile Region and Apparel (PM MITRA) scheme. With textile and apparel manufacturing hubs like Bhilwara and Jaipur, Rajasthan..

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Tuesday, 21 June 2022

Indian apparel industry is on growth track – thanks to companies’ resilience and adaptation to the global pace

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Over the last few months, Apparel Resources (AR) has continuously reported the performance of Indian textile and apparel industry and the growth story continues even till the end of FY ’22. As per the official data of Ministry of Commerce and Industry, India’s textile and apparel sec..

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Monday, 20 June 2022

SIMA Texfair-2022 expected to generate business worth Rs. 1,500 crore

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With more than 220 exhibitors displaying machinery and accessories in 300+ stalls, the much-awaited textile machinery event– SIMA Texfair-2022 of Southern India Mills’ Association– will be organised in Coimbatore from 24 to 27 June. It’s worth mentioning that th..

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Saturday, 18 June 2022

AEPC discusses problems of AEO Scheme with Government officials

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Apparel Export Promotion Council (AEPC) organised a webinar on Authorized Economic Operator (AEO) Scheme with Director General of Taxpayer Services (DGTS), Department of Revenue, Ministry of Finance. Salik Parwaiz, Additional Commissioner (WCO Cell), Directorate of International Custom..

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Friday, 17 June 2022

Panipat’s dyers to keep their units closed on Saturdays

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Due to increasing price of coal and chemicals, the dyeing industry of Panipat is facing challenges. The dyers of the textile city have collectively decided to keep their units closed during the weekend as they are not in a position to continue with their business. It&rsq..

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Tuesday, 14 June 2022

India formulated 500+ standards for technical textile products in last decade

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UP Singh, Secretary, Ministry of Textiles has said that standards provide a facilitating framework for technical textiles’ manufacturers in India. Continuous adoption and upgradation of the standards for each product category and segment will have a positive impact..

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Monday, 13 June 2022

Madhya Pradesh’s Sukhpuri cluster gets approval, can have around 250 factories

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Sukhpuri in Burhanpur (Madhya Pradesh) can have around 250 factories in coming months as it has given consent to invest in the newly proposed textile cluster. The Special Purpose Vehicle (SPV) Burhanpur Sukhpuri Textile Cluster Association has pegged the likely investment in the cluste..

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Saturday, 11 June 2022

Bihar CM assures complete support to textile investors

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Bihar Chief Minister Nitish Kumar has said that industrial development in the state had taken off in a big way now and the state will support the investors completely. Launching the textile and leather policy of the state, at the investors’ meet in Patna, the CM sa..

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Tuesday, 7 June 2022

Erode Textile Mall eyes B2B and B2C segments

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Texvalley, owned by Erode Textile Mall, would be setting up its first mall in Erode to serve B2B and B2C segments through large format stores. The company has claimed that the mall is expected to serve the nearby textile clusters such as Karur, Tirupur, Coimbatore and Salem. Texv..

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Monday, 6 June 2022

Delight Group to adapt and verify the production of Good Earth Cotton in India

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Delight Group, and the Delight Health and Wellness Foundation, are taking a leadership role by partnering with Good Earth Cotton and conducting the research and development necessary to learn from and adapt the programme and principles. This programme represents a first-..

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Friday, 3 June 2022

Indian home textile manufacturer Trident Limited announces 53% increase in net revenue

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Trident Limited, one of the largest players of home textile in India, announced its financial results for the quarter and year ended 31 March 2022. For FY’22, the net revenue of the company increased by 53 per cent to Rs. 69,415 million as compared to Rs. 45,353 million in FY&rsq..

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Tuesday, 31 May 2022

Textile Advisory Group meeting held in Mumbai (India) discusses various issues

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Union Minister of Textiles, Commerce & Industry Piyush Goyal held an interactive meeting with the newly constituted Textile Advisory Group in Mumbai. UP Singh, Secretary (Textiles),initiated deliberations with the Textile Advisory Group which hassenior officials from..

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Monday, 30 May 2022

Traidcraft Exchange and partners gear up for ‘Hidden Homeworkers’ programme

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Homeworking has a strong gender dimension as the majority of home-based work is done by women. This is an important source of livelihood for millions of women in South Asia. However, they are often engaged in the informal tiers of the supply chain – hidden from the sight of auditors an..

