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Synthetic textiles: Imports hurt, exports hold new hopes
October 2019
Currently man-made fibre (MMF) dominates global textile fibre consumption with 72:28 ratio —MMF 72 per cent and natural fibre 28 per cent.
A shot in the arm
March 2019
With the unveiling of 207 HSN Codes for the technical textile industry in India, the Government has convincingly conveyed its seriousness to promote this industry in a big way.
CITI’s 9th ATEXCON to be held on March 14
February 2018
The Confederation of Indian Textile Industry (CITI) will be organising its 9th Asian Textile Conference (ATEXCON) on March 14, 2018 at Hotel ITC Maratha, Mumbai.
Sanjay Jain bags prestigious award
January 2018
Sanjay K Jain, Chairman, Confederation of Indian Textile Industry (CITI) and Managing Director of TT Ltd, has been awarded the Prestigious BW Businessworld & GOPIO Global Business Award for “Contribution to India’s International Trade by a Resident Indian”.
Golden Era?
October 2017
Not long back when the textile market shifted from Europe to Asian countries, India having a vast knowledge and experience in the textile sector was expected to flourish as the global textile leader, but due to internal factors it remained an unachieved dream, avers Avinash Mayekar.
Modi sets $650 bn textile export target
July 2017
Narendra Modi, Honorable Prime Minister of India, while inaugurating India’s largest ever textile meet, Textiles India-2017 on June 30th in Gandhinagar, Gujarat, India heralded the strength and capacity of the Indian textile industry.
GST reform a major step forward: CITI
November 2016
The politics of Goods and Services Tax (GST) Bill may take some more time to sort out, but its basic impact on various industries can be analysed beforehand. GST and its impact on the textile sector was the hot topic of discussion at the recently-concluded 58th Annual General Meeting of Confederation of Indian Textile Industry (CITI), held at Hotel ITC Maratha, Mumbai on September 28, 2016. Speaking on GST were: Sachin Menon and Santosh Dalvi from KPMG, and Sanjeev Saraf and Dilip Dixit from BSR & Associates.
Smriti Irani is the new Textiles Minister
August 2016
The announcement of portfolios for Prime Minister Narendra Modi’s new-look Cabinet saw some big portfolio changes among the existing ministers. In one such change, Smriti Irani will now take charge as Textiles Minister. She has taken over from Santosh Kumar Gangwar, who has now been given the Finance department. Ajay Tamta will also be given an active role in the Textiles Department. Irani was earlier the Minister of Human Resource Development. She joined the Bharatiya Janata Party in 2003. She became Vice President of the Maharashtra Youth Wing in 2004.
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