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    • Textile Industry & Trade

Textile Industry & Trade Newsletter
  • India Budget 2025-26: 20% import duty on knitting fabric with a rider 01 Feb 2025 08:33 GMT

    textile industry has been long demanding higher duty to stop cheaper imports … also said that an Export Promotion Mission will be set … category. Ludhiana based textile yarn trade Ashok Singhal said, “At … kg. This will restrict import to a great extent.” …

  • Textile industry yet to make global cut 01 Feb 2025 00:38 GMT

    India's textile export market share in 2023 was only 2.8%, lagging behind China, Bangladesh, and Vietnam. The Economic Survey 2024-25 highlights how complex procedures and pre-shipment inspection certificates hinder growth by increasing costs and …

  • Indian Textile Industry Seeks Level Playing Field in Raw Materials Ahead of Budget 31 Jan 2025 22:46 GMT

    The Indian textile and apparel industry is pushing for critical raw material reforms in its pre-budget recommendations, emphasizing the need for globally competitive pricing to bolster its position in the international market. A key concern is the …

  • Confederation Of Indian Textile Industry Congratulated The Government On A Robust GDP Growth Projection In Economic Survey 2024-25 31 Jan 2025 21:17 GMT

    … 2024: The Confederation of Indian Textile industry (CITI) Chairman, Shri Rakesh … textile industry, including an uneven playing field compared to global competitors, cumbersome export … sustainability initiatives. As global trade dynamics continue to evolve, …

  • Textile Industry Pins Hopes on Budget for Revitalization 31 Jan 2025 15:02 GMT

    The textile sector, a cornerstone of the national economy, anticipates significant support in the upcoming budget. Contributing substantially to GDP, industrial output, and merchandise exports, the industry also holds the position of the nation’s largest …

  • India Budget 2025-26: Textile industry may get tariff cuts, more funds 31 Jan 2025 03:36 GMT

    … India’s export share, the country’s textile industry is struggling … Expected measures include lower import duties on polyester, viscose, … an ease in imports of textile machinery. Import tariffs are … adjust duty on fabric imports. Industry is raising concerns …

  • Indian Textile Sector Seeks Stable Trade Policies in Upcoming Budget 31 Jan 2025 15:02 GMT

    … stable and supportive trade policies, crucial for boosting exports and attracting foreign … value chains and achieving ambitious export targets. While lower customs duties … challenges within the textile industry. A renewed focus on stable trade policies within …

  • India Budget 2025-26: Will demands of textile industry be addressed? 30 Jan 2025 14:21 GMT

    … to domestic unavailability, import duties to safeguard local … to enhance domestic production, exports, and consumer accessibility. … chance to give the textile industry a real boost. … and streamlined cross-border trade, enabling international scalability. …

  • Textile Industry seeks curbs on underbilled Chinese imports, duty-free cotton 30 Jan 2025 05:13 GMT

    … and 8% to total merchandise exports, the sector remains India’s … major challenge faced by the textile industry is the rampant under- … large-scale sale of undervalued imports and has urged the … USD 100 billion in textile exports, the industry is advocating …

  • India Budget 2025: Will demands of textile industry be addressed? 30 Jan 2025 04:07 GMT

    … due to domestic unavailability, import duties to safeguard local … to enhance domestic production, exports, and consumer accessibility. Another … should levy a reasonable import tax on certain essential … chance to give the textile industry a real boost. Activewear …

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