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Saturday, 28 May 2022

Ban on cotton exports now is unlikely to serve any purpose: Textile Secretary

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Indian apparel manufacturers have been constantly urging the Government to ban cotton export amidst the unprecedented high prices of cotton and cotton yarn. However, Ministry of Textiles (MoT) has said that a ban on cotton exports, at this juncture, is unlikely to serve any purpose. ..

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Friday, 27 May 2022

Tamil Nadu (India) forms 16-member committee for textile and apparel industry

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For the development of the textile and handloom industry, the Tamil Nadu Government has invited 16 members from various industrial associations to be part of the technical advisory committee. It will be a permanent body with Chennai as the headquarters and its meeting will be once in t..

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Thursday, 26 May 2022

MoT may soon take a decision as industry’s demand over cotton trade continues

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As the apparel industry strongly urges the Government to ban the futures trading of cotton, expect the Government to take action on the same in the coming days. The industry is of the view that futures trading cotton is adding to market speculations and further driving up fibre prices...

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Wednesday, 25 May 2022

Vardhman Textiles reports highest ever profits

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Vardhman Textiles Limited, the leading textile conglomerate, has reported highest ever profits in its history. Notably, it recorded net profit of Rs. 1,677.44 crore for FY’22 as against Rs. 366.74 crore in FY’21, at an increase of 357.39 per cent, on a standalone basis. The..

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Tuesday, 24 May 2022

India’s cotton yarn export almost doubles in FY ’22!

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India’s cotton yarn exports reached US $ 5.21 billion in FY ’22 as compared to US $ 2.71 billion in FY ’21, tapping 92.32 per cent growth on yearly basis. The exports of cotton yarns almost doubled in just one year despite domestic outrages. Bangladesh topped th..

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Monday, 23 May 2022

India’s cotton yarn export almost doubles in FY ’22!

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India’s cotton yarn exports reached US $ 5.21 billion in FY ’22 as compared to US $ 2.71 billion in FY ’21, tapping 92.32 per cent growth on yearly basis. The exports of cotton yarns almost doubled in just one year despite domestic outrages. Bangladesh topped th..

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Thursday, 19 May 2022

Government announces formation of Cotton Council of India

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The Government has announced the formation of Cotton Council of India under the Chairmanship of Suresh Bhai Kotak, a renowned veteran cotton man. The council will have representation from Ministry of Textiles (MoT), Ministry of Agriculture, Ministry of Commerce, Ministry..

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Wednesday, 18 May 2022

Opposing hike in yarn price, Indian garment manufacturers stage protest

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The garment manufacturing units in Tamil Nadu’s Coimbatore, Tirupur, Erode and Karur districts are severely affected because of the cotton yarn price hike. And to protest this, industry takes to road now. There is a 2-day-long strike starting today to protest again..

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Tuesday, 17 May 2022

Opposing hike in yarn price, Indian garment manufacturers stage protest

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The garment manufacturing units in Tamil Nadu’s Coimbatore, Tirupur, Erode and Karur districts are severely affected because of the cotton yarn price hike. And to protest this, industry takes to road now. There is a 2-day-long strike starting today to protest against the cotton a..

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Monday, 16 May 2022

Massive investment announced by Sutlej Textiles and Industries in Jammu & Kashmir (India)

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India’s leading textile company Sutlej Textiles and Industries has announced setting up of a green field project at a cost of Rs. 914 crore in Jammu & Kashmir (J&K). The project will be funded through internal accruals and debt. It will be the first-ever te..

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Saturday, 14 May 2022

Cotton prices are at an 11-year high in India!

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Seemingly cotton prices aren’t in mood to decline any sooner! In fact, the prices have surged nearly 40 per cent in 2022 alone and reached at an 11-year highon the back of a demand-supply mismatch. Reportedly, the high prices of cotton are impacting cotton yarn spinners and cotto..

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Friday, 13 May 2022

SIMA appeals textile value chain to stand united to mitigate cotton and yarn price crisis

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The Southern India Mills’ Association (SIMA) has appealed to the textile value chain to stand united in the efforts to mitigate the cotton and yarn price crisis. In a statement, Ravi Sam, Chairman, SIMA, has appealed to all the stakeholders in the value chain to adopt win-win str..

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Thursday, 12 May 2022

Massive investment announced by Sutlej Textiles and Industries in Jammu & Kashmir (India)

India’s leading textile company Sutlej Textiles and Industries has announced setting up of a green field project at a cost of Rs. 914 crore in Jammu & Kashmir (J&K). The project will be funded through internal accruals and debt. It will be the first-ever textile plant in ..

