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Apparel industry is going through a challenging phase: MoS Textiles

The Dollar Business Bureau Minister of State (MoS) for Textiles Ajay Tamta said on Wednesday that India’s apparel industry is going through challenging times and added that the Government has formed a committee to address the concerns and look into the issues raised by the industry. “Apparel industry is going through a challenging phase and to address the concerns of the Industry, a committee has been formed by the Government to look into the issues raised by the Industry,” the Minister said while inaugurating the 60th edition of India International Garment Fair (IIGF) at Pragati Maidan, New Delhi. Tamta further said the textile package announced by the Government is benefiting the sector, immensely. In 2016, the Government has announced a Rs.6,000 crore special package for ...

Textiles Minister to inaugurate 58th IIGF 2017

PTI The India International Garment Fair (IIGF), the country's largest garment show in South Asia covering apparel and fashion accessories, begins in Delhi on Wednesday. The three-day fair provides a platform to overseas garment buyers to source products and forge business relationships with Indian players in the apparel and fashion accessories domain. The 58th IIGF caters primarily to Autumn-Winter 2017/18. A total of 312 participants from 14 states are participating in the fair. The sellers would be showcasing womenswear, accessories, kids wear and menswear," Textiles Ministry said. The 58th edition of India International Garment Fair (IIGF) will be held from January 18 - 20, 2017. The 58th IIGF caters primarily to Autumn-Winter 2017/18. Organized by Apparel Export Promotion Council (AEPC) ...

India-Canada free trade agreement likely to be concluded by March 2016: Official

Source: PTI The proposed free trade agreement between India and Canada, which aims to reduce or eliminate duties on a large number of products traded between the two nations, is likely to be concluded by March next year. "CEPA with Canada is at a very advanced stage. We expect that by December or latest by March it should take shape," a senior official told PTI. The negotiations for the agreement, which is officially dubbed as Comprehensive Economic Partnership Agreement (CEPA), were launched by both the countries in November, 2010 to further boost bilateral trade and investment. The proposed pact seeks to open services sector and facilitating investment proposals. The ninth round of negotiations towards a Canada-India CEPA were held ...