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The Fabric of Trade: Chinese imports loom large over India's textile i…

The Fabric of Trade: Chinese imports loom large over India's textile industry

  The influx of Chinese fabrics into India has become a contentious issue, raising concerns about unfair competition, job losses, and the fate of the domestic textile industry. This influx raises concerns about legality and the future of domestic manufacturers. The issue is fairly complex. Policy tailwinds f... Read more

Indian Textiles on the Brink: Can a new policy save the day?

Indian Textiles on the Brink: Can a new policy save the day?

  The Indian textile industry, once a global powerhouse, is facing significant challenges. Declining exports, ailing infrastructure, and fierce competition threaten its future. In a recent report, a Parliamentary Committee recognized the need for urgent action and called for a comprehensive National Textile P... Read more

Textile Tussle: Anti-dumping duties spark trade friction between India…

Textile Tussle: Anti-dumping duties spark trade friction between India and China

  The textile industry, a crucial spoke in India and China’s GDP economic growth, has become a battleground for anti-dumping duties (ADD), raising concerns about business losses and the future of trade relations.  Tit for tat ADDs Both India and China have imposed ADD on imports from each other. ... Read more

New payment law for MSMEs shakes up India's textile trade

New payment law for MSMEs shakes up India's textile trade

  India's textile industry, a major contributor to the economy, is facing a ripple effect due to a new amendment in the Companies Act 2023. This amendment, aimed at improving liquidity for Micro, Small, and Medium Enterprises (MSMEs), mandates faster payments to these entities. While the long-term benefits ar... Read more

Textile PLI: Can revamped scheme stitch success and boost growth?

Textile PLI: Can revamped scheme stitch success and boost growth?

  The Production Linked Incentive (PLI) scheme, a government initiative to boost domestic manufacturing, has got mixed results in the Indian textile and apparel industry. While ambitious in its goals, the scheme's adoption by industry players has been sluggish, raising questions about its effectiveness in thi... Read more

Indian government’s new MSME payment rule sparks outrage, stakeholders…

Indian government’s new MSME payment rule sparks outrage, stakeholders urge rethink

  The South India Garment Association (SIGA) has raised alarm over the potential negative effect on the garment industry due to a new payment rule for Micro, Small, and Medium Enterprises (MSMEs). In a letter to Prime Minister Narendra Modi, SIGA urged for the repeal of Rule 43B(H) of Income Tax Act, claiming... Read more

Interim Budget 2024: India’s textiles industry seek GST cut, export bo…

Interim Budget 2024: India’s textiles industry seek GST cut, export boost, skills upgradation

  With the upcoming Union Budget expected to be an interim one, Indian textile and apparel industry is keeping its fingers crossed, hoping for measures that will provide much-needed fillip to the sector. Key industry bodies like AEPC, TEXPROCIL, SRTEPC, and CMAI have submitted their wishlist to the government... Read more

FTAs: Indian apparel industry at crossroads, a deep dive into opportun…

FTAs: Indian apparel industry at crossroads, a deep dive into opportunities and challenges

  India's vibrant apparel industry, known for its intricate craftsmanship and dazzling patterns, stands at a crossroads. Free Trade Agreements (FTAs) with the UAE and Australia promise alluring export avenues, but beneath the surface, anxieties over heightened competition and domestic vulnerabilities simmer. ... Read more

Can Indian textiles and apparel rebound to projected growth in 2024?

Can Indian textiles and apparel rebound to projected growth in 2024?

  India's textile and apparel industry, once a vibrant powerhouse, is facing a tough weave. Despite projections of robust growth, the sector struggles to translate potential into reality. Let's unravel the threads of this predicament, examining the roadblocks hindering progress and exploring potential pathway... Read more

Cotton price fluctuations impacting spinners especially in the South I…

Cotton price fluctuations impacting spinners especially in the South India

  India's cotton industry is experiencing significant volatility, with the recent report from CRISIL Ratings indicating a potential 13 to 15 per cent loss in revenue for Indian cotton spinning mills. The basis points are expected to decline by 250 to 300, largely attributed to lower downstream demand, invento... Read more