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Wednesday, 11 May 2022

Government to explore possibilities to make CCI sell cotton directly to mills

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The cotton shortage crisis as well as the high price of cotton and cotton yarn have become severe. However, there have been various developments on this issue. Union Finance Minister Nirmala Sitharaman has said the Government will explore if there is possibility for Cotton Corporation ..

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Tuesday, 10 May 2022

Indian apparel export towards right track but challenges are as usual!

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Post-quota, this is most probably the first time that Indian apparel export is having reasonably good orders as more and more buyers are looking towards India. Government is not only aggressively working on FTAs but also taking positive steps at the policy level – both medium and at the to..

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Monday, 9 May 2022

Punjab (India) can get a textile park under PM MITRA!

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In what could be another boost for the textile industry in Punjab, a textile park in the state may end up getting an approval under the PM MITRA scheme. Over 1,000 acres of land at Koom Kalan in Ludhiana have been identified for the park. A high-level delegation, led by Union Tex..

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Saturday, 7 May 2022

Master developers to bear 70% cost in PM MITRA: MoT

The Ministry of Textiles (MoT) has said that private master developers will need to foot 70 per cent of the cost incurred in developing an integrated value chain in a mega textile park. The availability of a real estate master developer would be a key condition for clear..

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Thursday, 5 May 2022

Yarn prices hiked by Rs. 40 per kg, apparel exporters reiterate on banning cotton and cotton yarn exports

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Much to the shock of the garment manufacturers, especially in Tamil Nadu, textile mills have increased the yarn prices by Rs. 40 per kilogram for all counts on Monday (2nd May) and this has happened at a time when the survival of knitwear exporting units is at stake due to various other adve..

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Saturday, 30 April 2022

Tamil Nadu’s efforts to support the textile industry continue

Tamil Nadu has been continuously supporting the textile industry in the state! The State Government will soon establish a mega textile park, which is likely to come up in Virudhunagar and would be under the PM Mega Integrated Textile Regions and Apparel Parks (MITRA) scheme. It i..

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Friday, 29 April 2022

Indian apparel manufacturers’ revenue can grow 16-18% this fiscal: Crisil

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A report of rating firm Crisil says that the supply chain disruptions in countries like Sri Lanka and China, could benefit Indian apparel manufacturers that could see an uptick in revenue and growth of 16-18 per cent this fiscal. At the same time, with domestic demand an..

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Thursday, 28 April 2022

Indian Government may impose a temporary ban on cotton exports if cotton prices continue to surge

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The Ministry of Textiles (MOT) has said that the Government may impose a temporary ban on cotton exports if cotton prices continue to surge. Just a week back, the Government had waived 11 per cent customs duties on imported cotton until September. Cotton prices..

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Wednesday, 27 April 2022

Apparel manufacturing unit of 250 machines to be set up in Odisha’s tribal area

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With the investment of Rs. 2.79 crore, an apparel manufacturing unit will be set up in the tribal-dominated Kuchinda sub-division of Odisha’s Sambalpur district. The land for the project has been identified and the unit is expected to be operational by March 2023. Ujjwala A..

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Tuesday, 26 April 2022

India’s Century Textiles and Industries Limited witnesses 54% textile turnover surge

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Century Textiles and Industries Limited (CTIL) announced its Q4 and annual results today! Notably, the net sales of the company touched Rs. 1,187 crore in Q4, while the same was Rs. 810 crore in Q4 FY21. For FY22, the sale was Rs. 4,067 crore, compared to Rs. 2,564 crore in FY21...

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Monday, 25 April 2022

Indian apparel exporter Pearl Global acquires Alpha Clothing Limited

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India’s leading apparel exporter Pearl Global Industries Limited’s wholly owned subsidiary at Hong Kong, namely Pearl Global (HK) Limited, has acquired 52.11 per cent equity capital of Bangladesh-based Alpha Clothing Limited for a consideration of US $ 1.05 million. ..

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Friday, 22 April 2022

CRB releases Circular Textiles and Apparel in India: Policy Intervention Priorities and Ideas report

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The Centre for Responsible Business (CRB), a Delhi-based think-thank dedicated to sustainability, has come up with a report titledCircular Textiles and Apparel in India: Policy Intervention Priorities and Ideas. The report of 49 pages was released byUP Singh, Secretary, ..

