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India notes decline in textile exports

India has noted a decline of 4.5 per cent in its textiles export during April-December of 2016-17 fiscal. This was informed by Minister of State for Textiles Ajay Tamta. “The exports of textiles during 2016-17 (April-December) were US $ 26 billion compared to US $ 27.2 billion during 2015-16 (April-December),” Minister of State for Textiles Ajay Tamta said in a written reply to Rajya Sabha. He also said that during the three quarters of this […]

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Indian mills getting ample demand in Bangladesh

While the growth of business in the Bangladesh garment export industry continues to pose challenges for Indian apparel exporters, the same growth is a major opportunity for Indian textile mills exporting yarn as well as fabrics to the country. Indian textile giants catering to this market from years, have witnessed huge demand and are expanding their capacities to grab a share in the growth of this market targeted to be worth US $ 50 billion […]

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ITMACH Bhiwandi 2015 concludes fruitfully

Mounting significance of Government policies and the marked growth of the Indian textile industry over the last few years made way for a positive business platform at ITMACH Bhiwandi 2015. Arvind Semlani, Director, ITMACH India said that the fair comprehends the significance of first-hand experience and its effort have always been to get the international developments of the textile industry closer to home… “Promoting the development of textile clusters in Western India has always been […]

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TEA appeals for a speedy FTA

Tirupur Exporters’ Association (TEA) met Dr. Tamilisai Soundararajan, State President, Bharatiya Janata Party, Tamil Nadu and submitted the memorandum asking for expediting Free Trade Agreements with EU, Canada and Australia as this would help to double the exports from Tirupur and also provide employment to more workers. They also requested to construct ESI hospital with all facilities in Tirupur, apart from clearing TUFS pending claims and revocation of TUFS block out period. The team comprised […]

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Chennai flood derails festive sales

Chennai flood has caused a severe damage to the Indian textile industry in terms of sales. It has lead to the closure of production units and cancellation of orders in Chennai. Christmas and Marghazhi festival sales have also failed to pick up due to this natural calamity. News has been pouring in that Chennai buyers have cancelled order of worth Rs. 500 crore from the Surat textile industry, which is one of the largest producers […]

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