New Delhi, July 12 (IANS) More than 70 per cent of India’s total textile waste is currently recovered and channelled into recycling, upcycling, downcycling, or reuse as part of the circular economy, according to a government factsheet issued on Sunday.A circular economy is an economic system where materials and resources are reused, recycled, and kept in use for longer. This helps reduce waste and emissions while promoting a more sustainable mode of production. Its core principle is to ensure ci…
Latest Textile Industry News & Updates
New Delhi, June 11 (IANS) India’s textile industry has expanded to nearly $190 billion in 2025-26 and is poised to achieve the target of $350 billion by 2030, Textiles Minister Giriraj Singh said on Thursday.The domestic textile market has grown from about Rs 6 lakh crore in 2014-15 to over Rs 16 lakh crore, reflecting the sector’s robust expansion and increasing contribution to the national economy.He further noted that the textile and apparel sector currently provides direct employment to …
New Delhi, June 10 (IANS) The government on Wednesday approved 22 new applicants under the third round of the Production Linked Incentive (PLI) Scheme for Textiles, paving the way for investments worth Rs 2,339.14 crore and the creation of more than 36,000 jobs across the textile value chain.According to official data, the projects are projected to generate a turnover of Rs 15,561.34 crore from notified textile products and create 36,217 employment opportunities across the textile value chain.Wi…
Tiruppur, June 3 (IANS) Cotton yarn prices have registered their first major decline this year, offering relief to Tiruppur’s knitwear and textile industry in Tamil Nadu after months of rising raw material costs that had put manufacturers and exporters under severe pressure. The reduction follows the Central government’s decision to temporarily exempt cotton imports from customs duty between June and October, a measure aimed at increasing supply and stabilising prices in the domestic market….
Coimbatore, June 1 (IANS) The Tiruppur knitwear and textile industry has welcomed the Centre’s decision to temporarily remove customs duty on cotton imports, describing it as a timely intervention that will help reduce production costs, improve raw material availability, and enhance the global competitiveness of India’s textile and apparel exports. The Centre has announced a temporary exemption from all customs duties on cotton imports from June 1 to October 30, a move aimed at addressing co…
New Delhi, May 30 (IANS) The government’s decision to temporarily exempt all customs duties on cotton imports will improve raw material availability and ease pressure on the textile and apparel value chain, the industry said on Saturday.Welcoming the government’s move, the Apparel Export Promotion Council (Apparel Export Promotion Council) said the measure is expected to reduce input costs, improve cotton availability, and enhance the competitiveness of Indian textile and apparel exports, partic…
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…
New Delhi, May 20 (IANS) The government launched the Bharat Tex 2026 Event App on Wednesday to boost AI-driven networking and business matchmaking at India’s flagship global textile event, according to an official statement.The digital platform that was launched by Neelam Shami Rao, Secretary, Ministry of Textiles, is designed to enhance the experience of buyers, international delegates, speakers, sourcing consultants, partners, exhibitors and visitors, while supporting the scale and ambition …
Chennai, May 14 (IANS) Tamil Nadu Chief Minister C. Joseph Vijay on Thursday urged Prime Minister Narendra Modi to immediately remove the 11 per cent import duty on cotton, warning that the state’s textile and apparel sector was facing a severe crisis due to spiralling raw material costs. In a letter addressed to the Prime Minister, Vijay said the sharp increase in cotton and yarn prices had put immense pressure on garment manufacturers and threatened the livelihoods of lakhs of workers dependen…
Washington, May 14 (IANS) US lawmakers from both parties intensified pressure on President Donald Trump ahead of his summit with Chinese President Xi Jinping, urging him to confront Beijing on issues ranging from North Korean refugees and political prisoners to trade barriers, fentanyl and American manufacturing.In one of the sharpest bipartisan appeals, Congressman James Walkinshaw and Senator Tim Kaine urged Trump to press China to stop forcibly returning North Korean refugees, warning that th…