The budget allocation for the textile sector saw a steep increase from the FY24-25 revised figure of Rs 3,342 crore to Rs ...
Dinesh Nolkha, Chairman and Managing Director of Nitin Spinners expects stability in cotton and yarn prices going forward.
Another pressing issue is the rampant under-invoicing of knitted fabric imports, particularly from China. Industry experts estimate that this malpractice leads to a staggering revenue loss of ...