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Textile industry

India's technical textile industry exports to cross $10 billion by 2030: Minister

India's technical textile industry exports to cross $10 billion by 2030: Minister

Fri, Sep 06, 2024

The Indian technical textile industry exports are projected to cross $10 billion by 2030, Union Textiles Minister Giriraj Singh said on Friday, adding that the niche carbon fibre will likely be produced by India in 2025-26.

Kalahridhaan Trendz bags Rs 115 crore order - Check details

Kalahridhaan Trendz bags Rs 115 crore order - Check details

Tue, Aug 13, 2024

The company’s annual revenue surged by 5.5 per cent to Rs 194.31 crore in the last fiscal year.

What is the Bangladesh connection of textile?

What is the Bangladesh connection of textile?

Tue, Aug 06, 2024

Strong action in textile shares. What is the Bangladesh connection of textile? Bangladesh in crisis, who benefits? Know the complete news from Kushal Gupta.

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SME एक्सप्रेस: Exploring Trends in Textile Industry & meaning of Garment import from Bangladesh?

SME एक्सप्रेस: Exploring Trends in Textile Industry & meaning of Garment import from Bangladesh?

Wed, Apr 17, 2024

How are the trends in the textile industry? What is the meaning of garment import from Bangladesh? What should be the strategy on technology-skills? How should SMEs prepare for the new equation? How to expect support on skill-speed? Is business affected by pressure on export market? What are the challenges of the textile industry? Know the mantras of growth amidst challenges! See...'SME Express'

Textile Industry Spotlight: ELS Cotton Import Duty Lifted- Which Companies Are Benefiting? Know Here

Textile Industry Spotlight: ELS Cotton Import Duty Lifted- Which Companies Are Benefiting? Know Here

Wed, Feb 21, 2024

Textile companies in focus, import duty removed on ELS cotton, which textile companies should keep an eye on? Know carefully

INDIA size programme for developing standard sizes customized to Indian body shapes to be launched

INDIA size programme for developing standard sizes customized to Indian body shapes to be launched

Wed, Jan 10, 2024

INDIAsize will be launched soon, there will be big changes in the garment sector: Rachna Shah, Textile Secretary, watch Ambrish Pandey's special conversation with Rachna Shah.

Textile manufacturers face setbacks due to ongoing geopolitical conflicts

Textile manufacturers face setbacks due to ongoing geopolitical conflicts

Mon, Nov 06, 2023

Textile manufacturers of Tirupur and Coimbatore have halted production for 20 days from today due to the severe impact on textile sale due to the ongoing geopolitical conflicts. With 2 lakh power-looms and 30 thousand auto-looms in the region, the production of 1 crore meters of fabric has been paused. About 1500 crore rupees trade has been affected so far and about 5 lakh laborers engaged in the power loom sector alone are likely to lose jobs.

Govt approves 18 R&D projects of technical textiles

Govt approves 18 R&D projects of technical textiles

Thu, Sep 28, 2023

The cleared projects include those under key strategic areas of Geotech, Protech, Indutech, Sustainable Textiles, Sportech, Smart E-Textiles and Meditech segments. The textiles minister said the industry's proactive and robust engagement is essential for the indigenous development of technical textiles in India.

5th Consecutive Month of Growth in US Retail Sales | Connection between Textiles and US Retail Sales

5th Consecutive Month of Growth in US Retail Sales | Connection between Textiles and US Retail Sales

Fri, Sep 15, 2023

US retail sales increase for the 5th consecutive month, what is the US connection of textile? What is the benefit of increasing retail sales in US?

India likely to present incentives for ailing textile by December -trade body

India likely to present incentives for ailing textile by December -trade body

Wed, Aug 23, 2023

The incentives could come under the production linked incentive (PLI) scheme that promises billions of dollars to boost manufacturing ranging from electronic products to pharmaceuticals.

Large Earthquake's Impact On Turkey's Textile Industry, Which Companies Will Be Affected? Arman Details

Large Earthquake's Impact On Turkey's Textile Industry, Which Companies Will Be Affected? Arman Details

Thu, Feb 09, 2023

Why textile shares in focus amid a major earthquake in Turkey? What is Turkey's textile connection? Which companies will be affected? Know full details from Arman Nahar.

