by TANVI_MUNJAL | Jul 3, 2025 | Business & Policy, Finance & Economy, News & Insights
India’s textile industry, employing over 45 million people and producing approximately 22 billion garments annually, remains a cornerstone of the nation’s economy. Valued between $175–$225 billion in 2025, the sector contributes 2.3% to GDP and accounts for 10–12% of...
by TANVI_MUNJAL | Jan 31, 2025 | Fibres and Yarns, News & Insights
India’s textile sector, a vital contributor to the nation’s economy and employment, faces a critical juncture, according to the latest Economic Survey. While traditionally a powerhouse in cotton-based textiles, the global market’s dramatic shift...
by TANVI_MUNJAL | Jan 24, 2025 | Business & Policy, Finance & Economy, News & Insights
India, now the world’s most populous nation, is strategically focusing on its textile industry as a key driver of economic growth and employment generation. With a burgeoning workforce of 1.45 billion, the nation recognizes the textile sector’s immense...
by TANVI_MUNJAL | Dec 26, 2024 | Finance & Economy, News & Insights
The recent depreciation of the Indian rupee against the US dollar, reaching a record low of 85.2, presents a complex scenario for India’s textile sector. While a weaker rupee typically boosts exports, the textile industry’s reliance on imported raw...
by TANVI_MUNJAL | Dec 26, 2024 | Finance & Economy, News & Insights
India’s textile sector is bracing for a challenging landscape as it navigates the complexities of international trade dynamics, particularly with the anticipated tariffs under President-elect Donald Trump’s administration. As Trump prepares to take office...
by TANVI_MUNJAL | Dec 26, 2024 | Business & Policy, News & Insights
India’s textile sector is poised for significant transformations as the nation navigates a complex landscape of international trade challenges and opportunities. With the European Union implementing a new carbon tax on imports and consumption in Europe slowing,...
by TANVI_MUNJAL | Dec 22, 2024 | Business & Policy, News & Insights
India’s textile sector is witnessing a remarkable resurgence, driven by the government’s proactive Production-Linked Incentive (PLI) schemes. These initiatives have catalyzed significant investments, exceeding Rs 1.46 lakh crore, across 14 key sectors....
by TANVI_MUNJAL | Dec 22, 2024 | Business & Policy, News & Insights
The global textile landscape is undergoing a significant transformation, with shifting trade winds creating both challenges and exciting prospects for India’s textile industry. As geopolitical tensions, particularly between the US and other major economies,...
by TANVI_MUNJAL | Nov 27, 2024 | Business & Policy, Finance & Economy, News & Insights
India’s textile sector is experiencing a period of robust growth, as indicated by the latest HSBC Flash India Composite Output Index. The index rose to 59.5 in November, marking a three-month high and signalling a significant expansion in both manufacturing and...
by TANVI_MUNJAL | Nov 27, 2024 | Business & Policy, Finance & Economy, News & Insights
On the evening of November 5, as Donald Trump’s election victory became apparent, retailers in the U.S. dealing in toys, footwear, apparel, and electronics sprang into action. They urgently contacted their Chinese suppliers to expedite shipments, fearing the impending...
by TANVI_MUNJAL | Nov 20, 2024 | Finance & Economy, News & Insights
India’s textile sector is experiencing a resurgence, driven by increased demand from Western markets, particularly for festive seasons like Christmas. In October 2024, the country’s overall goods exports surged by 17.23% to a fiscal high of $39.2 billion,...
