Textile Industry
Mint explainer: how can India’s ₹5,659 crore Cotton Productivity Mission transform textiles?
With output stagnating and imports rising, the Centre’s ₹5,659 crore Cotton Productivity Mission aims to lift yields, improve fibre quality and restore India’s textile export competitiveness.
3 min read10 May 2026Scrap cotton import duty and build strategic reserve, textile industry asks government
The Confederation of Indian Textile Industry warned in a report that if the current domestic-international price disparity continues, yarn exports could drop 20-25%, resulting in an estimated annual loss of up to $1.2 billion in textile export earnings.
3 min read7 May 2026Mint Explainer: Why is the govt weighing a duty cut on cotton imports?
As domestic cotton production hits a five-year low, the government faces a high-stakes balancing act: scrap import duties to keep Indian textiles globally competitive, or maintain them to shield local farmers from a price crash.
4 min read29 Apr 2026Govt mulls customs duty relief on cotton import to support textile industry
Raw cotton imports into India attract a 5% basic customs duty. The government had exempted the commodity from import duty from 19 August to 30 September 2025. This was later extended till 31 December 2025.
2 min read28 Apr 2026India’s textile waste holds billions, but inefficiencies block recovery
If current waste volumes are processed optimally, the same quantity could generate nearly ₹99,800 crore in value, compared to about ₹21,300 crore realised currently, leaving a gap of ₹78,500 crore, a report by FICCI and the Resource Efficiency and Circular Economy Industry Coalition, said.
3 min read21 Apr 2026Budget 2026 report card on exports, textiles, and startups
A five-part data series on how the Budget 2026 performed on 15 key concerns the country faces. This part covers exports, textiles, and startups.
2 min read1 Feb 2026New labour codes: Textile industry says night shifts for women will boost production, exports
Industry bodies also said measures such as single registration, single licence and single return for employers, along with an inspector-cum-facilitator system instead of strict enforcement, would make it easier to do business.
2 min read21 Nov 2025Welspun CEO Dipali Goenka shares her $1 billion textile empire journey: From homemaker to billion-dollar business
In the interview with Mint, Welspun CEO Dipali Goenka shared her life lessons, drive, personal strengths, and ambition, along with the challenges she faced to bring the company to its $1 billion textile empire level. Here's what she said…
4 min read1 Oct 2025Lower GST seen boosting jobs and demand in labour-intensive sectors
Sectors such as textiles and footwear, which employ millions in small and medium units, have been facing severe cost pressures and are thus key beneficiaries of the GST cuts.
4 min read4 Sep 2025Uniform focus helps 120-year-old Mafatlal Industries sew up revival
Over the past five years, the company shut its loss-making denim division, exited contract manufacturing for overseas retail brands, reduced its workforce through voluntary retirement scheme and focused on debt repayment.
3 min read30 Aug 2025Wait for it…
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