Stay updated with the latest textile-industry news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on textile-industry topics.
Bhopal, Sep 13 (SocialNews.XYZ) Investor confidence in the PM MITRA Textile Park in Dhar (Madhya Pradesh) has surged ahead of its grand inauguration, with proposals worth Rs 27,109 crore already received. Major textile organisations and industry groups have expressed strong interest in setting up operations at the park, signaling a wave of industrial expansion and employment generation in Madhya Pradesh. The project is expected to create nearly 3 lakh jobs -- 1 lakh direct and 2 lakh indirect ...Read More >
New Delhi [India], September 13 (ANI): Home textile manufacturers are bracing for a 5-10 per cent decline in revenue, apart from reduction in operating profitability, as the 50 per cent tariffs imposed by the US came into effect on August 27, Crisil Ratings said in a report. Exports of home textiles account for about three quarters of the industry's revenue. Also Read | Solar Eclipse 2025 Date and Time in India: Can You Have Sex During Surya Grahan? Exploring the Myths and Superstitions vs Rea ...Read More >
New Delhi [India], September 13 (ANI): Home textile manufacturers are bracing for a 5-10 per cent decline in revenue, apart from reduction in operating profitability, as the 50 per cent tariffs imposed by the US came into effect on August 27, Crisil Ratings said in a report. Exports of home textiles account for about three quarters of the industry's revenue. The report noted that three key factors could help cushion the impact: strong frontloading of sales between April and August 2025; limite ...Read More >
New Delhi: The Indian government's decision to allow duty-free cotton imports, mainly from the United States, is expected to provide some relief to the country's apparel exporters, who face a 50% duty in the US. Industry leaders believe the move will help manufacturers by raising the share of US-origin inputs in finished garments, partially shielding them under America's reciprocal tariff rules. Under the new tariff structure, duties are applied only to the portion of a product that does not us ...Read More >
AIADMK general secretary and former Tamil Nadu Chief Minister Edappadi K. Palaniswami has called on Prime Minister Narendra Modi to announce a... AIADMK general secretary and former Tamil Nadu Chief Minister Edappadi K. Palaniswami has called on Prime Minister Narendra Modi to announce a six-month moratorium on loan repayments for textile units in the state, warning that the additional tariffs imposed by the United States on Indian exports could trigger large-scale job losses. In a statement, ...Read More >
The Tamil Nadu government on Monday inked some memoranda of understanding (MoUs) in Germany, including the one with the Munich-headquartered Knorr-Bremse, during Chief Minister M.K. Stalin's ongoing visit to the European nation. The company will invest ₹2,000 crore in the establishment of an advanced facility for making railway doors and braking systems. This will be Knorr-Bremse's first-ever major manufacturing investment in Tamil Nadu. The project is expected to generate jobs for 3,500 perso ...Read More >
WASHINGTON/NEW DELHI, Aug 27 (Reuters) - U.S. President Donald Trump's doubling of tariffs on imports from India to as much as 50% took effect as scheduled on Wednesday, delivering a serious blow to ties between two powerful democracies that had in recent decades become strategic partners. A punitive 25% tariff, imposed due to India's purchases of Russian oil, was added to Trump's prior 25% tariff on many imports from the South Asian nation. It takes total duties as high as 50% for goods as var ...Read More >
New Delhi, Aug 28 (PTI) As the 50 per cent tariffs imposed by the US come into effect, close to one-fourth of India's textile exports may be severely impacted in the next six months, with America being the largest export market for the country's apparel industry and exporters grappling with order cancellations, experts said on Thursday. However, the extension of duty-free import of cotton by three more months till December 31 is expected to bring some much-needed relief to the domestic textile ...Read More >
New Delhi, Aug 28 (PTI) As the 50 per cent tariffs imposed by the US come into effect, close to one-fourth of India's textile exports may be severely impacted in the next six months, with America being the largest export market for the country's apparel industry and exporters grappling with order cancellations, experts said on Thursday. However, the extension of duty-free import of cotton by three more months till December 31 is expected to bring some much-needed relief to the domestic textile ...Read More >
