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Tirupur exporters eye expansion in Odisha
A delegation from the knitwear hub of Tirupur has visited Odisha to assess investment opportunities in setting up garment manufacturing units in the State. The delegation also held discussion with the Odisha Government officials on the possibility of making investments in a new textile park near Bhubaneswar.
India’s position in global textile industry
The top 10 markets in the world for textile and apparel constitute for 48 per cent of India’s total textile and apparel exports. The current global apparel market is worth $1.7 trillion and it constitutes around 2 per cent of the world’s GDP. The European Union, USA and China are the world’s largest apparel markets with a combined share of approximately 54 per cent.
Gangwar inaugurates garment unit at PHWP
The Palladam Hi-tech Weaving Park (PHWP), Palladam was the first park to be developed under the Scheme for Integrated Textile Parks (SITP) of Ministry of Textiles by availing 40 per cent grant from Central Government and 9 per cent grant from the State Government.
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