Chennai, May 27 (IANS) The textile and apparel industry of Tamil Nadu is preparing for a major export push into European and British markets as upcoming free trade agreements are expected to improve competitiveness and reduce dependence on the United States market.Industry stakeholders believe the proposed trade agreements with the European Union and the UK could significantly expand India’s share in global textile exports by creating tariff parity with competing manufacturing hubs.Exporters s…
Latest Capacity Expansion News & Updates
New Delhi, April 8 (IANS) India’s steel industry clocked a robust 10.7 per cent year-on-year growth in production at around 168.4 million tonnes during 2025–26, consolidating its position as the world’s second-largest producer while navigating global uncertainties and price pressures, according to a statement issued by the Ministry of Steel on Wednesday.Domestic demand remained the key growth driver with finished steel consumption at 164 million tonnes, expanding by about 7–8 per cent, d…