textile sector

Banks To Play Key Role In Attaining $350 Billion Target For Indian Textile Sector

The government has supported more than 47 patents across textile value chain, which needs to be commercialised. 

Feb 24, 2025, 11:56 AM IST

Budget Allocates 19 Per Cent Outlay Increase For Ministry Of Textiles

By boosting domestic productivity, this initiative will stabilise raw material availability, reduce import dependence and enhance the global competitiveness of India's textile sector, where 80 per cent of capacity is driven by MSMEs.  

Feb 02, 2025, 12:56 PM IST

Weaving business suffered heavily during COVID-19, says Prerona Das Roy

The Covid outbreak and lockdown wreaked havoc on the micro-businesses, causing consumer demand to fall and hurting the garment sector as a whole.

Nov 29, 2021, 17:44 PM IST

India's economy seen losing steam in June quarter

India will release data later on Wednesday that is expected to show economic growth slowed in the June quarter, and despite having one of the world`s fastest growth rates it means millions of unemployed Indians will face an even longer queue for a job.

Aug 31, 2016, 05:20 AM IST

FDI of nearly $200 bn in textile sector in 2013-14

Foreign direct investment (FDI) of USD 199 billion was made in India`s textile sector in the financial year 2013-14, government data shows.

Aug 17, 2014, 22:48 PM IST

Govt may hike incentives for textile sector to boost exports

The government is expected to increase incentives for the labour-intensive textiles industry in the forthcoming Budget to boost sector's exports and manufacturing.

Jun 15, 2014, 19:15 PM IST