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.
Indian companies are not only investing in Africa but are also forging new people-driven partnerships and creating jobs, which are impacting lives of common people…+ More
Narrows to $13.98 billion in September; exports contract 2.15%, imports grow 10.45% India’s trade deficit narrowed to a five-month low at $13.98 billion in September…+ More
Despite, Free Trade Agreements (FTA’s) and Preferential Trade Agreements (PTA’s), India’s textile trade has not been performing well, said Aditi Das Rout, Trade Advisor, Ministry…+ More
Powerloom Development & Export Promotion Council (PDEXCIL) has again come up with a grand Reverse Buyer Seller Meet (RBSM) to promote export of textiles and…+ More