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Power Packed Panel Discussion on India Inc. E-commerce Growth Story at Galleria Intima 3.0.

By   /  August 18, 2014  /  Apparel & Fashion, Exhibition & Conference News  /  No Comments

Mumbai, India – The great Indian e-Commerce success story has truly arrived. An internet user base of 50 million fuelled by increasing incomes, greater demand and better connectivity, has set the stage for India to soon become the 3rd largest e-commerce industry in the world after the US and China. The recent spate of events […]

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Agreement Signed for Setting up of Ginning, Processing Factories and Warehouses in India.

By   /  August 18, 2014  /  Cotton News  /  No Comments

New Delhi, India – A Memorandum of Understanding has been signed between National Textile Corporation and Cotton Corporation of India Ltd., Mumbai, for setting up a Ginning & Pressing Factory, godown and other required infrastructure at Adoni, Andhra Pradesh. The information was given by the Minister of State (Independent Charge) in the Ministry of Textiles […]

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Minister of Textiles of India Requests to Enhance Customs Duty on Twisted Silk Yarn and Silk Fabrics Import.

By   /  August 8, 2014  /  Other Textile News  /  No Comments

New Delhi, India – The Minister of Textiles had requested the Department of Revenue to enhance Basic Customs Duty on Twisted Silk Yarn and Silk fabrics from existing 10% to 15%, in order to protect the domestic industry from cheap imports. The request was not acceded

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India: Ministry of Textiles Fixes Export Target of US$45 Billion for Textile Products.

By   /  July 28, 2014  /  Enewsletter, Featured News  /  No Comments

New Delhi, India – The Ministry of Textiles has fixed an export target of USD 45 billion for textile products for the year 2014-15, in consultation with the Industry. The target has not been revised. Exports of textile products are supported through different schemes under Foreign Trade Policy e.g. Focus

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India and Bangladesh Need to Double Supply of Jute Shopping Bags to the World.

By   /  July 15, 2014  /  Yarn & Fibre  /  No Comments

India / Bangladesh – Lack of modernisation and diversification has stunted the growth of India’s jute industry and both India and Bangladesh, world leaders in jute production, need to double their output to supply enough shopping bags to the world to meet the

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India, an Important Market and Now Also a Production Location for KARL MAYER.

By   /  July 7, 2014  /  Weaving & Knitting  /  No Comments

India / Germany – India is an important market for KARL MAYER. This traditional textile country is currently the second most important sales region for its Warp Preparation Business Unit. In some sectors, such as direct beaming and sizing machines, KARL MAYER has a market share of more than 90%. KARL MAYER opened its first […]

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Indian Technical Textile Market Poised to Reach Level of USD 32 Billion by 2023.

By   /  July 7, 2014  /  Technical Textiles / Nonwovens  /  No Comments

New Delhi, India – India’s technical textiles market which currently is estimated at USD 14 billion is likely to reach a level of USD 32 billion by 2023, hitting a Compounded Annual Growth Rate (CAGR) of 9%, the way the domestic textiles industry is diversifying towards non-woven technical textiles with technological innovations and building

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Pakistan: Experts Concerned Over Indian Growth in Exports to EU.

By   /  July 3, 2014  /  Other Textile News  /  No Comments

Lahore, Pakistan – Though Pakistan and Bangladesh enjoy GSP Plus status and Indian value-added textile exports are subject to normal duties in the European Union, still India posted highest growth in exports to the EU in the first quarter of 2014, experts said quotes The News International. Less increase in exports than non-GSP Plus India […]

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CII: India-Bangladesh Trade can Double to $10 Billion by 2018.

By   /  July 1, 2014  /  Other Textile News  /  No Comments

New Delhi, India – Industry body Confederation of Indian Industry said that India-Bangladesh trade could double to $10 billion by 2018, provided trading irritants like non-tariff barriers and infrastructure related issues are resolved. “The first stand- alone foreign visit of Hon’ble Ms Sushma Swaraj since taking over as the External Affairs

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Vietnam and India Agree to Bolster Strategic Partnership.

By   /  June 11, 2014  /  Other Textile News  /  No Comments

Vietnam / India – Vietnam and India should speed up ties in economics to further promote their strategic partnership, said Vuong Dinh Hue, head of the Party Central Committee’s Economic Commission quotes Vietnam Plus. Hue suggested the idea during his June 9 reception for Indian Ambassador to Vietnam Preeti Saran in Hanoi, during which they […]

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