Policies

FTA With UK Alone May Not Lead To Big Surge In India’s T&A Exports

December 12, 2023

Even as India and the UK are close to concluding talks on a Free Trade Agreement (FTA), experts and observers in the textiles and apparel sector are of the view that the agreement may not fetch the desired results unless the industry gears up to manufacture right kind of product mix at

Export

Asian Countries Risk Losing $65bn In Apparel Exports

Textile Insights September 14, 2023

A new study by Cornell University’s Global Labour Institute (GLI) and Schroders, reveals extreme heat and flooding are threatening key apparel production hubs. “Four countries vital for fashion production like Bangladesh, Cambodia, Pakistan and Vietnam risk missing out on $65 billion in export earnings and almost one million new jobs,” the study said. The collaboration

Export

Uttar Pradesh Aims To Double Silk Production To Boost Textile Exports

August 30, 2023

The Uttar Pradesh government is formulating a strategy to amplify silk production to over 700 tonnes, with the goal of invigorating textile manufacturing and boosting premium apparel exports from the state. The proposed plan includes the establishment of silk clusters and research institutions to encourage silk production, thereby enhancing rural incomes, particularly

Export

Chinese Textile Exports Down 11 Percent In Jan-June 2023

Textile Insights August 5, 2023

In the first six months of 2023, Chinese textile exports like home textiles, yarns and fabrics totaled $67.69 billion, down 11 percent over the similar period in 2022. Chinese garment exports dipped slower at 6 percent to US $74.98 billion in the first half of 2023 as against $79.68 billion in the comparable months of […]

Export

Goyal Discusses Roadmap To Achieve $100 Bn Exports By 2030

Textile Insights July 20, 2023

At a brainstorming session held with officials of the Ministry of Textiles, Minister for Textiles Piyush Goyal discussed the roadmap to achieve the target of $250 billion in textiles production and $100 billion exports by 2030. According to a PIB press release, at the Chintan Shivir, Piyush Goyal emphasised on holistic approach towards making the […]