India News

Reliance Retail’s Fashion World announces strategic  partnership with Francorp10/06/2025

Reliance Retail’s Fashion World announces strategic partnership with Francorp

Reliance Retail’s Fashion World has entered a strategic
partnership with franchise consulting firm Francorp to
scale its high-street fashion format across India. The collaboration aims to drive Fashion World’s nationwide expansion read more


Navyasa by Liva  Unveils ‘Unified  Contrasts’ Collection10/06/2025

Navyasa by Liva Unveils ‘Unified Contrasts’ Collection

Navyasa by Liva from Birla Cel-lulose unveiled their stunning
Spring Summer ’25 collection Unified Contrasts at a Fashion Week.
Designed for the modern woman, this
highly anticipated collection offers a
mesmerizing blend of ethere...

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Shree Ramkrishna  Exports awarded  for leadership in  sustainability10/06/2025

Shree Ramkrishna Exports awarded for leadership in sustainability

Shree Ramkrishna Exports Private Limited has been
recognised with the Top Environmental Impact Project
of the Year award at the E+E Leader Awards. The title
highlights the business’ industry-leading sustainability
practices across...

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Why are the prices of Garments and Hosiery not increasing?

We all hear statements daily from television, newspapers,
politicians, and traders that the prices of food items, vegetables, medicines, and FMCG products are increasing by 10%
to 30%, and are expected to increase further. In such circu...

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Gujarat is now India’s second highest textile exporter

Gujarat has emerged as India’s second-largest textile exporter for the 2024 fiscal year, with outbound shipments
totalling $5,749 million. While Tamil Nadu maintained the
top spot, Gujarat’s consistent performance over the past fiv...

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Decathlon partners with Tata Cliq Fashion to bolster online presence

Global multi-sports apparel and lifestyle brand Decathlon has partnered with Tata Cliq Fashion to
strengthen its e-commerce presence in India and connect
with shoppers in new geographies, especially across Tier
2 and Tier 3 cities.â...

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India Reimposes MIP on 4 Synthetic Knitted Fabric Codes

India has reimposed a minimum import price (MIP) on
four HSN codes under Chapter 60, which covers synthetic
knitted fabrics. The MIP initially ended on March 31 this
year. The Directorate General of Foreign Trade (DGFT),
under t...

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H&M Foundation visits Panipat to Promote Circular Textile Economy

A delegation from the H&M Foundation and Global Fashion Agenda recently visited a key textile recycling hub
in Panipat to explore collaborative strategies for a circular
and inclusive textile economy. The visit was hosted by the read more


Kokuyo to Acquire HNI Corporation’s India Business

Japanese business Kokuyo Company Limited has entered into a definitive agreement to acquire HNI Corporation’s India business, HNI Office India Ltd, as part of its
long-term strategy to strengthen its presence in the Indian
commercial w...

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Implementation of PM Mitra Scheme

With a view to develop integrated large scale and modern
industrial infrastructure facility for the entire valuechain of the textile industry, the Government has approved
setting up of 7 (Seven) PM Mega Integrated Textile Region
and...

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Development of Silk Sector

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.
Unde...

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Madhya Pradesh gets approval for PM MITRA textile park project

Madhya Pradesh has received formal approval for the
Rs. 2,100 crore PM Mega Integrated Textile Region
and Apparel (PM MITRA) Park project.
The project has been sanctioned by the Union Ministry of
Textiles and will be the first i...

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Measures to Improve India's Global Ranking in Textile Manufacturing

I
n order to popularize Indian textiles in global market
and to promote Indian textiles, the Government is implementing various schemes/initiatives. The major schemes/
initiatives include PM Mega Integrated Textile Regions and
App...

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Roadmap For Textile Sector

Government in order to achieve Textile 2030 vision has
been focusing on high-tech & high-growth product
segments, leveraging inherent strengths, developing large
scale plug and play infrastructure, keeping sustainability
at ...

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Impact Of FTAS and PTAS On Exports

India has signed 14 Free Trade Agreements (FTAs) and 6
Preferential Trade Agreements (PTAs) with its trading
partners to give boost to India’s exports.
The Government is implementing various schemes/
initiatives to promote India...

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Government Procures 100 Lakh Bales of Cotton Under MSP Operations

In current cotton season 2024-25, up to March 31, 2025,
Government of India, through its nodal agency, the Cotton
Corporation of India Ltd. (CCI) under Ministry of Textiles
has successfully procured 525 lakh quintals of seed cotton,...

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Japan: Tariff negotiator rules out quick U.S. deal despite push by Trump

U.S. President Donald Trump’s administration is in a hurry
to strike a deal in tariff negotiations with Japan, Japanese
economic revitalization minister Ryosei  Akazawa said after returning from a U.S. trip earlier in the day. Ak...

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NITRA and NBRI Partner to Explore Fiber Potential Of Milkweed

The Northern India Textile Research Association
(NITRA), based in Ghaziabad, has signed a Memorandum of Understanding (MoU) with the CSIR–National
Botanical Research Institute (NBRI) in Lucknow. This
agreement aligns with Indiaâ€...

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Over Two Dozen Textile Firms Face 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, resulti...

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Textile Mills Struggle After Bangladesh Closes Land Ports

India’s textile industry is facing a significant challenge
as Bangladesh has closed its land ports for yarn exports,
affecting nearly 30 per cent of India’s yarn shipments, primarily dyed and special yarn.
This closure has disrup...

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Growth Hinges On Tax Incentives & Global Trade Dynamics

According to a Deloitte report, India’s economic trajectory
faces two counterbalancing forces that will shape growth
outcomes. The tax incentives introduced in the Union Budget
2025, designed to stimulate consumer spending, serve ...

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Apparels Lead In Indian Textile And Apparel Exports Growth of 6.32% In FY 2024-25

India’s exports of textiles and apparel have achieved a
growth of 6.32 per cent during FY 2024-25, compared to
the previous year, with the apparel segment being the main
growth driver, according to an analysis by the Confederation...

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India’s Economy Set To Grow 6.5% In FY26

India’s economy is poised to expand by 6.5 per cent in the
current financial year, according to EY’s latest Economy
Watch report released. This growth is expected to be supported
by falling crude oil prices and manageable inflat...

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India’s FY26 Growth to Outpace IMF Forecast, Projected at Up to 6.8%

Finance Secretary Ajay Seth stated that India’s economy
is likely to grow between 6.3 per cent and 6.8 per cent
in 2025-26, with actual growth probably settling near the
middle of that range. This projection exceeds the Internatio...

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Government mulls credit card for e-commerce exporters

The central government is exploring the idea of developing
a credit card for e-commerce exporters in order to help
to alleviate current financial pressures, especially for e-commerce exporters with warehouses abroad. “We are working <...

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