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Thursday, 21 April 2022

Gujarat’s textile giant Chiripal Group gears up for huge investment in MP

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The Gujarat-based textile giant Chiripal Group has proposed to invest Rs. 5,400 crore in the state for setting up a solar cell and a textile unit in Ratlam (Madhya Pradesh). The management team of Chiripal Group including Jyotiprasad Chiripal, Director; Deepak Jain, President (commercial); V..

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Wednesday, 20 April 2022

Indian states focus more on cotton production

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It is heartening to see various Governments put their best efforts to increase the cotton production – especially at a time when cotton price and availability continue to be a major concern for the Indian textile industry. Telangana Government, reportedly, is targeting to increas..

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Tuesday, 19 April 2022

Cotton price to come down soon!

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Indian textile industry believes that the Government’s decision to remove import duty on cotton import until 30 September is likely to help bring down prices of the commodity. It is also said that the industry might not seea long-term impact on prices. UP Singh, Textile Secretary..

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Monday, 18 April 2022

Industry estimates duty-free import will not exceed 40 lakh bales during current season

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Textile industry estimates that the duty-free import will not exceed 40 lakh bales during the current season. Moreover, it will take three to four months’ time for the imported cotton to reach the Indian textile mills. Since the cotton farmers have already sold the cotton crop (o..

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Thursday, 14 April 2022

Cotton import is now duty free till 30 September

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In a big relief for the Indian textile and apparel industry, the Government has allowed duty free import of cotton until 30 September 2022. Notably, there was so far 11 per cent import duty (5 percent basic customs duty and 5 percent agri infra development cess) on cotto..

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Wednesday, 13 April 2022

Quality Knit Wears (India) increases kidswear capacity by 35%

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Quality Knit Wears Pvt. Ltd., a leading knitwear garment export house based in Madurai and Tirupur (India), has increased its production capacity by 35 per cent in one of its factories. The capacity expansion has come timely as overseas buyers are moving to India to increase sourcing o..

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Tuesday, 12 April 2022

Isabelle Moulin, French textile artist,insists to explore potential of Silk export

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Isabelle Moulin, a celebrated French textile artist, has said Indian silk has so far only catered to the needs of the people, and the potential for export has not been explored. “Now with the open market, I am sure India will catch up as far as the use of silk is concerned. With ..

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Saturday, 9 April 2022

West India – The Current Hotspot for Apparel Manufacturing

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One development that has been happening over the last 5-6 years, but has now gained momentum and also become visible is the coming up of garment manufacturing units in the Maharashtra-Gujarat belt. It is not as if this region is unknown to garment manufacturing, but traditionally the belt is a t..

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Wednesday, 6 April 2022

Indian textile and apparel industry in quagmire! 5 industry leaders meet Piyush Goyal

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As the Indian textile and apparel industry continues to struggle due to skyrocketing raw material prices, industry leaders remain on their toes for a solution. A delegation comprising members of National Committee on Textiles and Clothing (NCTC), covering almost the entire textile supp..

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Tuesday, 5 April 2022

Darshana Jardosh, Union Minister of State for Textiles meets Tamil Nadu’s textile sector

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Darshana Vikram Jardosh, Union Minister of State for Textiles, chaired an interactive session with key stakeholders of Tamil Nadu’s textile sector in Chennai. Roop Rashi, Textiles Commissioner; Dharmendra Yadav, Principal Secretary of Tamil Nadu and other state officials were also pres..

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Monday, 4 April 2022

India top export destination for Chinese sewing machinery companies in Jan.-Feb. ’22

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Apparel manufacturing businesses are on revival mode and countries such as India, Bangladesh and Pakistan are busy catering to buyers’ orders all these months. The same can be realised seeing China’s sewing machine export data released by General Administration of Customs o..

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Saturday, 2 April 2022

India top export destination for Chinese sewing machinery companies in Jan.-Feb. ’22

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Apparel manufacturing businesses are on revival mode and countries such as India, Bangladesh and Pakistan are busy catering to buyers’ orders all these months. The same can be realised seeing China’s sewing machine export data released by General Administration of Customs o..

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Friday, 1 April 2022

National Textile Corporation (NTC) to be private!

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If media reports are to be believed, the Union Government is putting the loss-making company National Textile Corporation (NTC) on the block. The cabinet approval for the sale would be sought soon. Incorporated in April 1968, the NTC is owned by Ministry of Textiles (MoT..

