Union Minister of Textiles Giriraj Singh along with others New Delhi: The government has prepared a road map for creating 4.5-6 crore jobs in the textile sector by 2030, Union Minister Giriraj Singh said on Friday, asserting that efforts are being made to take the sector’s market size to USD 350 billion from around USD…
Representative Image New Delhi: The Indian textile industry is set to experience developments in 2024, driven by improving demand in export markets, resilient consumer spending in key sectors, and favourable geopolitical conditions, according to the B&K Securities report. In the ready-made garments (RMG) sector, the demand offtake in export markets is anticipated to show substantial…
Prime Minister Narendra Modi Bharat Tex Expo: Prime Minister Narendra Modi on Monday inaugurated the four-day Bharat Tex Expo 2024 at Bharat Mandapam, which boasts to be the world’s largest textiles event. Speaking at the marquee event, the PM highlighted the government’s focus on connecting all elements of the textile value chain with five Fs:…
An employee irons a garment at a textile factory in Istanbul, Turkey, November 15, 2023. REUTERS/Umit Bektas Ceyda Caglayan ISTANBUL, – Turkish clothing manufacturers, the third-largest suppliers of apparel to Europe, face higher production costs and risk falling further behind their Asian rivals after the government hiked taxes on textile imports, sector leaders say. Ankara…
