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Coimbatore's Textile, MSME Sector Seek Relief After US Tariff Hike, Cite Covid
The MSME and textile industry in Tamil Nadu's Tirupur and Coimbatore could face a wipeout, with the 50 per cent tariff imposed by Donald Trump kicking in.
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Expand Export Markets, Boost Local Demand: India's Plan For Trump Tariffs
Faced with the United States' 50 per cent tariff on exports, India has reached out to dozens of nations to up trade in key sectors like textiles and chemicals. The goal - offset a potential $48 billion loss in export of goods and services to the US.
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Centre Makes Raw Cotton Import Duty-Free Till September 30 To Support Textile Sector
The Centre has temporarily scrapped the 11% duty on raw cotton imports until September 30, seeking to cool prices and ease cost pressures on the textile industry at a time when exporters face mounting tariff barriers abroad.
-
Amid US Tariffs, India Suspends Cotton Import Duties Temporarily To Aid Textile Sector
India has exempted import duties on cotton from August 19 to September 30, fulfilling the demand of industry groups who said exemptions would help make the sector more competitive.
-
Leather, Gems, Jewellery Among Key Sectors Hit Hard By 50% US Tariff
Domestic export sectors such as leather, chemicals, footwear, gems and jewellery, textiles and shrimp will be severely impacted by the imposition of the 50 per cent tariff by the US, say industry experts.
-
Trump Raises Tariffs To 50%: What It Means For India
US President Donald Trump today announced an additional 25 per cent tariff on goods coming from India as penalty for what he called New Delhi's continued buying of Russian oil.
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US Tariffs To Impact India's Textile Exporters In A Big Way, Say Experts
US President Donald Trump's announcement regarding the imposition of 25 per cent additional import duty plus penalty on goods imported from India will hit the country's textile exporters in a big way.
-
Kolhapuris To Banarsis: How Trade Deal With UK Put "Brand India" On Global Map
Protecting and promoting the "Brand India"-- from Kohlapuri Chappals to Banarsi and Chanderi textiles-- is a massive priority in the India-UK Free Trade Agreement set to be signed on Thursday in London.
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5G to Contribute $450 Billion in Next 15 Years, Digitise Indian Economy, Boost Startup Ecosystem: Piyush Goyal
5G will contribute $450 billion to the Indian economy in next 15 years, stated Indian Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Minister Piyush Goyal. The launch of indigenous 5G testbed will be milestone towards Aatma Nirbhar Bharat (Self-reliant India) in telecom. It will help in digitising the economy, bo...
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India's Textile Industry Revs Up, Offering Good News For PM Modi
At Texport Industries' factories in south, thousands of mostly women workers are busy converting yarn and fabrics into T-shirts, shirts, spaghetti tops and kids' clothes for U.S. customers of Tommy Hilfiger and Kohl's Corp.
-
Indian Government Asks Hyundai To Be More Forceful In Apology For Pakistan Dealer's Post On Kashmir
Piyush Goyal, cabinet minister for Textiles, Commerce and Industry has said that the Government of India wants Hyundai to be more forceful in unequivocal apology for the controversial tweet posted by a Hyundai Pakistan dealer.
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India To Soon Get Its Own Standard Of Apparel Size: Smriti Irani
Union minister Smriti Irani on Sunday said Indian textiles and garments industry would soon get its own country-specific apparel size.
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Researchers Develop Sanitary Napkins From Jute
Union Textiles Minister Smriti Irani today applauded the low-cost jute based sanitary napkin developed by Indian Jute Industries Research Association (IJIRA) here and asked the body to help promote women entrepreneurship.
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Four Centres Of Excellence Have Been Approved In Indian Capital Goods Industry, Says Centre
The Department of Heavy Industry has approved four Centres of Excellence (CoE) in the fields of Textile Machinery, Machine Tools, Welding Technology and Smart pumps under the Scheme for enhancement of competitiveness in the Indian Capital Goods Industry, says the Union government.