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Wednesday, 30 March 2022

Indian textile and apparel industry expected to reach US $ 344.1 billion by 2027

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The textile and apparel industry in India, which was approximately worth US $ 151.2 billion in 2021, is expected to reach US $ 344.1 billion by 2027. It is exhibiting a CAGR of 14.8 per cent during 2022-2027. IMARC Group’s latest research report, titled “Indian Textile and Appare..

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Saturday, 26 March 2022

2,500+ exhibitors! Stage is all set for 53rd IHGF Delhi Fair 2022

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The stage is completely set for the Export Promotion Council for Handicrafts (EPCH)’s 53rd edition of India Handicraft and Gift Fair (IHGF) – one of the world’s largest handicrafts fairs. The massive event is scheduled to take place from 30 March to 3 A..

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Friday, 25 March 2022

Madhya Pradesh (India) submits 4 proposals for the PM MITRA Parks

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Madhya Pradesh (MP) has filed four proposals for the PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks. This is maximum compared to proposals submitted by 13 states. MP has submitted proposals for the locations including Ratlam, Devas, Dhar and Katni. Karnataka has also su..

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Thursday, 24 March 2022

India poised to be world’s apparel factory: Narendra Goenka

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Narendra Goenka, Chairman, Apparel Export Promotion Council (AEPC), has said that India crossing US $400 billion merchandise exports marks the beginning of an era of exponential growth and dominance in world trade. Notably, Indian apparel exports have been able to streng..

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Wednesday, 23 March 2022

IPO of Swaraj Suiting (India) subscribed 12 times

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The initial public offer (IPO) of Bhilwara-based textile company Swaraj Suiting has been subscribed 12 times. The company issued the SME IPO of 1,908,000 equity shares of the face value of Rs. 10 aggregating up to Rs. 10.68 crore. The company, incorporated by Mohammed Sa..

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Tuesday, 22 March 2022

32,500 apparel workers in Bengaluru (India) lost their jobs in 3 years: Report

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Karnataka, a leading apparel manufacturing state with hubs like Bengaluru, has witnessed closure of over 180 apparel factories between 2019 and 2021 –consequently causing loss of jobs for about 32,500 workers. As per the data of the Department of Commerce, out of 32,500 jobless i..

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Monday, 14 March 2022

PLI: Against MoT’s expectation of Rs. 19,000 crore, 67 companies will invest Rs. 22,000

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The Ministry of Textiles (MoT) has received applications from 67 companies to avail benefits under the Production Linked Incentive (PLI) scheme for man-made fibres (MMF) and technical textile sectors. The Textile Ministry’s initial target was to draw 60 companies. The Gover..

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Friday, 11 March 2022

India’s textile exports expected to cross US $ 40 billion: MoT

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The Ministry of Textiles (MoT) has said that India’s textiles exports are expected to cross US $ 40 billion during the current fiscal. During an event, Textiles Secretary UP Singh said that India would not only touch US $ 40 billion exports target (but) should be crossing the US ..

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Thursday, 10 March 2022

HP Cotton Textile Mills (India) to establish wholly owned subsidiary for PLI

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HP Cotton Textile Mills, a leading textile company, will establish a wholly owned subsidiary for Production Linked Incentive (PLI) scheme for textiles. The firm is known for export of cotton specialty yarns and cotton sewing threads. It has a wide range of products like ..

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Wednesday, 9 March 2022

Government eMarketplace adds Stitching and Tailoring Services

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Government eMarketplace (GeM) has launched a new service vertical ‘Stitching and Tailoring Services’ on the GeM portal in partnership with USHA International Ltd. Apart from this, GeM will take few more steps to help women grow in the garment business. GeM is a 100 pe..

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Tuesday, 8 March 2022

Experts explain why India has all reasons to become a recycling hub

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India has all reasons to become a hub for recycling – especially from textile and apparel industry point of view – as there is huge pre-consumer waste and post-consumer waste. There is an immense need in the eco system to focus on recycling, and, notably,giant textile playe..

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Monday, 7 March 2022

Guru Nanak Dev University establishes Department of Apparel and Textile Technology

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Guru Nanak Dev University, the Amritsar-based leading University, has established a Department of ‘Apparel and Textile Technology’ at its main University campus. The department shall admit 20 students for M.Sc. (Apparel & Textiles) for academic session 2022-23. The B.Te..

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