Coimbatore: The Confederation of Indian Textile Industry (CITI) will on Thursday conduct a meeting of associations in the textile sector to gather their demands and present it to the Centre, representatives said here on Monday.
According to a latest update from the Reserve Bank Of India, in order to boost credit to export sector, it has been decided to effect following changes in para 8 of the "Master Direction on Priority Sector Lending (PSL)-targets and Classification" dated July 7, 2016 (updated as on December 4, 2018) pertaining to export credit.
Coimbatore : With textile industry not an exception from the economy slow down, Confederation of Indian Textile Industry (CITI) is convening a meeting of all the industry stakeholders to get an on hand information about the needs and requirements, to be forwarded to the Centre.
For New Delhi, protecting vulnerable sectors from competition remains a challenges
The rupee on Tuesday opened 16 paise higher at 70.78 against the US dollar.
The country’s apparel exports to India have registered a 10.6 per cent growth in the July–August period of FY2019–20 due to the growing number of retail stores and fashion-conscious consumers in India, say experts.