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Tag Archives: India Clothing Industry News

Textile Ministry probably get a marginal rise of 2.5% in Budget 2024

Textile Ministry probably get a marginal rise of 2.5% in the Budget 2024

Textile Ministry marginal rise – NEW DELHI: The textile ministry is likely to see a marginal increase of 2.5% in its budget allocation for fiscal year 2024-25, two persons aware of the matter said. The ministry had received ₹4,389 crore allocation for the current fiscal year. This increase, though modest, …

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Gujarat textile sector sees 8 per cent export slump

Gujarat textile sector sees 8 per cent export slump

Gujarat textile sector sees 8 per cent export slump: Due to enduring geopolitical crises like the Israel-Palestine conflict and the war between Russia and Ukraine, Gujarat’s once-vibrant textile industry has had a dismal performance in 2023. Government-compiled data shows an 8 per cent decline in exports from US $ 5.10 …

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SPVs for PM MITRA parks to boost Textile Sector

SPVs for PM MITRA parks to boost Textile Sector

26 December, 2023: The Government is approaching the concluding stages of establishing Special Purpose Vehicles (SPVs) for the Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) parks, in an effort to elevate the textile sector. Two officials, aware of the developments, revealed that all formalities for the SPVs …

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Biennale Show Techtextil India 9th Edition Is Set To Stage

Techtextil India: Technical Textiles and Non wovens Expo, Mumbai

Mumbai – September 8, 2023 – Back to the show floor after two years, Techtextil India 2023 will be held from 12 – 14 September 2023 at Jio World Convention Centre, Mumbai. The three-day event will bring together 160+ industry players who will display 200+ brands and specialised products and …

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Techtextil India to Host SITRA’s MEDITEX Expo on Medical Textiles

Techtextil India: Technical Textiles and Non wovens Expo, Mumbai

MEDITEX 2023 to focus on medical textiles with live demonstrations During Techtextil India 2023, scheduled September 12 – 14, organizers will also host SITRA’s Expo on Medical Textiles called MEDITEX™ 2023 – an exclusive pavilion that focuses on medical textiles with live demonstrations and high-growth application areas offering a global …

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2.50 Lakh Cotton Bales from Australia to Boost Gujarat’s Textile Industry

2.50 Lakh Cotton Bales from Australia to Boost Gujarat's Textile Industry

The textile industry is experiencing a surge in demand for imported cotton as local arrivals have decreased. Sources reveal that Indian spinners have placed orders for 2.50 lakh duty-free bales from Australia, and this consignment is expected to arrive in India within three months. 2.50 Lakh Cotton Bales from Australia …

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Chinese imports disrupting Indian textile

Chinese imports disrupting Indian textile

Chinese imports disrupting Indian textile: Many countries around the world are dependent on cheap Chinese imports. If we see closely, we can observe that the industries of the countries like Pakistan, Sri Lanka, Uzbekistan and certain African nations which are dependent on imports from China slowly started to degrade with …

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Textile Dyes Market to hit $8 billion by 2031

Textile Dyes Market to hit $8 billion by 2031

Latest insights published by Fact.MR on the textile dyes market forecasts a valuation exceeding US$ 8 billion by 2031. Rapidly evolving fashion trends are stimulating demand for trendy apparel, prompting manufacturers to include new color combinations and designs, pivoting sales, and are expected to push market expansion at a CAGR …

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Surat Textile Industry sees spurt in demand

Surat Textile Industry sees spurt in demand

Surat textile industry sees spurt in demand for caps, flags ahead assembly polls… The assembly elections in Gujarat and Himachal Pradesh have turned into money-spinners for weavers in the country’s largest man-made fabric hub of Surat. Surat Textile Industry sees spurt in demand Alpesh Gondaliya, a power loom weaver at …

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Textile Market Higher Growth During 2022-2032 CAGR: 3.77%

Textile Market Higher Growth During 2022-2032 CAGR: 3.77%

Textile Market Higher Growth During 2022-2032: As per the latest market analysis by Fact.MR, market research and competitive intelligence provider, the global sales of textiles to surpass US$ 1,440 Bn by registering a CAGR of 3.77% in the forecast period 2022-2032. Penetration of E-commerce websites is playing a crucial role …

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