The future for the Indian textile industry looks promising, buoyed by both strong domestic consumption as well as export demand as China is drifting away from textile manufacturing activities. With consumerism and disposable income on the rise, the retail sector has experienced a rapid growth in the past decade with the entry of several international players like Marks & Spencer, Guess and Next into the Indian market.
India has paid out far more in cotton subsidies than is allowed by the World Trade Organization, with actual payments “vastly in excess” of what…+ More
Reserve Bank of India Governor Urjit Patel met Prime Minister Narendra Modi on Friday to iron out issues on which the government and the central…+ More
A Global Meet “Knowledge in Handloom Weaving in India” featuring many eminent speakers and experts from Oxford University, NALSAR, Columbia University, IIT Delhi, Netherlands, Germany…+ More
Union Textile Minister Smriti Irani stated that India held a special place in global textile trade as the 2nd largest textile exporter in the world,…+ More
The Union Minister for Commerce & Industry and Civil Aviation, Suresh Prabhu, is leading the delegation for the meeting for trade Ministers of RCEP member…+ More
Briefing media ahead of the East Asia summit, Vijay Thakur Singh, secretary (East) MEA, said, “The meeting of the Quad will take place but let’s…+ More