New Delhi, Aug 28 (SocialNews.XYZ) Aam Aadmi Party (AAP) national convenor and former Delhi Chief Minister Arvind Kejriwal on Thursday accused the Centre of betraying farmers by removing the 11 per cent import duty on cotton, alleging that the move was taken under pressure from the US. Kejriwal said the decision would render domestic farmers uncompetitive, as US cotton would now be available Rs 15-20 cheaper per kg than Indian cotton. He claimed that India's textile industry will procure cheap ...Read More >
New Delhi: Aam Aadmi Party (AAP) national convenor and former Delhi Chief Minister Arvind Kejriwal on Thursday accused the Centre of betraying farmers by removing the 11 per cent import duty on cotton, alleging that the move was taken under pressure from the US. Kejriwal said the decision would render domestic farmers uncompetitive, as US cotton would now be available Rs 15-20 cheaper per kg than Indian cotton. He claimed that India's textile industry will procure cheaper imports before October ...Read More >
Chennai, Aug 28 (SocialNews.XYZ) Tamil Nadu has once again emerged as the country's leader in industrial employment, with Chief Minister M.K. Stalin attributing the achievement to the policies of the Dravidian model government. Citing the Union government's Annual Survey of Industries 2023-24, CM Stalin said the recognition from New Delhi is itself the strongest rebuttal to critics, who have been "targeting" the state government on the industrial and economic fronts. In a post on 'X', the Chie ...Read More >
New Delhi, Aug 28 (SocialNews.XYZ) Apparel Export Promotion Council (AEPC) Chairman Sudhir Sekhri wrote to Prime Minister Narendra Modi on Thursday expressing support for the government's efforts to protect farmers, dairy, and fishermen amid trade pressures from the United States. Though AEPC expressed concern over the US' imposition of 50 per cent tariffs on Indian imports, which it believed will impact the competitiveness of India's textile and apparel industry, it lauded the government for " ...Read More >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including ...Read More >
New Delhi: To give relief to the textile sector from the US tariffs, the Central Government on Thursday announced to extend the exemption of import duty on cotton till December 31, 2025. The move is aimed at ensuring adequate availability of cotton for the domestic textile industry, according to a Ministry of Finance press release. It also stated that further notifications will follow. The release noted, "To augment availability of cotton for the Indian textile sector, the Central Government ha ...Read More >
New Delhi, Aug 28 (SocialNews.XYZ) The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over ...Read More >
VISAKHAPATNAM: The depression over northwest and adjoining west-central Bay of Bengal and north Andhra Pradesh - south Odisha coasts moved north-north-westwards and crossed South Odisha coast close to Gopalpur during early morning of Tuesday and lay cantered over south coastal Odisha. Weatherman said it was likely to move north-westwards across south Odisha and south Chhattisgarh and weaken into a well-marked low-pressure area during next few hours. Under its influence, thunderstorms accompani ...Read More >
New Delhi, Aug 19 (PTI) The Samyukt Kisan Morcha on Tuesday opposed a government notification allowing duty-free import of raw cotton till September 30, calling it a death warrant for cotton framers across the country. In a statement issued here, the amalgam of farmer unions accused Prime Minister Narendra Modi of "duplicity and betrayal". "The government has said that the elimination of import duty on cotton as well as Agriculture Infrastructure Development Cess (AIDC) is necessary in the pub ...Read More >
HYDERABAD: BRS working president KT Rama Rao on Wednesday described the Supreme Court order on nomination of two MLCs as "a slap in the face of both the Congress and the BJP". The apex court issued an order modifying its earlier interim directive on the nomination of Prof M Kodandaram Reddy and Amer Ali Khan to the state Legislative Council under the Governor's quota. In a press statement, Rama Rao said that the Supreme Court declaring invalid the appointments of Kodandaram and Amer Ali as MLC ...Read More >
New Delhi: As the US tariffs come into play, the biggest concern in India is for the textile sector. Government statistics show that the Indian textile and apparel market was valued at around $222 billion in 2024, and projections suggest it could reach $350 billion by 2030. The US is the largest market for the textile industry -- which employs approximately 45 million people, an employment figure second only to agriculture -- making up 33% of India's total exports. People in the trade warn that ...Read More >
CHENNAI: Governor R N Ravi, Chief Minister M K Stalin, AIADMK general secretary Edappadi K Palaniswami, and leaders of political parties paid tributes to freedom fighter Dheeran Chinnamalai on his death anniversary on Sunday. "The nation pays humble tribute to the great patriot, visionary leader and fearless commander Dheeran Chinnamalai. With unmatched courage and strategic brilliance, he led relentless campaigns against the oppressive British East India Company, boldly challenging colonial ty ...Read More >
