by TEXTILE VALUE CHAIN | Jan 17, 2025 | Import/Export, Textile Industry
According to the Confederation of Indian Textile Industry’s (CITI) analysis of quick estimates, India’s textile exports grew by 12.76% on December 24 compared to the same period last year, while apparel exports increased by roughly 12.89%. This indicates a...
by TEXTILE VALUE CHAIN | Jan 3, 2025 | apparel, News & Insights
NEW DELHI: According to government figures issued on Thursday, India’s exports of textiles and clothing, including handicrafts, increased by 7% during the April–October period of FY24, hitting $21.35 billion, up from $20 billion during the same period last year....
by TEXTILE VALUE CHAIN | Aug 1, 2024 | Import/Export
Indian exporters are bracing for a fresh wave of challenges as container freight costs have quadrupled recently, threatening to erode profit margins and increase working capital needs, according to a warning issued by India Ratings and Research (Ind-Ra) on Monday....
by TEXTILE VALUE CHAIN | Jan 19, 2024 | News & Insights, Textile Industry
Wins 2 Eminence Awards and 1 for export excellence Gurugram, January 19, 2024: RITES Limited, a Navratna Public Sector Enterprise under the Ministry of Railways, has registered a ‘triple’ triumph with two SCOPE Eminence Awards and the EEPC India Regional Award for...
by TEXTILE VALUE CHAIN | Jan 8, 2024 | Import/Export, News & Insights
The commerce department is closely monitoring the developments in the Red Sea region as exporters are holding back their shipments, citing concerns over escalating freight costs. The increase in costs is a result of shipping vessels having to take longer routes to...
by TEXTILE VALUE CHAIN | Jan 2, 2024 | Import/Export
India’s overall exports to Australia have experienced a marginal decline in value from January to November, following the implementation of the India-Australia Economic Cooperation and Trade Agreement (ECTA) on December 29, 2022, according to official data. The...
by TEXTILE VALUE CHAIN | Jan 2, 2024 | Import/Export, News & Insights
Exports from India to Australia have experienced a significant upturn, driven by the duty concessions granted through the India-Australia Economic Cooperation Agreement (ECTA), according to government officials. Since the agreement’s implementation on December...
by G.Thulessiraman | Aug 25, 2020 | Events Updates, News & Insights
A study for understanding the Goods and service tax (GST) on textiles and apparel has been planned by the Ministry of Textiles. This has adversely impacted domestic production and thus requires restructuring. A government official quoted, “We have received complaints...
by plazasld | Aug 22, 2020 | Home Textiles
Monthly textile exports rose by 33% in July. The export figure was was an improvement over the corresponding month last year, registering a 14.4% increase. Significant increases were also seen in all subcategories of finished products, including garments, bedding,...
