Policies

India Extends PLI Scheme Timeline Amid Textile Export Challenges

June 19, 2024

The Indian government has decided to extend the timeline for setting up facilities under its Production Linked Incentive (PLI) scheme from two years to over three years. This adjustment aims to improve the scheme’s effectiveness in boosting India’s textile exports, which saw a

Export

Rising MMF Fabric Imports Impacting Indian Textile Sector

Textile Insights December 25, 2023

Rising imports of manmade fibre (MMF) fabrics and at the same time higher domestic prices of these fibres has made the Indian textile industry uncompetitive. Various textile hubs of the country in Surat, Erode, Ludhiana, etc are fighting an insurmountable challenge of large scale dumping of MMF fabrics and are said to be operating at […]

Industry

Exports Of Indian MMF Textile Products To Leap By 2030

Textile Insights November 30, 2023

Manmade fibre (MMF) textile product exports from India are projected to leap due to the PLA scheme as well as the free trade agreements (FTA’s) signed with Australia and the UAE. Exports of MMF textile products are forecast to leap by a significant 75 percent to US $11.4 billion from $6.5 billion in fiscal 2022. […]

Fabric

Bangladeshi woven fabric imports drop almost 26%

Textile Insights September 8, 2023

Bangladeshi imports of woven fabrics declined by volume in the first seven months of 2023, due to shortening of garment delivery lead times. Import shipments of woven fabrics by Bangladesh slipped 25.9 percent between January and July 2023, when compared with similar months of the previous year. “Between January and July 2023, woven fabric imports […]

Trade & Market

Centre Approves 64 Applications Under The Production Linked Incentive Scheme For Textiles

April 28, 2023

Indian government had approved the Production Linked Incentive (PLI) Scheme for Textiles on 08.09.2021 with an approved outlay of Rs.10,683 crore over a five year period to promote production of MMF Apparel, MMF Fabrics and Products of Technical Textiles in the country to enable textiles industry to achieve size and scale and to become competitive. […]

Industry

Centre Approves 64 Applications Under PLI Scheme For Textiles

April 19, 2023

Government has approved the Production Linked Incentive (PLI) Scheme for Textiles on 08.09.2021 with an approved outlay of Rs.10,683 crore over a five year period to promote production of MMF Apparel, MMF Fabrics and Products of Technical Textiles in the country to enable textiles industry to achieve size and scale and to become competitive. Financial […]