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textile

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Textile Ministry rejects CNN report claiming textile recycling in Panipat has become dumping ground for fast fashion waste, says India recycles 97% waste with...

OpIndia Staff -
The Ministry of Textiles has strongly rebutted a recent CNN International report on textile recycling in India, terming its portrayal as misleading, selective, and...
News Reports

From Tiruppur to the EU and the US: How the new trade deals could transform India’s textile hubs and double Tamil Nadu’s garment exports

Shriti Sagar -
Close to 28% of total textile and textile product exports from India in FY25 were meant for exports to the USA alone.
Economy and Finance

All textile mills in Bangladesh to be shut down indefinitely from 1 February, association says mills can’t repay loans amid clash with exporters over cheap...

OpIndia Staff -
In a move that can have serious implications on Bangladesh's economy, the Bangladesh Textile Mills Association (BTMA) has declared an indefinite closure of all...
Economy and Finance

India eyes $100 billion in textile exports by 2030, forms roadmap to double its sales to FTA partners

OpIndia Staff -
India is developing a plan to raise its textile export share to its FTA partners from 5.8% to roughly 12%.
News Reports

‘We will transform India into a global export hub, Viksit Rashtra in next 25 years’: PM Modi at Bharat Tex 2024

ANI -
"Today the government is supporting lakhs of cotton farmers, purchasing lakhs of quintals of cotton from them. The Kasturi Cotton launched by the government is going to be a big step towards creating India's own identity," he added.
News Reports

Millions of textile workers go jobless as textile exports dwindle in crisis-hit Pakistan

OpIndia Staff -
Over 7 million workers in the textile industry in Pakistan have been laid off due to economic crisis the country is facing
Government and Policy

Finance Ministry notifies 12 per cent GST to bring uniformity in textiles, apparels, says it will correct duty anomaly: Details

OpIndia Staff -
The Finance Ministry said uniformity in GST rates would aid the resolution of input tax credit residues
Crime

Police arrests 9 illegal Bangladeshi migrants working in a textile mill in Thane: Details

OpIndia Staff -
The Thane Police arrested 9 illegal Bangladeshi immigrants who were working in a textile mill at Saravali village.
News Reports

Union govt approves 7 Mega Integrated Textile Region and Apparel Parks (PM MITRA), to generate 7 lakh direct and 14 lakh indirect employment

OpIndia Staff -
Centre approves 7 Mega Integrated Textile Region and Apparel Parks (PM MITRA) with the objecting of putting India on global textiles map
Economy and Finance

Kitex group receives offers from 10 states after it withdrew ₹3500 crore investment in Kerala citing harassment, TN promises subsidies and freebies

OpIndia Staff -
Tamil Nadu has sent a formal invitation to Kitex group to invest the state after it withdrew projects in Kerala citing harassment by officials
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