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Tag: textiles

Indian garment exporters hope for tariff-rate quota from the U.S.

Posted on July 29, 2026 By admin
Indian garment exporters hope for tariff-rate quota from the U.S.

Indian garment exporters are hoping for tariff-rate quota, which countries such as the Bangladesh have got, from Washington as India is also a major buyer of U.S. cotton. Officials in a couple of textile and apparel export promotion councils told The Hindu on Wednesday that the Indian government is trying to negotiate with the U.S….

Read More “Indian garment exporters hope for tariff-rate quota from the U.S.” »

Business

Union government sets $21 billion textile export target for Tamil Nadu by 2030

Posted on June 28, 2026 By admin
Union government sets  billion textile export target for Tamil Nadu by 2030

Union Textile Minister Giriraj Singh (right) interacted with garment exporters in Tiruppur on Sunday. | Photo Credit: SIVA SARAVANAN S. The Union government has set a target of $21 billion worth textile and apparel exports from Tamil Nadu by 2030, said T.N. Venkatesh, Principal Secretary, Department of Handlooms, Textiles, Khadi, and Handicrafts, Tamil Nadu, in…

Read More “Union government sets $21 billion textile export target for Tamil Nadu by 2030” »

Nation

Tamil Nadu Government Order on free dhotis for Pongal distribution to be issued soon

Posted on June 25, 2026 By admin
Tamil Nadu Government Order on free dhotis for Pongal distribution to be issued soon

Minister for Handlooms, Textiles and Khadi M. Vijay Balaji speaking to The Hindu in Coimbatore on Thursday. S. Siva Saravanan | Photo Credit: S. Siva Saravanan The Tamil Nadu government will issue an order by the end of this month or early July on production of dhotis and sarees for free distribution during Pongal, said…

Read More “Tamil Nadu Government Order on free dhotis for Pongal distribution to be issued soon” »

Nation

Credible and creditable: On Union Budget 2026-27

Posted on February 2, 2026 By admin
Credible and creditable: On Union Budget 2026-27

Where Budget 2025 was largely dominated by the income-tax rate and slab relaxations, Budget 2026 has done away with Big Bang measures. Instead, its scattershot approach, through various sectoral and issue-based measures, when taken together, is aimed at propelling India’s growth over the medium term. Given the level of geoeconomic and geopolitical uncertainties that the…

Read More “Credible and creditable: On Union Budget 2026-27” »

Business

Textile, apparel export see sharp decline in October; government rescinds QCO on viscose fibres

Posted on November 18, 2025 By admin
Textile, apparel export see sharp decline in October; government rescinds QCO on viscose fibres

With the U.S. tariffs hitting hard, apparel and textile exports saw a 12.91% slump in October compared with last October. While textile shipments last month were worth $1,597 million, apparel exports were $1,069.42 million, as against $1,833 million (textiles) and $1,227 million (apparel) in October 2024. Exports of jute and carpets dropped 27.27% and 15.8%…

Read More “Textile, apparel export see sharp decline in October; government rescinds QCO on viscose fibres” »

Business

Tamil Nadu government provides interest subsidy to modernise textile mills

Posted on December 13, 2024 By admin
Tamil Nadu government provides interest subsidy to modernise textile mills

Representational image. File | Photo Credit: S. Siva Saravanan The Department of Handlooms, Handicrafts, Textiles and Khadi, Government of Tamil Nadu, has allocated ₹10 crores for the current financial year (2024-2025) to implement the 6% interest subvention scheme for textile mills that want to invest and upgrade technology. According to an order dated December 9,…

Read More “Tamil Nadu government provides interest subsidy to modernise textile mills” »

Business

Apparel exports register 11.84% growth in July

Posted on August 15, 2024 By admin
Apparel exports register 11.84% growth in July

Workers inspecting garments at a knitwear export unit in Tiruppur. File | Photo Credit: SIVA SARAVANAN S Apparel exports continued to grow, registering an 11.84% year-on-year increase in July 2024. While textile exports last month remained almost the same at $ 1660.36 million as against $ 1663.06 million in July 2023, apparel exports were $…

Read More “Apparel exports register 11.84% growth in July” »

Business

Global textile industry concerned about continuing weak demand

Posted on June 22, 2024 By admin
Global textile industry concerned about continuing weak demand

A woman inspects garments at a knitwear export unit in Tiruppur. File | Photo Credit: S. Siva Saravanan The global textile industry, including textile machinery and garment manufacturing, continues to be concerned about “weak demand” in the market, according to a recent survey. The latest results of the International Textile Manufacturers Federation (ITMF) Global Textile…

Read More “Global textile industry concerned about continuing weak demand” »

Business

Cotton position comfortable, says SIMA

Posted on March 22, 2024 By admin
Cotton position comfortable, says SIMA

The Committee on Cotton Production and Consumption (COCPC), at a recent meeting, estimated cotton production this season, ending September, at 323 lakh bales and exports 27 lakh bales. The Cotton Association of India (CAI), however, said production will be 309 lakh bales mainly because it expects production in Telangana to be 34 lakh bales against…

Read More “Cotton position comfortable, says SIMA” »

Business

Donear to invest ₹400 crore in Jammu

Posted on March 8, 2024 By admin
Donear to invest ₹400 crore in Jammu

Fabric maker Donear will invest ₹400 crore in Jammu to make carpets and rugs, said Rajendra Agarwal, its Managing Director. The company has purchased land in Jammu and the plant will be operational in 24 months. Almost 90 % of the products made there will be exported and with this unit, Donear will venture into…

Read More “Donear to invest ₹400 crore in Jammu” »

Business

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