Indian Development News 🇮🇳
BREAKING: Bangladesh, US sign reciprocal tariff agreement. Under the agreement, the US will reduce reciprocal tariff to 19 percent. In addition, the US committed to establishing a mechanism for certain textile and apparel goods from Bangladesh using US produced…
Bangladeshi #textile products made using US cotton will have zero tariffs whereas Indian textile will face 18% tariff.
#Geopolitics #Trade
#Geopolitics #Trade
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Cotton farmers are planning protests against India-US #Trade deal after Trade minister Piyush Goyal said India will receive zero reciprocal tariffs like Bangladesh if India buys cotton from US. #agriculture #Textile
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Cabinet Decision
• Cabinet approves Ship Repair Facility at Vadinar, Gujarat #Port
• Cabinet approves “Mission for Cotton Productivity” with Rs.5659.22 crore Outlay for Self-Sufficiency in Cotton and Competitiveness Global Textile Markets by 2030-31
#policy #Textile
• Cabinet approves Fair and Remunerative Price of Rs.365/qtl for Sugarcane Farmers for season 2026-27. Decision benefits 5 crore sugarcane farmers and 5 lakh sugar mill workers. #Farmers
• Cabinet approves Emergency Credit Line Guarantee Scheme 5.0. NCGTC to provide credit guarantees to Member Lending Institutions for eligible borrowers affected by the West Asia situation. Target: Rs. 2,55,000 crore additional credit flow (including Rs. 5,000 crore for airlines). #Policy #Aviation
• Cabinet approves two more semiconductor manufacturing units with cumulative investment of more than Rs. 3,900 crore
#Semiconductor #aatmarnirbharbharat
• Cabinet approves Ship Repair Facility at Vadinar, Gujarat #Port
• Cabinet approves “Mission for Cotton Productivity” with Rs.5659.22 crore Outlay for Self-Sufficiency in Cotton and Competitiveness Global Textile Markets by 2030-31
#policy #Textile
• Cabinet approves Fair and Remunerative Price of Rs.365/qtl for Sugarcane Farmers for season 2026-27. Decision benefits 5 crore sugarcane farmers and 5 lakh sugar mill workers. #Farmers
• Cabinet approves Emergency Credit Line Guarantee Scheme 5.0. NCGTC to provide credit guarantees to Member Lending Institutions for eligible borrowers affected by the West Asia situation. Target: Rs. 2,55,000 crore additional credit flow (including Rs. 5,000 crore for airlines). #Policy #Aviation
• Cabinet approves two more semiconductor manufacturing units with cumulative investment of more than Rs. 3,900 crore
#Semiconductor #aatmarnirbharbharat
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During his initial media appearance, the TVK Salem West MLA stated that his primary objective is to immediately halt all ongoing work at the #Textile Park in Salem, Tamil Nadu.
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This video is not from China. It is from the Indian state of Odisha.
A modern apparel manufacturing facility in Khordha with a production capacity of 20 million garments per year, catering primarily to export markets.
#Textile
A modern apparel manufacturing facility in Khordha with a production capacity of 20 million garments per year, catering primarily to export markets.
#Textile
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Centre waives customs duty on cotton imports till October 30 to support textile industry.
Move comes after Tamil Nadu CM Vijay Joseph requested PM Modi for the same. #Textile #Policy
https://t.co/hcliCPY1r7
Move comes after Tamil Nadu CM Vijay Joseph requested PM Modi for the same. #Textile #Policy
https://t.co/hcliCPY1r7
Moneycontrol
Centre waives customs duty on cotton imports till October 30 to support textile industry- Moneycontrol.com
The move is aimed at improving the availability of cotton for India's textile and apparel industry while helping manufacturers manage input costs amid supply concerns.
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YKK will invest $150 million in a new manufacturing facility in India, expanding capacity for zippers and fastening products. The Japanese firm operates in 70+ countries and runs integrated production systems across 100+ facilities globally. The investment adds manufacturing capacity to India’s textile and apparel supply chain.
Source
#Investment #Textile
Source
#Investment #Textile
The Textile Magazine
YKK strengthens India commitment with US$150 Million Investment in New Manufacturing Facility - The Textile Magazine
Expanding Capacity to Serve a Fast-Growing Textile and Apparel Hub In a significant endorsement of India’s growing stature as a global textile and apparel manufacturing powerhouse, YKK Corporation has announced…
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Grasim Industries is investing ₹3,094 crore in Karnataka for Phase-II Lyocell fibre expansion. By 2030, capacity will reach 210,000 TPA. This supports India's 'Make in India' vision by boosting domestic sustainable textile production for global exports, challenging China's 40–50% market share. #Textile
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#Textile exporters see tripling of UK market share to 15% post India-UK trade pact. #Exports
https://t.co/jPOmUWQB2z
https://t.co/jPOmUWQB2z
The Financial Express
Textile exporters see tripling of UK market share to 15% post India-UK trade pact
India exported nearly $1.8 billion worth of apparel and home textiles to the UK in FY26, accounting for around 5% of the market.
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The PLI Scheme for Textiles has led to investments of Rs 8,117.64 crore and creation of 33,427 new jobs as of March 31, 2026, with 170 companies approved.
