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India's Manufacturing Incentives Progress Amid Efforts to Cut China Imports
Since 2020, India's cash incentives to boost domestic manufacturing have attracted over $17 billion (roughly Rs. 1,42,279 crore) of investment. The scheme, which offers four to six percent cash incentives on incremental sales to manufacturers, was launched across 14 sectors including electronics, pharmaceuticals, textiles and white goods.
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"People Wearing Khadi Were Seen As...": PM Modi Hails Development In Handloom Sector
Prime Minister Narendra Modi on Monday said that his government was working to revive the domestic textile sector and after 2014, efforts were made to change the mindset that had developed where people looked down on those who donned
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India To Have Own Clothing Size Chart Soon: Textiles Minister Piyush Goyal
India will soon have its own standard body sizes for the apparel sector with only the final touches pending following the conclusion of a nationwide survey, Union Textiles Minister Piyush Goyal said on Tuesday.
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PM Narendra Modi Announces Setting Up Of Mega Textile Parks In 7 States
Prime Minister Narendra Modi on Friday announced that PM MITRA mega textile parks would be set up in Tamil Nadu, Telangana, Karnataka, Maharashtra, Gujarat, Madhya Pradesh and Uttar Pradesh.
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Textile Sector Committed To Achieve $100 Billion Export Target By 2030: Minister
The textile industry is committed to achieving the $100 billion export target by 2030. Kashi and Tamil Nadu will play a major role in this, said Union Commerce and Textiles minister Piyush Goyal.
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"7-8 Seats In Surat": Arvind Kejriwal's Latest Prediction For Gujarat Polls
Surat has traditionally swayed towards the ruling BJP, with textile and diamond merchants backing the party, along with lakhs of people associated with the sectors in the business hub.
-
PM Meets Japan Business Leaders, Discusses India Investment Opportunities
PM Modi In Japan: PM Modi courted top Japanese business leaders, including Masayoshi Son of SoftBank and Osamu Suzuki of Suzuki Motor Corp, to discuss investment opportunities India offers in sectors ranging from textiles to automobiles.
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To Boost Textile Industry, Government Waives Customs Duty On Cotton Imports Till September 30
Finance Ministry on Wednesday waived customs duty on cotton imports till September 30, a move which will benefit the textile industry
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Textile Industry Should Focus on Machinery Production: Piyush Goyal
Textiles Minister Piyush Goyal has asked the domestic industry to get into innovative partnerships for developing 100 textile machinery champions
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New 10,000 Crore Scheme For Textiles, 7.5 Lakh New Jobs: Centre
The government approved the production-linked incentive (PLI) scheme worth Rs 10,683 crore for the textiles sector on Wednesday, September 8, in order to boost domestic manufacturing and exports
-
Second Wave Of COVID-19 Unlikely To Severely Impact Textile Sector: Report
The supply chain is impacted by local lockdown restrictions across many parts of the country, especially at major textile hubs including Ludhiana, Tirupur, Bhilwara, and Surat.
-
Government To Spend Rs 2 Lakh Crore Over 5 Years To Boost Manufacturing
The incentives will be given to manufacturers in 10 sectors including automobiles and auto parts, pharmaceuticals, textiles, and food products to attract investment
-
Cabinet Approves Production-Linked Incentive Scheme For 10 Sectors
Production-linked incentives will be offered for sectors such as white goods manufacturing, pharmaceutical, specialised steel, auto, telecom, textile, food products, solar photovoltic and cell battery.
-
Finance Minister Meets India Inc To Take Stock Of Coronavirus Impact
Some sectors, including pharma, textiles, electronics and hardware, and chemicals highlighted the challenges being faced by them as a result of the fast-spreading virus.
-
Centre Consults Large Corporates, MSMEs To Slay Slowdown
Besides, Goyal will meet representatives from aviation, road, textiles, food processing, renewable energy, tourism and mining industries along with these sector's concerned ministries. "It's a two-pronged strategy, whereby, we are trying to understand and address the issues being faced by corporates in expanding operations and enhancing their inves...
