Industry

EU And India Launch 7 Projects To Boost Indian Textiles

Textile Insights February 19, 2025

The European Union (EU) and the Ministry of Textiles of India, have launched seven new projects to boost India’s textile and handicraft sector. Announced on the sidelines of Bharat Tex, these projects are backed by a EUR 9.5 million (Rs 85.5 crore) grant from the EU and aim to drive inclusive

Apparel, Fashion, Retail

VisionNxt: Modernizing Fashion Forecasting In India With AI And EI

Textile Insights January 9, 2025

The National Institute of Fashion Technology (NIFT), Mumbai, hosted a landmark event on January 8, 2025, at Nishta Bhavan, Churchgate, Mumbai, to spotlight VisionNxt, India’s first AI and EI-driven fashion forecasting platform. Developed under the aegis of the Ministry of Textiles, Government of India, VisionNxt’s innovative approach integrates artificial intelligence (AI)

Event

Ministry Of Textiles Engages Foreign Missions To Promote Bharat Tex 2025

Textile Insights October 24, 2024

The Ministry of Textiles hosted an interactive session with over 30 foreign missions at Sushma Swaraj Bhawan to promote Bharat Tex 2025, scheduled for February 14-17, 2025. Representatives from countries such as Australia, Brazil, Italy, Russia, Thailand, and Vietnam participated in the event. Union Minister of State for External Affairs and Textiles, Shri Pabitra

Industry

MoT Implements Major Handloom Sector Programs

Textile Insights August 22, 2024

The Ministry of Textiles (MoT) rolled out key initiatives to boost the handloom sector in India. The National Handloom Development Programme and Raw Material Supply Scheme provided extensive support, including financial aid for looms, infrastructure, and marketing. The Weavers’ MUDRA Loan Scheme offered margin assistance, interest subvention, and credit guarantees. Welfare