The U.S. administration’s sweeping tariff hikes on imported goods are disrupting global textile and apparel value chains and pushing up apparel prices for American consumers. This unilateral move marks a departure from the established global trade framework, traditionally governed by
India’s textile industry is on track to reach a staggering US$ 350 billion by 2030, creating 3.5 crore new jobs, according to Union Minister of Textiles, Giriraj Singh. The announcement came during the curtain raiser event for Bharat Tex 2025 held on September 4, 2024 in New Delhi. Singh highlighted the potential for India to […]