Tag: Textiles

India scaled its highest ever exports tally at US$ 44.4 Bn in Textiles and Apparel (T&A) including Handicrafts in FY 2021-22, indicating a substantial increase of 41% and 26% over corresponding figures in FY 2020-21 and FY 2019-20, respectively. USA was the top export destination accounting for 27% share, followed by EU (18%), Bangladesh (12%) and UAE (6%). In terms of product categories, the export of cotton Textiles was US$ 17.2 Bn with 39% share  registering a growth of 54% and 67% during 2021-22 over FY 2020-21 and FY 2019-20, respectively. ... Read more

A National Conference on PM Mega Integrated Textile Regions and Apparel Park(PM MITRA) Parks Scheme was organized by Ministry of Textiles on 4th May, 2022. The conference was inaugurated by Shri U.P Singh, Secretary, Ministry of Textiles followed by a detailed presentation on the PM MITRA Parks Scheme by Smt. Shubhra, Trade Advisor, Ministry of Textiles. The Conference provided a platform for making presentation by officials from 13 State Governments, viz. – Andhra Pradesh, Bihar, Chhattisgarh, Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Odisha, Punjab,  Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh enumerating the contours of the 18 ... Read more

The Government has notified uniform goods and services tax rate at 12 % on MMF, MMF yarn, MMF fabrics and apparel that has addressed the inverted tax structure in the MMF textile value chain. The changed rates will come into effect from 1st January, 2022. This will help the MMF segment grow and emerge as a big job provider in the country. The Textiles & Apparel (T&A) industry was having long pending (first under sales tax then, under VAT and finally under GST regime) demand for removal of inverted tax structure on manmade fibre (MMF) value chain. The GST on ... Read more

Ministry of Textiles Union Textiles Minister Inaugurates Certified Jute Seeds Distribution Program AndAwareness Workshop For Jute Farmers Calls Upon Farmers To Use Certified Seeds To Increase Production And Their IncomeProgram To Benefit Over 5 Lakh Farmers Posted On: 15 FEB 2021 5:41PM by PIB Delhi        Union Minister for Textiles and Women & Child Development,…