Union Minister of Coal and Mines G. Kishan Reddy, here on Sunday, said Telangana is fast developing into a handloom hub with the proposed Kakatiya Mega Textile Park in Warangal sanctioned by the Centre expected to attract investments worth ₹10,000 crore providing employment to an estimated two lakh persons. The Modi government had also distributed 100 electronic jacquard weaving machines here and helped establish 31 handloom producer companies. Efforts are also on to revive the Himroo fabrics, ...Read More >
Hyderabad: Union Minister G Kishan Reddy has underlined that the Centre, under Prime Minister Narendra Modi, has actively promoted the textile sector through the 'Make in India' programme and is implementing the '5F' strategy: Farm to fibre, fabric, fashion, and foreign markets. In his speech, after inaugurating a week-long festival to celebrate National Handloom Day on Sunday, he observed that the handloom sector had experienced consistent growth over the past 11 years. According to him, this ...Read More >
COIMBATORE: Textile industry stakeholders have voiced concern over the recent hike in US tariffs on textile and garment imports, warning that the move could dent export competitiveness and disrupt trade momentum at a time when India is expanding its global trade engagements.Southern India Mills' Association (SIMA) chairman S K Sundararaman expressed concern over the US tariff decision. While India was celebrating the progress of its Free Trade Agreement (FTA) with the UK and ongoing trade negoti ...Read More >
Consul General of India in Barcelona, Inbasekar Sundaramurthi, lauded Madhya Pradesh CM Mohan Yadav's recent visit to Spain, calling it highly energetic and productive. Yadav's swift MoU with Submer, focus on cold storage, and vision for Catalonia collaboration mark the beginning of deeper India-Spain economic ties. Inbasekar Sundaramurthi, Consul General of India in Barcelona, on Saturday said that the visit of Madhya Pradesh Chief Minister Mohan Yadav was a successful one. The Consul General ...Read More >
CHENNAI: AT only 16 years of age, Tayin Arun is at the forefront of a new generation of talented surfers, part of a brand-new movement of Indian surfing. Enjoying an almost meteoric rise in the junior divisions, the surfer broke through to the national surfing team last year, and is now looking to prove his worth with the rest of his teammates at the upcoming ASF Asian Surfing Championships in Mahabalipuram to be held from August 3 to 12. Hailing from Akkarai, Tayin is no stranger to sports. Hi ...Read More >
Bhopal, July 18 (SocialNews.XYZ) Madhya Pradesh Chief Minister Mohan Yadav held a round-table meeting in Barcelona with representatives of leading global textile machinery companies on the third day of his visit to Spain on Friday. The meeting was organised with the objective of establishing Madhya Pradesh as a hub for textile machinery manufacturing and promoting partnerships with European technology providers. Discussions focused on the establishment of a textile machinery manufacturing hub ...Read More >
We will seek their comments to make new industrial policy a reality. We want to come out with the new policy as soon as possible, said AroraSource : pexel Punjab Industries Minister Sanjeev Arora on Thursday said industry-specific committees will be formed to advise the state government for shaping up a new industrial policy. Arora said a total of 22 committees comprising industrialists will be formed. Each committee will comprise 8 to 10 members with its chairman, said Arora while addressing ...Read More >
Patna: Non-vegetarian dishes have made Bihar's politics spicier on several occasions, and so union minister and senior JD (U) leader Rajiv Ranjan Singh aka Lalan Singh' recent mutton party for party workers and supporters under his Munger constituency was no exception. Lalan Singh listened to problems of common people at Suryagarha in Lakhisarai district of Bihar (part of Munger constituency) to sort them out with local authorities and also threw a mutton party for them, creating a controversy ...Read More >
Chandigarh: To bring in a new industrial policy, Punjab govt has constituted 22 sector-specific committees, which will cover key areas like electric vehicles, renewable energy, food processing, start-ups, and film media.Punjab industries minister Sanjeev Arora said these committees will ensure a structured and collaborative engagement between industry and state govt. Each committee will operate for two years from the date of notification, with the possibility of extension at the govt's discretio ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.