All posts tagged: textile sector

Tamil Nadu CM Vijay urges Prime Minister Modi to scrap cotton import duty amid textile sector crisis

Tamil Nadu CM Vijay urges Prime Minister Modi to scrap cotton import duty amid textile sector crisis

Tamil Nadu Chief Minister C. Joseph Vijay on Thursday urged Prime Minister Narendra Modi to immediately remove the 11 per cent import duty on cotton, warning that the state’s textile and apparel sector was facing a severe crisis due to spiralling raw material costs. In a letter addressed to the Prime Minister, Vijay said the sharp increase in cotton and yarn prices had put immense pressure on garment manufacturers and threatened the livelihoods of lakhs of workers dependent on the sector. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Aim for all-year exports: Minister | ‘Textiles should scale up to gain from FTAs’ | Business News

Aim for all-year exports: Minister | ‘Textiles should scale up to gain from FTAs’ | Business News

2 min readNew DelhiMar 12, 2026 03:52 AM IST India’s textile sector should aim to scale up to achieve $200 billion of exports from the improved market access of $465 billion from free trade agreements (FTAs) with other countries, Textiles Minister Giriraj Singh said Wednesday. Urging industry to specialise and diversify, he said they should aspire to produce and export fibre and garments for 8 months instead of just 4 months cycle at present to create a 12-month textiles export cycle. “We should find a place in (textiles) exports for 8 months, not just 4 months… we should look to capture at least $200 billion from the $465 billion market access provided by the FTAs,” he said at the launch of Bharat Tex 2026, which will be held July 14 onwards at Bharat Mandapam in Delhi. Textiles Secretary Neelam Shami Rao said in the coming months, there will be roadshows across countries and domestically to invite buyers to source from India. “It’s the time for buckling up…and it’s the time to demonstrate our best products. …