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News
textile sector
Textile sector News
Handloom weaving
29 Nov 2021
Weaving business suffered heavily during COVID-19, says Prerona Das Roy
The Covid outbreak and lockdown wreaked havoc on the micro-businesses, causing consumer demand to fall and hurting the garment sector as a whole. Many loom workers left for their hometowns and did not return, causing hardship for handloom owners. Around 4.5 crore people are working in India's textile sector, including 35.22 lakh handloom workers.
Indian economy
30 Aug 2016
India's economy seen losing steam in June quarter
India will release data later on Wednesday that is expected to show economic growth slowed in the June quarter, and despite having one of the world`s fastest growth rates it means millions of unemployed Indians will face an even longer queue for a job.
FDI
17 Aug 2014
FDI of nearly $200 bn in textile sector in 2013-14
Foreign direct investment (FDI) of USD 199 billion was made in India`s textile sector in the financial year 2013-14, government data shows.
textile sector
15 Jun 2014
Govt may hike incentives for textile sector to boost exports
The government is expected to increase incentives for the labour-intensive textiles industry in the forthcoming Budget to boost sector's exports and manufacturing.
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