Prime Minister Narendra Modi emphasized India’s growing stature in the global textile industry while addressing Bharat Tex 2025 at Bharat Mandapam, New Delhi. He highlighted the event’s significance as a platform for showcasing India’s rich textile heritage, technological advancements and
Bharat Tex 2025 commenced with grandeur at Bharat Mandapam, New Delhi, with Minister of Textiles Giriraj Singh, Minister of State Pabitra Margherita, Secretary Neelam Shami Rao, and other dignitaries gracing the inauguration. The highly anticipated event, focused on innovation, sustainability and global collaboration, has attracted participation from over 120 countries, 33
Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26, introducing a series of bold reforms and sector-specific initiatives aimed at bolstering India’s textile industry, MSMEs, exports and agriculture, while implementing tax relief measures to increase disposable income and stimulate economic growth. With a strong focus on self-reliance, domestic
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
The Union textile ministry is in the process of creating a comprehensive roadmap which, on the one hand, aims to address on dealing with a wide range of existing issues hampering the growth and, on the other hand, it aims to chart an action plan to achieve the targeted growth strategies in a more inclusive […]
The Government has approved the establishment of 7 PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks on Greenfield/Brownfield sites, including a Greenfield project in Virudhunagar, Tamil Nadu. These parks will feature world-class infrastructure, including plug-and-play facilities, with a total outlay of Rs. 4,445 crore over seven years up to 2027-28. Each park
It seems the worst is over for the domestic textile and apparel (T&A) sector, if one goes by the exports data of the first two months of the current calendar year of 2024. Even as the overall exports declined by 1 per cent to $34.4 billion and the apparel exports from the country dipped by […]
Prime Minister Narendra Modi inaugurated Bharat Tex 2024, one of the largest-ever global textile events to be organized in the country at Bharat Mandapam on February 26, 2024 in New Delhi. The Prime Minister also took a walkthrough of the exhibition showcased on the occasion. Addressing the gathering, the Prime Minister said that the occasion […]
The Indian Ministry of Textiles launched several initiatives in 2023, which include PM MITRA Parks, Kasturi brand cotton and garnered investment of around Rs 2,119 crore under PLI Scheme. The initiatives also include 126 research proposals approved and valued at Rs 371 crore under National Technical Textile Mission (NTTM) for speciality fibre and technical textile. […]
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