India News

Export of Silk Waste17-04-2025

Export of Silk Waste

As per DGCIS, Kolkata reports, during 2023-24, 3348 MT of silk waste was exported from the country.
The major silk products which is being imported from other countries is raw silk, and not the value-added products made up of silk waste. read more


TT Welcomes Bollywood Icon Rajkumar Rao as Its Brand Ambassador17-04-2025

TT Welcomes Bollywood Icon Rajkumar Rao as Its Brand Ambassador

On the auspicious occasion of Shivratri, TT, a legacy brand with 60 years of excellence in innerwear and casual wear, is set to redefine its marketing strategy by signing Bollywood star Rajkumar Rao as its brand ambassador. Rajkumar Rao, a Nati...

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LIVA Miss Diva 2024 Grand Finale Celebrates Beauty, Fashion, and Innovation

LIVA Miss Diva 2024 Grand Finale Celebrates Beauty, Fashion, and Innovation

The LIVA Miss Diva 2024 Grand Finale, held on 7th March 2025, was a spectacular celebration of beauty, fashion, and digital influence, bringing together India’s most talented individuals for a night of glamour and empowerment. LIVA, the 100% ...

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Textile Firms Facing CGST Investigation

Central Goods and Services Tax (CGST) officials have launched investigations into more than two dozen textile manufacturing companies across India in recent months for allegedly misclassifying textile processing activities, resulting in lower t...

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Surat Textiles Traders Form 16-Member Arbitration Panel To Resolve Disputes

The Federation of Surat Trade and Textile Associations (FOSTTA) has formed a 16-member arbitration panel to be chaired by retired Delhi judge Surinder Aggarwal. This newly established body aims to efficiently resolve business disputes within th...

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India Eyes $6 Billion Boost in Textile Exports with US Trade Deal

India’s textile industry is optimistic about a potential zero-for-zero trade agreement with the United States, which could increase exports by USD 6 billion within three years.
The Confederation of Indian Textile Industries (CITI) believes...

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Strong Domestic Demand to Drive 6.5% GDP Growth In FY25

India's economy has demonstrated remarkable resilience amid escalating global trade tensions and geopolitical uncertainties, according to the Reserve Bank of India's March 2025 bulletin.
Despite volatile international conditions, the nation ...

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Govt's PLI Scheme Disburses Rs 14,020 Cr

The central government's Production-Linked Incentive (PLI) scheme has received positive industry response following the disbursement of Rs 14,020 crore across multiple manufacturing sectors.
According to recent data from the Ministry of Com...

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Govt Expands Credit Support Ffr Small Traders, Farmers, & Entrepreneurs

The Government of India has implemented a series of targeted credit initiatives designed to support small traders, farmers, and emerging entrepreneurs across various sectors.
These strategic financial programs aim to provide accessible, aff...

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Finance Ministry Projects 6.5% GDP Growth Despite Global Challenges

In a comprehensive monthly economic review, India's Finance Ministry projected an accelerated economic growth trajectory for the January-March quarter of the current financial year, signaling a robust recovery after previous sluggish periods. <...

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IBC Emerges as Dominant Recovery Mechanism

The Insolvency and Bankruptcy Code, 2016 (IBC) has established itself as a consolidated framework for reorganisation, insolvency resolution, and liquidation of corporate persons, partnership firms, and individuals.
The primary objective of t...

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Startups to Focus on High-Tech Sectors

Union Commerce and Industry Minister Piyush Goyal called on Indian startups to shift their focus towards high-tech industries such as semiconductors, artificial intelligence, robotics, and machine learning.
Speaking at the inauguration of th...

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US Tariffs Impact on India's Growth

Citibank expects the Reserve Bank of India (RBI) to implement three additional rate cuts in 2024, totalling 75 basis points, as India's economic outlook weakens due to US-imposed import tariffs.
With this forecast, Citibank aligns with proje...

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Support to MSMEs Exporters

Ministry of Micro, Small and Medium Enterprises (MSME) has developed a support system towards export promotion by setting up 65 Export Facilitation Centres (EFCs) in its field offices namely, MSME Development and Facilitation Offices, MSME Tech...

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Policy to Revive Silk Industry

The Government through Central Silk Board has been implementing Silk Samagra-2 scheme with an outlay of Rs. 4,679.85 crore for the overall development of sericulture industry in the country from the year 2021-22 to 2025-26.
Under the scheme...

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Monitoring of Export Performance of Textiles

Ministry of Textiles is continuously monitoring export performance of textiles and taking various measures to boost production and exports in consultation with Textiles Export Promotion Councils and Industry Associations.
Government is imple...

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Programmes for Textiles Workers

Office of Development Commissioner (Handicrafts) is implementing National Handicrafts Development Programme and Comprehensive Handicrafts Cluster Development Scheme on pan India basis. Under these schemes, support to artisans is provided throug...

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Government extended the date for submission of data for the review of RoSCTL

The RoSCTL Committee, Department of Revenue has extended the last date for the submission of data for review of Rebate of States and Central Taxes and Levies (RoSCTL) on Export of Garments and Made-Ups rate from 31.03.2025 to 15.04.2025.
RoS...

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Employment Generation Under Textile Sector

The Office of Development Commissioner (Handicrafts) has not introduced any policies and schemes during the events. However, The Government of India is implementing various schemes/initiatives such as Pradhan Mantri Mega Integrated Textile Regi...

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Modernisation of Textile Sector

In order to promote growth and development of the textile sector including exports, the Government is implementing various schemes/initiatives including Scheme for Integrated Textile Park (SITP), Integrated Processing Development Scheme (IPDS),...

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Improving Textile Exports

India is ranked among the top textile exporting countries in the world with a share of approx. 4% of global textiles and apparel exports. The export of Textile & Apparel including Handicrafts has increased by 7% in April-December 2024 with ...

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Promotion of Traditional Textiles

The Government has taken various steps to preserve and promote traditional textile Industry of Handlooms. Design Resource Centres have been set up in Weavers’ Service Centres at Kolkata, Delhi, Mumbai, Varanasi, Ahmedabad, Jaipur, Bhubaneswar...

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GI Tagged Products

Ministry of Textiles promotes the provision of Geographical Indication (GI) of Goods (Registration & Protection) Act 1999, in respect of handloom & handicrafts products of pan India under the scheme, National Handloom Development Progra...

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Export of Silk Waste

As per DGCIS, Kolkata reports, during 2023-24, 3348 MT of silk waste was exported from the country.
The major silk products which is being imported from other countries is raw silk, and not the value-added products made up of silk waste. read more


Role of Indie HAAT in Promoting Indian Handicrafts and Handloom Products

Indie Haat initiative aligns with the objective of Atmanirbhar Bharat and Vocal for Local Campaigns. Indie Haat event curated exclusively for Bharat Tex to showcase and promote handloom and handicraft products of Indian weavers and artisans for...

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