-
India's Manufacturing Incentives Progress Amid Efforts to Cut China Imports
Since 2020, India's cash incentives to boost domestic manufacturing have attracted over $17 billion (roughly Rs. 1,42,279 crore) of investment. The scheme, which offers four to six percent cash incentives on incremental sales to manufacturers, was launched across 14 sectors including electronics, pharmaceuticals, textiles and white goods.
-
"People Wearing Khadi Were Seen As...": PM Modi Hails Development In Handloom Sector
Prime Minister Narendra Modi on Monday said that his government was working to revive the domestic textile sector and after 2014, efforts were made to change the mindset that had developed where people looked down on those who donned
-
India To Have Own Clothing Size Chart Soon: Textiles Minister Piyush Goyal
India will soon have its own standard body sizes for the apparel sector with only the final touches pending following the conclusion of a nationwide survey, Union Textiles Minister Piyush Goyal said on Tuesday.
-
PM Narendra Modi Announces Setting Up Of Mega Textile Parks In 7 States
Prime Minister Narendra Modi on Friday announced that PM MITRA mega textile parks would be set up in Tamil Nadu, Telangana, Karnataka, Maharashtra, Gujarat, Madhya Pradesh and Uttar Pradesh.
-
Textile Sector Committed To Achieve $100 Billion Export Target By 2030: Minister
The textile industry is committed to achieving the $100 billion export target by 2030. Kashi and Tamil Nadu will play a major role in this, said Union Commerce and Textiles minister Piyush Goyal.
-
"7-8 Seats In Surat": Arvind Kejriwal's Latest Prediction For Gujarat Polls
Surat has traditionally swayed towards the ruling BJP, with textile and diamond merchants backing the party, along with lakhs of people associated with the sectors in the business hub.
-
PM Meets Japan Business Leaders, Discusses India Investment Opportunities
PM Modi In Japan: PM Modi courted top Japanese business leaders, including Masayoshi Son of SoftBank and Osamu Suzuki of Suzuki Motor Corp, to discuss investment opportunities India offers in sectors ranging from textiles to automobiles.
-
To Boost Textile Industry, Government Waives Customs Duty On Cotton Imports Till September 30
Finance Ministry on Wednesday waived customs duty on cotton imports till September 30, a move which will benefit the textile industry
-
Textile Industry Should Focus on Machinery Production: Piyush Goyal
Textiles Minister Piyush Goyal has asked the domestic industry to get into innovative partnerships for developing 100 textile machinery champions
-
New 10,000 Crore Scheme For Textiles, 7.5 Lakh New Jobs: Centre
The government approved the production-linked incentive (PLI) scheme worth Rs 10,683 crore for the textiles sector on Wednesday, September 8, in order to boost domestic manufacturing and exports
-
Second Wave Of COVID-19 Unlikely To Severely Impact Textile Sector: Report
The supply chain is impacted by local lockdown restrictions across many parts of the country, especially at major textile hubs including Ludhiana, Tirupur, Bhilwara, and Surat.
-
Government To Spend Rs 2 Lakh Crore Over 5 Years To Boost Manufacturing
The incentives will be given to manufacturers in 10 sectors including automobiles and auto parts, pharmaceuticals, textiles, and food products to attract investment
-
Cabinet Approves Production-Linked Incentive Scheme For 10 Sectors
Production-linked incentives will be offered for sectors such as white goods manufacturing, pharmaceutical, specialised steel, auto, telecom, textile, food products, solar photovoltic and cell battery.
-
Finance Minister Meets India Inc To Take Stock Of Coronavirus Impact
Some sectors, including pharma, textiles, electronics and hardware, and chemicals highlighted the challenges being faced by them as a result of the fast-spreading virus.
-
Centre Consults Large Corporates, MSMEs To Slay Slowdown
Besides, Goyal will meet representatives from aviation, road, textiles, food processing, renewable energy, tourism and mining industries along with these sector's concerned ministries. "It's a two-pronged strategy, whereby, we are trying to understand and address the issues being faced by corporates in expanding operations and enhancing their inves...
