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Textile industry’s 100 million workers about to face the unemployment

The Indian Textile industry employs over 100 million people, 10 crore people directly or indirectly and all of those are set to be hit...

Tailored Brands closes sale of apparel business

Tailored Brands has closed sale of its corporate apparel business to a group led by existing corporate apparel UK executive team for total cash...

Tamil Nadu pressing for zero GST for handlooms: minister

Tamil Nadu is making efforts to persuade the Indian Government to fully exempt handloom textiles from the goods and services tax (GST) like the khadi sector,...

MSMEs to play key role in job creation: Indian minister

Indian minister for micro, small and medium enterprises (MSMEs) Nitin Gadkari recently said MSMEs will play an important role in job creation in the country....

India to globally promote Odisha handloom items

The Indian Government will globally promote handloom products from Odisha, textiles secretary Ravi Capoor said at a function held on the 5th National Handloom...

Yarn, fabric exporters seek help from Centre as shipments fall

Commerce, Textiles Ministries promise support; exporters hope rebate on taxes will be extended to the sectors Yarn and fabric exports have taken a big hit...

The Textile value chain of industry facing liquidity issues: ITF

The textile value chain, particularly the cotton-based manufacturing value chain, in India is facing liquidity issues due to slowdown in demand, according to Indian Texpreneurs Federation...

Indian firms operating in China to ramp up investments: CII

Most Indian companies present in China are planning to continue to invest there with ‘cautious optimism and confidence’ this year, according to a survey...

Khadi items sale saw 145% growth from 2014-15 to 2018-19

The Khadi and Village Industries Commission’s (KVIC) turnover crossed Rs. 74,323 crore in 2018-19 with the sale of khadi products witnessing a growth of...

Synthetic textile exports go up

Man-made fibre (MMF) industry is contributing 2% to India’s GDP and providing jobs to over 18 million people directly and more than 20 million...

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