India's textile industry grapples with rising fabric imports, reflecting dependence on foreign sources. Government initiatives like the PLI scheme hold promise but face challenges, including underutil...
Textile
India's cotton production and exports are experiencing decline and continued uncertainty, subsequently casting a shadow on the textile industry as well. On June 10, the Cotton Association of India (CA...
India's handicraft exports size has shrunk in FY 2022-23 with a Y-o-Y decline of 20%. This de-growth is attributed to both international and domestic factors. IBT examines various reasons behind the d...
India's merchandise exports fell by 8.8% YoY basis in February 2023, taking overall export value to US$ 405.94 billion during April-February. Despite the subdued global economic scenario, India's serv...
Textiles is one of India's largest, oldest, and most crucial employment-generating industries, attracting both small-scale traders and reputable companies....
In 2022-23(Apr-Sep), the cotton yarn recorded exports worth US$ 231,972 million, from US$ 422,004 million in 2021-22....
As COVID-19 struck, millers have significantly cut on their demand for raw cotton as consumer interest in apparel fell sharply. But tthe global shift to less-polluting industries might help cotton ta...