The Confederation of Indian Textile Industry (CITI) has welcomed the Ministry of Commerce’s formation of a dedicated Task Force on Textiles, which aims to adopt a whole-of-government approach to enhance India’s textile exports. CITI Chairman Shri Rakesh Mehra commended the initiative, stating
Biji Chacko shares his strategic vision for the company in an exclusive interview with Henry Dsouza, Associate Editor of Textile Insights. With a steadfast focus on sustainability, advanced technology and operational efficiency, Chacko outlines how Alok Industries aims to redefine the global textile landscape. From embracing AI and renewable energy to capitalizing on
The fragmented textile value chain in India necessitates the goods to travel from one place to another, which adds to logistics cost as well as has an impact on quality, says Gurudas Aras Historically fragmented and complex nature of our textile value chain has been taking toll on the health of our domestic industry. How […]
The state and Central government backed mega textile parks under the PM MITRA (Pradhan Mantri Mega Integrated Textile Region and Apparel) Park Scheme is expected to generate satisfactory response from the textile industry, which is desperately trying to put up a cost competitive textile value chain. PM MITRA parks represent a unique model where the […]
CII and Primus Partners recently launched a report titled “Decadal Outlook for Textile Industry: Threads of Transformation for Textile Industry” at TEXFUTURE 2023 Conference, organised by CII and Government of Maharashtra. The report highlights the contribution of the textile industry to the GDP, which is expected to more than double from 2.3 per cent to about 5 […]