-
Coimbatore's Textile, MSME Sector Seek Relief After US Tariff Hike, Cite Covid
The MSME and textile industry in Tamil Nadu's Tirupur and Coimbatore could face a wipeout, with the 50 per cent tariff imposed by Donald Trump kicking in.
-
Expand Export Markets, Boost Local Demand: India's Plan For Trump Tariffs
Faced with the United States' 50 per cent tariff on exports, India has reached out to dozens of nations to up trade in key sectors like textiles and chemicals. The goal - offset a potential $48 billion loss in export of goods and services to the US.
-
Centre Makes Raw Cotton Import Duty-Free Till September 30 To Support Textile Sector
The Centre has temporarily scrapped the 11% duty on raw cotton imports until September 30, seeking to cool prices and ease cost pressures on the textile industry at a time when exporters face mounting tariff barriers abroad.
-
Amid US Tariffs, India Suspends Cotton Import Duties Temporarily To Aid Textile Sector
India has exempted import duties on cotton from August 19 to September 30, fulfilling the demand of industry groups who said exemptions would help make the sector more competitive.
-
Leather, Gems, Jewellery Among Key Sectors Hit Hard By 50% US Tariff
Domestic export sectors such as leather, chemicals, footwear, gems and jewellery, textiles and shrimp will be severely impacted by the imposition of the 50 per cent tariff by the US, say industry experts.
-
Trump Raises Tariffs To 50%: What It Means For India
US President Donald Trump today announced an additional 25 per cent tariff on goods coming from India as penalty for what he called New Delhi's continued buying of Russian oil.
-
US Tariffs To Impact India's Textile Exporters In A Big Way, Say Experts
US President Donald Trump's announcement regarding the imposition of 25 per cent additional import duty plus penalty on goods imported from India will hit the country's textile exporters in a big way.
-
Kolhapuris To Banarsis: How Trade Deal With UK Put "Brand India" On Global Map
Protecting and promoting the "Brand India"-- from Kohlapuri Chappals to Banarsi and Chanderi textiles-- is a massive priority in the India-UK Free Trade Agreement set to be signed on Thursday in London.
-
5G to Contribute $450 Billion in Next 15 Years, Digitise Indian Economy, Boost Startup Ecosystem: Piyush Goyal
5G will contribute $450 billion to the Indian economy in next 15 years, stated Indian Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Minister Piyush Goyal. The launch of indigenous 5G testbed will be milestone towards Aatma Nirbhar Bharat (Self-reliant India) in telecom. It will help in digitising the economy, bo...
-
India's Textile Industry Revs Up, Offering Good News For PM Modi
At Texport Industries' factories in south, thousands of mostly women workers are busy converting yarn and fabrics into T-shirts, shirts, spaghetti tops and kids' clothes for U.S. customers of Tommy Hilfiger and Kohl's Corp.
-
Indian Government Asks Hyundai To Be More Forceful In Apology For Pakistan Dealer's Post On Kashmir
Piyush Goyal, cabinet minister for Textiles, Commerce and Industry has said that the Government of India wants Hyundai to be more forceful in unequivocal apology for the controversial tweet posted by a Hyundai Pakistan dealer.
-
India To Soon Get Its Own Standard Of Apparel Size: Smriti Irani
Union minister Smriti Irani on Sunday said Indian textiles and garments industry would soon get its own country-specific apparel size.
-
Researchers Develop Sanitary Napkins From Jute
Union Textiles Minister Smriti Irani today applauded the low-cost jute based sanitary napkin developed by Indian Jute Industries Research Association (IJIRA) here and asked the body to help promote women entrepreneurship.
-
Four Centres Of Excellence Have Been Approved In Indian Capital Goods Industry, Says Centre
The Department of Heavy Industry has approved four Centres of Excellence (CoE) in the fields of Textile Machinery, Machine Tools, Welding Technology and Smart pumps under the Scheme for enhancement of competitiveness in the Indian Capital Goods Industry, says the Union government.
