by TANVI_MUNJAL | Nov 21, 2024 | Finance & Economy, News & Insights
The Indian government is actively considering imposing a Minimum Import Price (MIP) on certain textile products to safeguard the domestic industry from a surge in imports, particularly from China. The move comes as the textile ministry is examining at least six...
by TANVI_MUNJAL | Oct 4, 2024 | Business & Policy, Industry And Cluster, News & Insights
The Indian textile industry has received a boost with the government’s decision to extend the Minimum Import Price (MIP) on certain knitted fabric items. The move aims to protect domestic manufacturers from the influx of low-priced imports that could harm the...