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TEXTILES OF INDIA

05 Aug 2023

Exploring The Rich Heritage Of Indian Textile Through Rajasthani Craftsmanship

The traditional techniques have seamlessly transformed into modern-style outfits, maintaining a delicate balance of comfort and lightness. Rajasthan's textiles are not just fabrics; they are a story woven into every thread, a legacy cherished across borders and generations.

13 May 2022

India needs to manufacture textiles machinery to become self-reliant: Jardosh

She said India's textile and apparel sector registered the highest ever growth of 40.55 per cent in its exports.

22 Feb 2022

India's textiles exports can touch USD 100 bn from current USD 40 bn in 5 yrs

Singh said it depends on how good, efficient and integrated the Indian apparel industry is and how it increases its size and scale. He added that the country's textile exports can increase from the current USD 40 billion to USD 100 billion in the next five years.

27 Dec 2021

Defer GST rate hike on textiles, footwear: CAIT to FM

The proposal is to increase the rate of tax from 5 per cent to 12 per cent on textiles and footwear. According to CAIT, there was no tax on textile or fabrics for a number of years. The letter also asked for an extension of income tax return filing date.

03 Dec 2021

Gartex Texprocess India 2021 hybrid editions to showcase textile trends

Government programmes and efforts will propel the textile sector to the growth of USD 300 billion by 2025-26. Buyers can see live product demos of the most cutting-edge machines and solutions provided by the sellers' network of industry leaders.

10 Sep 2021

PLI scheme for textile industry: Here’s all you need to know

The Central government will offer incentives worth Rs 10,683 crore to firms The scheme is also aimed at attracting fresh investments in the textile sector. The Centre is aiming to attract investments to the tune of Rs 19,000 crore in the coming years.

03 Jun 2017

Important meeting of GST Council today; to finalise rates on gold, textiles

The GST Council had last month fitted over 1,200 goods and 500 services in the four tax brackets of 5, 12, 18 and 28 percent. Beside, it had imposed cess over and above the peak rate of 28 percent on demerit and luxury goods.

02 Jun 2017

GST Council to finalise rates on gold, textiles today

The GST Council will on Saturday finalise taxes to be levied on six commodities, including gold, textiles and biscuits, as the Centre and states gear up to roll out the new indirect tax regime from July 1.

14 Sep 2016

Good quality textiles a rarity in Indian markets, says Madhu Jain

Craft revivalist and textile conservationist Madhu Jain, known for promoting indigenous forms of textile weaving and design in her almost 30 year-long career, says it's difficult to find good quality textiles in the Indian market nowadays. She also feels that unlike in the West, there is no quality control in India and this results into many problems.

30 Oct 2015

Govt provides Rs 3,000 cr duty benefits to boost exports

FIEO Director General Ajay Sahai said that Rs 3,000 crore incentive would help Indian exporters at this challenging time.

20 Jul 2015

Welspun Q1 net up 55% at Rs 163 cr; plans Rs 1,100 cr capex

Home textiles firm Welspun India, part of the USD 3 billion Welspun Group, Monday reported a 55.42 percent jump in its consolidated net profit at Rs 163.15 crore for the first quarter of 2015-16.

11 Feb 2015

IKEA plans to ramp up sourcing in India, eye new categories

Swedish furniture retail major IKEA is mulling increasing sourcing of items from India and widening its supplier base in the country.

18 Sep 2014

Textiles Min approves setting up of 13 textile parks

Textiles Minister Santosh Gangwar Thursday approved setting up of 13 textile parks, entailing minimum investment of Rs 100 crore each, a move that will help generate thousands of jobs.

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