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.
A review of cotton crop situation for the current year 2017-2018 (till September 2018), carried out by ICF directors here suggested that the monsoon would…+ More
With an objective to develop skills in the youths to help them get gainful and sustainable employment in textile sector, the ministry of textiles launched…+ More
In a bid to bridge the lag in actual revenue accrual, the finance ministry will from this fiscal shift to cash basis accounting for the…+ More