The government also noted textile and apparel exports rose to Rs 3,25,339 crore in 2025-26 and highlighted initiatives like PM MITRA Parks and other schemes to strengthen the sector amid global headwinds. #Textile #Policy
The government also noted textile and apparel exports rose to Rs 3,25,339 crore in 2025-26 and highlighted initiatives like PM MITRA Parks and other schemes to strengthen the sector amid global headwinds. #Textile #Policy
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Pallavaa Group invests ₹1,000 crore in Virudhunagar PM-MITRA Park, building a fully integrated facility for spinning, weaving, knitting & processing. With world-class infrastructure and rising global demand for sustainable fibres, this marks a big leap in India’s textile future. #Textile
Source
Source
The Textile Magazine
Pallavaa Group Announces ₹1,000-Crore Investment in Integrated Textile Manufacturing - The Textile Magazine
Major investment at PM-MITRA Park, Virudhunagar, to strengthen integrated capabilities in spinning, weaving, knitting and processing Pallavaa Group, one of India’s established manufacturers of man-made fibre (MMF) yarns and fabrics,…
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🚀 MCPI & Indian Oil (IOCL) have signed a joint venture agreement to build a ₹5,000-crore mega integrated polyester facility in Bhadrak, Odisha. Moving the project into the execution phase. The upcoming facility features a 900 TPD Continuous Polymerisation unit that will produce polyester chips, Fully Drawn Yarn (FDY), and Draw Textured Yarn (DTY) to boost India's downstream textile value chain. #Textile
Source
Source
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BIS is modernising 21 cotton-testing labs under a ₹38.72-cr Consumer Affairs project. India grows about 23% of world cotton. Plans cover 22 HVI testers and 44 trash analysers; 14 HVIs and 28 analysers are already live in 13 labs. #Textile
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India’s textiles ministry plans to identify 5,000–10,000 new district-level exporters over 2–3 years. About 530 districts already ship textiles; focus includes 100 aspirational districts and the bottom 25 of 100 champion districts. States are implementing district export road maps. #Textile #Exports
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🧵 The Union Cabinet is expected to approve four key components of the integrated textile programme within the next two months to provide funding and operational clarity. Part of the 2026-27 Budget strategy, the initiatives (including NFS, TEEM, Tex-Eco, and Samarth 2.0) aim to modernize traditional clusters, boost domestic machinery manufacturing, and scale India's textile market to $350 billion by 2030. #Policy #Textile
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Indian garment makers are moving to Odisha, Bihar, Jharkhand and MP. Labour in NCR, Bengaluru, Tiruppur and Chennai has got expensive and hard to find.
Page Industries gets a wage subsidy in Odisha for 7 years. Gokaldas runs two shifts in Ranchi, something it couldn't pull off at its other 27 units. Pearl Global says costs in these states can match Bangladesh.
KPR Mill is putting ₹450 crore into an Odisha plant. The industry employs 45 million people, second only to farming. #Textile
Page Industries gets a wage subsidy in Odisha for 7 years. Gokaldas runs two shifts in Ranchi, something it couldn't pull off at its other 27 units. Pearl Global says costs in these states can match Bangladesh.
KPR Mill is putting ₹450 crore into an Odisha plant. The industry employs 45 million people, second only to farming. #Textile
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🧵 Indo Rama Synthetics approves ₹200 cr expansion for specialty filament & specialty fibre at Butibori, Nagpur — via itself + arm Indorama Ventures Yarns, ops in 12-18 months; high-tenacity polyester, nylon remain import-heavy (India ∼49K tons polyester, 29K tons nylon imports, heavy China dependency). #Textile #MakeinIndia
Source
Source
Dalal Street Investment Journal
Indo Rama Synthetics approves Rs 200 crore speciality yarn and fibre expansion at Butibori
Indo Rama Synthetics will invest about Rs 200 crore in speciality filament and speciality fibre capacity at Butibori, marking a larger capital push after a sharp FY26 recovery in profitability.
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An 8-hour weekly power cut has been proposed for industrial zones across Surat, Navsari, and South Gujarat due to a severe #power supply deficit.
The move right before Diwali threatens massive production delays for the #textile and diamond sectors. The SGCCI has urgently appealed to CM Bhupendra Patel to adjust the timing to late-night hours to save critical daytime working shifts.
The move right before Diwali threatens massive production delays for the #textile and diamond sectors. The SGCCI has urgently appealed to CM Bhupendra Patel to adjust the timing to late-night hours to save critical daytime working shifts.
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Govt weighs Rs 40,000 cr TEEM (Textile Expansion & Employment) Scheme to modernise #Textile/Garment clusters over 5 yrs — infra/tech upgrade to boost competitiveness, #exports to $100bn by 2030 ahead of EU FTA; proposal under EFC review, Cabinet approval soon;
🔗 Mint
🔗 Mint
mint
Government weighs ₹40,000-crore plan to modernise textile clusters over five years | Mint
The proposed Textile Expansion and Employment (TEEM) Scheme is part of a broader push to boost textile and garment manufacturing and exports, and capitalise on key free trade agreements signed by India in recent years, including those with the UK and the…
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