What Are The Government Plans For Textile Industry? Watch Details In This Video

What Are The Government Plans For Textile Industry? Watch Details In This Video

Wed, Jul 06, 2022

Why is the government worried about the textile sector? What is the government's big plan for textile? When will the second PLI scheme for the textile sector come? Know full details from Arman Nahar.

Zee Business Exclusive: Good News For The Textile Industry

Zee Business Exclusive: Good News For The Textile Industry

Mon, May 30, 2022

There is a good news for the textile industry. New PLI Scheme for Garment and Apparel Industry will come soon. The industry has to complete the investment process in the next 2 years. Know full news from Ambarish Pandey.

How textile MSMEs in India are creating jobs and employment opportunities, decodes expert

How textile MSMEs in India are creating jobs and employment opportunities, decodes expert

Wed, Apr 20, 2022

“Textile ministry along with the finance minister in the Union budget announced several schemes and programmes to support and strengthen the industry."

Textile sector in focus now! Know what is driving it, which stocks to focus on now?

Textile sector in focus now! Know what is driving it, which stocks to focus on now?

Mon, Apr 18, 2022

Zee Business Senior Research Analyst Varun Dubey brings a detailed report on what the big news are and why is there action in textile stocks based on these developments. Also know which companies' investors should focus on?

Meeting on PM-MITRA scheme today; labour rules, incentives likely to be discussed with states

Meeting on PM-MITRA scheme today; labour rules, incentives likely to be discussed with states

Tue, Feb 08, 2022

A meeting between the Ministry of Commerce and Textiles and the states is scheduled to take place today on Mega Integrated Textile Region and Apparel (PM MITRA) parks.

Top Pick with Anil Singhvi: Sandeep Jain recommends this textile stock for robust returns - Know PAT, target, levels and other details

Top Pick with Anil Singhvi: Sandeep Jain recommends this textile stock for robust returns - Know PAT, target, levels and other details

Wed, Jan 19, 2022

In yet another episode of ‘Jain Saab Ke Gems’, Zee Business’ Managing Editor, Anil Singhvi spoke to Market Analyst Sandeep Jain on his pick for today.

Stocks for 2022: 2021 multibaggers KPR Mills, Gokaldas Exports remain value play from textile space in New Year

Stocks for 2022: 2021 multibaggers KPR Mills, Gokaldas Exports remain value play from textile space in New Year

Thu, Dec 30, 2021

Textile stocks like KPR Mills and Gokaldas Exports (GEL) remain value buys for the New Year 2022, experts suggest.

Uniform GST rate on man-made fibre value chain to reduce compliance burden, help create jobs

Uniform GST rate on man-made fibre value chain to reduce compliance burden, help create jobs

Mon, Nov 22, 2021

The uniform 12 per cent GST rate on man-made fibre (MMF), yarn, fabrics and apparel will reduce compliance burden for the industry and help the sector emerge as a big employment generator, the textiles ministry said on Monday.

Textile Retail Segment: What consumers are looking for – Expert decodes

Textile Retail Segment: What consumers are looking for – Expert decodes

Fri, Oct 15, 2021

Textile wholesale segment is a much-diversified sector because it involves several stages for final productions. The mix involves farming, cutting, dying, weaving, stitching, embroidery etc. These are initiated at wholesale segment and carried forward to the Textile Retail Segment.

Exemptions in personal income tax can create demand: Gautam Singhania, Raymond Group

Exemptions in personal income tax can create demand: Gautam Singhania, Raymond Group

Wed, Sep 25, 2019

Howdy Modi event has cemented the relationship between India and America and communicated to the world about the good relations that the two nations are sharing, says Gautam Singhania, Chairman and Managing Director, Raymond Group, during an interview with Zee Business.

Indian textiles and garments industry would soon get its own country-specific apparel size: Smriti Irani

Indian textiles and garments industry would soon get its own country-specific apparel size: Smriti Irani

Sun, Jan 20, 2019

Irani said the central government, led by Prime Minister Narendra Modi, has alloted over Rs 1,800 crore in the last 4.5 years to Gujarat for upgradation of technology in the textile sector.

5% GST on textiles will generate Rs 11,000 crore revenues, industry experts say

5% GST on textiles will generate Rs 11,000 crore revenues, industry experts say

Sun, Jun 04, 2017

With cotton textiles attracting a 5% GST rate and man-made yard at 18%, the textile industry have expressed content over the rates prior to GST rollout. Industry experts have said that this would lead to a revenue generation of Rs 11,000 crore.

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