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.

Financial Results

Textile Ministry Drawing Roadmap To Take Industry To The Next Level

Textile Insights October 10, 2024

The Union textile ministry is in the process of creating a comprehensive roadmap which, on the one hand, aims to focus on dealing with a wide range of existing issues hampering the growth and, on the other hand, it looks to chart out an action plan to achieve the targeted growth strategies in a more […]

Policies

Government Approves Establishment Of 7 PM MITRA Parks to Boost Textile Sector

Textile Insights July 29, 2024

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

Industry

Domestic T&A Sector Set To Reverse Trend Amidst Gradual Demand Revival

May 10, 2024

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 […]

Event

Bharat Tex 2024 Is An Excellent Platform To Showcase India’s Exceptional Capabilities In Textile Industry: PM Narendra Modi

February 27, 2024

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 […]

Industry

Indian Ministry Of Textiles Showcases 2023 Achievements

Textile Insights December 29, 2023

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. […]

Export

Revitalizing Indian Textile Exports With Government Initiatives

December 12, 2023

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