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Budget 2025: Textiles industry wants Budget to capitalise on shifting supply chain amid Bangladesh crisis – ET Retail

adminJanuary 23, 2025011 mins

India’s textile industry must focus on capitalising on the shifting global supply chain landscape, driven by the ongoing political crisis in Bangladesh. With global retailers scrambling to find alternative suppliers amidst the ongoing crisis in Bangladesh, industry stakeholders and experts urge the Indian government to introduce significant budget reforms to revitalise the country’s textile sector….

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Textile industry body seeks schemes to help achieve $100 billion export target by 2030 – ET Retail

adminDecember 30, 202404 mins

The Confederation of Indian Textile Industry (CITI) has urged the government to introduce schemes to drive investment and scale in the textile and apparel (T&A) industry to boost exports towards the US$100 billion target by 2030. Ministry of Textiles has set an ambitious target of achieving US$ 100 billion in textile and apparel exports by…

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India’s apparel exports surge 11.85 pc driven by strong demand in US, Europe – ET Retail

adminAugust 17, 202404 mins

Representative photo India’s apparel exports clocked a robust growth of 11.85 per cent in July on the back of strong demand in the US and European markets, according to data compiled by the Confederation of Indian Textile Industry (CITI). Apparel exports shot up to $1,277.20 million during July this year from $1,141.95 million in the…

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Confederation of Indian Textile Industry elects Rakesh Mehra as chairman for 2 years – ET Retail

adminOctober 2, 202303 mins

Representative Image NEW DELHI: The Confederation of Indian Textile Industry (CITI) on Friday has elected Rakesh Mehra as Chairman, Ashwin Chandran as Deputy Chairman and Dinesh Nolkha as Vice Chairman for two years- 2023-2025. The decision was made during the organisation’s 65th Annual General Meeting (AGM), held virtually. In a statement, the apex body of…