BharatTex2025

Textiles Minister to inaugurate Bharat Tex 2025

Second edition of Bharat Tex will focus on sustainable products.

The Union Minister for Textiles, Shri Giriraj Singh, will be inaugurating the second edition of Bharat Tex 2025 in presence of a large number of dignitaries and international buyers at Expo Mart Greater Noida on 12th February 2025. Following the resounding success of the inaugural Bharat Tex held in February 2024,  the upcoming edition promises to be even more impactful.

Bharat Tex 2025 is poised to bring business opportunities and strategic partnerships to the forefront.

Second edition of Bharat Tex will focus on sustainable products.

BangladeshApparelIndustry

New report highlights the need for solutions to tackle exploitation of workers and children in Bangladesh's garment sector.

A new report from the University of Nottingham’s Rights Lab and GoodWeave International highlights the risk of modern slavery and child labor in Bangladesh's garment supply chains and provides concrete recommendations to industry stakeholders to advance worker and child protection in the sector.

The ready-made garment (RMG) sector of Bangladesh employs over four million people.

UnionBudget2025

NITMA commends the governments move to impose BCD of “20% or Rs 115 pkg, whichever is higher” on knitted fabrics 
falling under chapter 60 on 9 HS codes.

However, these 9 HS codes account for only 35% of the total imports of 
fabrics & remaining 65% of the imports are still left unchecked.

The move by the government is recognition of the fact that these fabrics are being smuggled into the country.

Budget boosts textile sector's global edge: SIMA

Union Budget enhances global competitiveness for textile industry – SIMA.

The textile industry is the second largest employment provider of the nation, next only to agriculture that provides jobs predominantly to rural masses especially women to the tune of 110 million and the Government has set a vision of increasing the textile business size from the current level of USD 162 billion to USD 350 billion and the exports from the level of USD 35 billion to USD 100 billion by 2030.

The NDA Government led by Hon’ble Prime Minister, Narendra Modi having set a vision of 5Fs (Farm – Fibre – Factory – Fashion – Foreign) has been taking several pathbreaking initiatives to enhance the global competitiveness by addressing the structural issues.

Union budget 2025: Comments

Post budget comments from Sanjay Jain, Group Chief Executive Officer, PDS Ltd.

“Union Budget 2025 has placed a great impetus on boosting the national manufacturing for small, medium, and large industries; the domestic textile industry will be benefited from this move.

In line with Viksit Bharat's strategy, PDS recently acquired a 55% stake in Knit Galley India Pvt Ltd.

We aim to enhance our manufacturing capabilities in India while leveraging them to drive greater sourcing opportunities.

FTC

International Conference on Functional Textiles & Clothing

4th International Conference on Functional Textiles & Clothing (FTC)
Event Dares: 31st January - 2nd February, 2025
Venue: IIT Delhi, New Delhi, India
Frequency: FTC is a biannual conference held at IIT Delhi, New Delhi.
The event brings leading scientists, researchers, designers, and the textile and apparel industry together.

SLCP

SLCP has recently released a "Handbook for Due Diligence Implementation in the Textile Sector".
This document provides an overview of the textile industry’s existing tools, instruments, formats and guidance, and identifies the gaps where further clarification is needed.
It is intended to support the European Commission in formulating comprehensive guidelines for the textile sector and beyond, as required by the Directive on Corporate Sustainability Due Diligence (CSDDD) which came into effect on 5 July 2024.
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ICAC

CSITC Gains Momentum Amidst Internal Changes, Increasing Lab Participation.

The International Cotton Advisory Committee’s (ICAC) efforts to promote the instrument testing of cotton have been producing positive results, providing momentum as the new year begins.

More about: , ,
PHDCCI

2nd Conference on Technical Textiles

Key Highlights:

Inaugural Session: Role of Technical Textiles, Challenges, Opportunities & Way Forward.

Sessions on Innovations, Sustainability, and Future Trends.

Addresses by industry leaders, researchers, and government officials.

CITI

Analysis of Exports and Imports of T&A for December 2024

During Dec’24, Indian Textile exports were about 12.76% higher compared to Dec’23 while Apparel exports registered a growth of 12.89% during the same period. 

Cumulative exports of textiles and apparel during Dec’24 registered a growth of 12.82% over Dec’23.

UnionBudget2025

Pre-Budget Expectations Quotes | Retail and Ecommerce | Tech | IT | Startup
Find below the pre-budget expectations quote on Retail, E-commerce, FMCG, Tech, and Startups from CashKaro, TeamLease Digital, and QueueBuster.
By addressing these issues, the government can unlock the full potential of India's retail and technology sectors, unleashing animal spirit and ensuring sustained growth and competitiveness in the global market.

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