Meenakshi India Ltd plans to more than double its apparel manufacturing capacity to 38 lakh pieces by FY30 from around 18 lakh pieces currently, backed by a phased capital expenditure of ₹40-50 crore, as the company positions itself to benefit from the ongoing shift in global sourcing towards
The EU-WCO Rules of Origin Africa Programme has released a new publication titled “A Comparative Study of the Rules of Origin in the Textiles and Vehicles Sectors,” which offers a detailed analysis of the product-specific rules (PSRs) across eight prominent free trade agreements (FTAs). These agreements include African Continental Free Trade Area (AfCFTA), East African
Indian textile small and medium enterprises (SMEs) capitalize on the nation’s rich pool of raw materials and abundant resources. While globalization has opened up new international avenues, persistent challenges have hindered growth. India faces formidable competition from countries like Bangladesh and Vietnam, which benefit from lower labour costs and expansive
The Indian textile industry expects India’s exports of man-made fibre (MMF) textiles to increase by 75% to reach US$ 11.4 billion in 2030, up from approximately US$ 6.5 billion in 2021-22. This growth is attributed to the Production Linked Incentive (PLI) scheme and Free Trade Agreements with the UAE and Australia. As the world’s second-largest […]















