The Indian textile industry can turn a $300-billion industry by 2030 and generate 35 million jobs, according to Hari Thiagarajan, Tamil Nadu council vice chairman of the Confederation of the Indian Industry (CII), who said this is possible if the industry enhanced its focus on exporting more value-added products, modernisation and sustainable business practices.
The progress of textile parks, under the Scheme for Integrated Textile Parks (SITP), has been moving at a snail's pace.
New Delhi, Nov 29 Fifteenth Finance Commission Chairman N K Singh on Friday said the goods and services tax has been an iconic taxation reform that will improve compliance in the country.
LAHORE: The All Pakistan Textile Mills Association (Aptma) leadership has demanded uninterrupted electricity supply at the committed tariff of 7.5 cents per kilowatt-hour (kWh) to the export-oriented industry.
Japan is not considering signing the Regional Comprehensive Economic Partnership without India, according to the country’s deputy minister for economy, trade and industry Hideki Makihara.
The Telangana state recently sought about ₹898 crore from the Indian government for creating infrastructure at the upcoming Kakatiya Mega Textile Park (KMTP) in Warangal.