Bangladesh low-wage workers get support from US and EU

Bangladesh low-wage workers get support from US and EU

  Apparel retailers in the US and Europe , as the primary buyers of Bangladesh- garments have agreed to accept higher prices to help factories offset wage increases along with helping the daily survival of low-income workers, in a humanitarian move. Bangladesh factories that employ low-wage workers --mainly w... Read more

More comprehensive India-UK FTA will benefit bilateral trade

More comprehensive India-UK FTA will benefit bilateral trade

  The much-awaited bilateral free trade agreement (FTA) negotiations between India and the UK -- which wa proposed by Boris Johnson in April this year- may see the light of day by the end-of-year. The early harvest agreement pact had aimed to achieve up to 65 per cent of coverage for goods and up to 40 per ce... Read more

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Karnataka announces new textile policy for 2024-2029

  The Karnataka Government has formulated a new textile policy spanning from 2024 to 20... Read more

Centre extends RoSCTL scheme for apparel exporters

  The Central Government has announced an extension of the Rebate of State and Central ... Read more

Kenya's textile players raise concerns over duty-free import of fabrics

  Kenyan textile manufacturers have raised concerns over a government proposal to allow... Read more

Stringent government restrictions exacerbating MEG scarcity in Indonesia: A…

  Stringent government import restrictions are exacerbating the scarcity of mono-ethyle... Read more

STMA urges for extension of VAT exemption to power loom manufacutrers

  Sri Lanka's Textile Manufacturers' Association (STMA) is urging the government to ext... Read more

Textile Ministry pushes for expansion of PLI scheme in textiles

  The Indian government plans to expand the Production Linked Incentive (PLI) scheme fo... Read more

Kenya textile manufacturers oppose import of duty-free cotton fabric

  Textile manufacturers from Kenya's cotton-growing regions are fiercely opposing the g... Read more

CMAI express concerns over recent amendment to MSMEs payments policy

  The Clothing Manufacturers Association of India (CMAI) has expressed concerns about t... Read more

Tamil Nadu to adopt local procurement policy for technical textiles

  The Tamil Nadu Government plans to adopt a local procurement policy to capture a larg... Read more

India to boost textile exports to Australia, UAE

  As demand for textile exports in Europe and the US market continues to wane, India pl... Read more

Textile Ministry to promote exports under Kasturi Cotton Initiative

  The Union Textile Ministry plans to promote cotton exports under the Kasturi Cotton I... Read more

Transforming global textile alliances: India's journey to ESG excellence

  In a groundbreaking shift, India's textile industry has embraced Environmental, Socia... Read more

Introduce support measures for spinning segment, urges CITI

  Rakesh Mehra, Chairman, Confederation of Indian Textile industry (CITI), has urged th... Read more

New trade policy may trigger batik imports: Chairman, API

  Jemmy Kartiwa Sastraatmaja, General Chairman, Indonesian Textile Association (API), s... Read more

Make urgent policy changes for uninterrupted access to raw materials: Presi…

  KV Shrinivas, President, International Textile Manufacturers Federation (ITMF) urged ... Read more

RoSCTL extension has become a necessity: AEPC

  Current global economic uncertainties have made the extension of the RoSCTL scheme fo... Read more

Centre to set up seven PM MITRA parks

  The central government plans to set up seven Pradhan Mantri Mega Integrated Textile R... Read more

Maharashtra forms study group for power loom industry improvements

  The Maharashtra government is taking steps to address issues within the state's power... Read more

Pakistan textile's $50 bn boost includes opening 1,000 units, incentives, g…

  Focusing on its ambitious target of reaching $50 billion in export, key players in Pa... Read more

India boosts circular textiles with new HSN codes and record-keeping

  India’s Ministry of Textiles in India is taking significant steps to enhance th... Read more

Deadline for applications under PLI scheme for textiles extended

  The government has extended the deadline for new applications under the PLI scheme fo... Read more

Government to extend cotton pilot project beyond March 2024

  Following a 25 per cent surge in cotton production across 10 states, the government p... Read more

EU GSP report flags human rights concerns in Bangladesh

  In the evaluation report spanning 2020-33, the European Union (EU) has raised apprehe... Read more

