|
|
| |
With the abolition of the
quota system in developed
nations and development
subsidy of Rs, 942 crore (USD
214 million), the Federal
Minister of State for
Textiles E V K S Elangovan
estimated that the textile
exports will double in the
next three years.<More>
Swiss Triumph to Expand
5000
(February 19, 2007)
Switzerland headquartered
innerwear brand Triumph
International revealed
plans to employ 5000
workers at its new
manufacturing facility
near Chennai to produce
15-20 million lingerie
units.<More>
India to be Major Textile Supply Hub
(July 10, 2006)
A US Department of Agriculture's
Economic Research Service report said
that there will be increased foreign
investment in Indian cotton and
textile industries that could propel
the nation as a major global clothing
supplier.<More>
Textiles Gearing Up, Cotton Bear Hugged
(May 17, 2006)
In a proactive move, the Government is preparing a
series of measures that will benefit the Textiles
industry and remove clogs to increase its competitive
against the Chinese when trade restrictions on China
will be lifted by 2008.<More>
Textile to reach USD 40-50B in TN
(April 12, 2006)
A Confederation of Indian Industry study predicted
that the textile industry in Tamil Nadu (TN) would
earn USD 40-50 and employ 5 million new workers by
2015.<More>
Textile Exporters Fault US, EU Limitations
(February 04, 2006)
The Indian Textile Export Promotion Council said that
restrictive practices in the US and EU continue to
block exports of textile raw materials to those
countries.<More>
Large Domestic Textile Growth
(January 30, 2006)
The textile industry in India, which relied mostly on
exports for high value income, is seeing a large
growth in the home textile segment.
<More>
|
|
|
Home Page
|
|
