News Analysis - Textile

  • Textile Exports to Double (March 19, 2007)
    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>

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