Bihar's Global Investors' Summit to attract investments in textiles from Ba…

  The Bihar government is enticing entrepreneurs from Bangladesh to invest in the state... Read more

India proposes changes in Comprehensive Economic Partnership Agreement with…

  India’s Commerce Ministry is planning to introduce amendments to the rules of o... Read more

Africa seeks AGOA extension beyond 2025

  Multiple African nations are actively pursuing an extension of the African Growth and... Read more

AMHSSC plans new centres of excellence across the country

  The Apparel Made-Ups and Home Furnishing Sector Skill Council (AMHSSC) is embarking o... Read more

Extend refinancing facility to textiles, BTMA urges Bangladesh Bank

  Mohammad Ali Khokon, President of the Bangladesh Textile Mills Association (BTMA), ha... Read more

India signs supply chain agreement with 13 IIPEF partner countries

  India has signed a Supply Chain Agreement within the Indo-Pacific Economic Framework ... Read more

ASEAN urges India to join RCEP for mutual benefits

  Kao Kim Hourn, Secretary-General of ASEAN, has advocated for India to reconsider join... Read more

SIMA urges Tamil Nadu CM for textile industry support

  The Textiles and Clothing (T&C) sector in Tamil Nadu, known as the backbone of th... Read more

India: RoDTEP Scheme extended for Nine Months

  Welcome Step The Indian government has recently announced the extension of the Remis... Read more

H&M to Resume Operations in Ukraine in November

  Swedish fashion retailer H&M announced on Thursday that it plans to reopen most o... Read more

India: National e-commerce policy nearing finalization

  The commerce and industry ministry is finalizing the national e-commerce policy. The ... Read more

Germany backs Philippines-EU trade talks for stronger ties

  Germany has expressed firm support for the revival of negotiations concerning a free ... Read more

'Make in India' initiative drives economic transformation, global investor …

  The "Make in India" initiative, launched in 2014, has been a major success. FDI in th... Read more

“NTBs, a growing threat to textiles trade”, says AEPC India

  Non-tariff barriers (NTBs) are increasingly proving to be a formidable weapon capable... Read more

Sri Lanka's apparel industry leaps ahead with sustainable compliance initia…

  Amidst the economic challenges confronting Sri Lanka and the introduction of stringen... Read more

India-UK free trade agreement nears realization

  India and the United Kingdom are making gradual progress towards formalizing a free t... Read more

India-Bangladesh trade in rupees to boost commerce

  India and Bangladesh have agreed to exclusively employ the rupee for their bilateral ... Read more

Shein achieves record sales 2023

  Despite facing multiple lawsuits and government scrutiny in the US, Shein has experie... Read more

Sri Lanka Seeks Added Duty Free Apparel Access To India

  Sri Lanka seeks a six-fold expansion of duty-free access for its apparel in India und... Read more

Better Cotton Supports EU's Green Claims Directive to Tackle Greenwashing

Better Cotton Supports EU's Green Claims Directive to Tackle Greenwashing

  Better Cotton, the world's largest cotton sustainability initiative, has provided f... Read more

VDMA opposes EU's PFAS ban

The VDMA, representing over 3,600 German and European mechanical and plant engineering compan... Read more

Zero Carbon co-locates with COP28 in Dubai

World Textile Information Network (WTiN) plans to co-locate Innovate: Zero Carbon with COP28 ... Read more

SAC Revives China Manufacturer Forums

Sustainable Apparel Coalition (SAC) is relaunching its Manufacturer Forums, starting with the... Read more

France promotes sustainable fashion repair

In a bid to combat the harmful effects of fast fashion and reduce waste, France has introduce... Read more

APTMA urges action on high energy costs

Pakistan's textile industry has seen a troubling 26% decline in cotton yarn and cotton cloth ... Read more

Brexit's Impact on UK Fashion: Report & Recommendations

A comprehensive report has been released, analyzing the consequences of Brexit on the fashion... Read more

Bangladesh-India: Rupee trade added to dollars

According to reports, there is a new arrangement that allows the use of Indian Rupees to cove... Read more

India Initiates Sustainable Textile Drive

India's government takes proactive steps to establish the nation as a global center for susta... Read more