garments – News Portal

Production Linked Incentive scheme for textile sector to be revised

October 2, 2025October 2, 2025cpooldigitalLeave a Comment

[ad_1] The textile industry is expecting an announcement soon on a revised Production Linked Incentive (PLI) scheme for the sector, with focus on manmade fibre (MMF) textiles. Union Minister for Textiles Giriraj Singh recently posted on X, “From expanding opportunities to smoother implementation, the PLI Scheme is now more dynamic than ever. With new reforms, […]

CMAI seeks uniform 5% GST on apparel to correct ‘anomaly’

September 4, 2025September 7, 2025cpooldigitalLeave a Comment

[ad_1] The increase of the 5% limit for garments from ₹1,000 each to ₹2,500 is a positive move, said the Cloth Manufacturers Association of India (CMAI). File | Photo Credit: The Hindu The textile industry, which welcomed the revision of GST rates for the textile value chain in both manmade fibre and cotton sectors, expressed […]

U.S. tariffs to impact revenue of garment exporters

August 26, 2025August 26, 2025cpooldigitalLeave a Comment

[ad_1] Profitability of RMG exporters dependent on the U.S. could contract 300-500 basis points, says Crisil Ratings. | Photo Credit: SIVA SARAVANAN S Revenue growth of India’s readymade garment (RMG) industry is set almost to halve on-year this fiscal as the imposition of 50% tariffs by the U.S. comes into effect from August 27, according […]

U.S. is the largest market for some of the Indian textile and engineering goods, say exporters

August 2, 2025August 2, 2025cpooldigitalLeave a Comment

[ad_1] The exporters have urged the government to reintroduce the interest subvention scheme. Indian exporters, mainly the micro, small and medium-scale enterprises, have 2% to 3% disadvantage because of the high interest rates in India compared to the competing countries. | Photo Credit: SIVA SARAVANAN S Exporters of textiles, garments, and engineering goods fear that […]

Indian MMF sector should tap the potential in “affordable synthetic fashion”, says study

July 8, 2025July 8, 2025cpooldigitalLeave a Comment

[ad_1] The rising mid-income populations across Africa, South East Asia, and Latin America has led to a growth in demand for performance-driven, climate-adapted, and cost-sensitive apparel that the Indian manmade fibre (MMF) sector can tap, study shows. Representational image. | Photo Credit: Reuters The rising mid-income populations across Africa, South East Asia, and Latin America […]

Domestic garment makers hope for better days with curb on imports

May 20, 2025May 20, 2025cpooldigitalLeave a Comment

[ad_1] Image used for representational purpose. | Photo Credit: Reuters With India restricting import of readymade garments from Bangladesh through land ports, domestic garment manufacturers hope to see revival in orders. In a notification issued on May 17, the Director General of Foreign Trade (DGFT) said readymade garments can be imported from Bangladesh only through […]