TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Yogi Govt to End 6-Decade Wait, Grant Land to East Pakistan Hindu Refugees

    Yogi Govt to End 6-Decade Wait, Grant Land Titles to East Pakistan Hindu Refugees

    Temple Row Sparks Fresh Violence Between Thailand and Cambodia

    Border Tensions Flare Again Between Thailand and Cambodia: Ancient Shiva Temple Dispute Turns Deadly

    Pakistan Ranked Among the World's Weakest Passports in 2025

    Pakistan Ranked Among the World’s Weakest Passports in 2025

    60 Days or Less: H-1B Workers Face Deportation

    60 Days or Less: H-1B Workers Face Deportation Despite Legal Status

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    How to Choose the Best Bank to Open a Savings Account in 2025

    How to Choose the Best Bank to Open a Savings Account in 2025

    Ahead of PM Modi's visit, Cabinet approves free trade agreement between India and UK

    PM Modi to Sign Landmark Free Trade Deal With UK as Cabinet Gives Green Light

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    BSF Initiates Drone Warfare Upgradation After Operation Sindoor

    BSF Initiates Biggest-Ever Plan To Upgrade Drone Warfare Ecosystem After Operation Sindoor

    BITS Students Build Kamikaze Drones, Power Indian Army

    Kamikaze Drones from Campus Hostel : This is How Two BITS Students Deliver Combat-Ready Drones to Indian Army

    Apache: World’s Most Advanced Attack Helicopter Now in Indian Hands

    Apache Choppers Near Pakistan Border: A Strategic Game Changer for India

    MiG-21 Fighter Jets to Be Retired from Indian Air Force Service by September

    MiG-21 Fighter Jets to Be Retired from Indian Air Force Service by September

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Temple Row Sparks Fresh Violence Between Thailand and Cambodia

    Border Tensions Flare Again Between Thailand and Cambodia: Ancient Shiva Temple Dispute Turns Deadly

    India-China Review Border Situation, Prepare for High-Level Boundary Talks

    India, China Review Border Situation, Gear Up for High-Level Special Representative Talks

    Delhi Reopens Tourist Visas for Chinese Citizens After 5 Years

    India-China Ties Back on Track? Delhi Reopens Tourist Visas for Chinese Citizens After 5 Years

    Pakistan Offers Protection—Only After 20 Chinese Nationals Die

    Pakistan’s Terror Problem Hits China, After 20 Deaths Shehbaz Makes Empty Promise on ‘Protection’

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Echoes of the Cholas in Today’s Bharat

    Conqueror of the Seas: Rajendra Chola and the Rise of Naval Bharat

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    Highest RTP Casino Games to Get Better Wins

    Highest RTP Casino Games to Get Better Wins

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    One in Four Indian Married Couples Are Now Overweight

    ICMR Study: One in Four Indian Married Couples Are Now Overweight or Obese—Shared Lifestyle to Blame

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Yogi Govt to End 6-Decade Wait, Grant Land to East Pakistan Hindu Refugees

    Yogi Govt to End 6-Decade Wait, Grant Land Titles to East Pakistan Hindu Refugees

    Temple Row Sparks Fresh Violence Between Thailand and Cambodia

    Border Tensions Flare Again Between Thailand and Cambodia: Ancient Shiva Temple Dispute Turns Deadly

    Pakistan Ranked Among the World's Weakest Passports in 2025

    Pakistan Ranked Among the World’s Weakest Passports in 2025

    60 Days or Less: H-1B Workers Face Deportation

    60 Days or Less: H-1B Workers Face Deportation Despite Legal Status

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    How to Choose the Best Bank to Open a Savings Account in 2025

    How to Choose the Best Bank to Open a Savings Account in 2025

    Ahead of PM Modi's visit, Cabinet approves free trade agreement between India and UK

    PM Modi to Sign Landmark Free Trade Deal With UK as Cabinet Gives Green Light

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    BSF Initiates Drone Warfare Upgradation After Operation Sindoor

    BSF Initiates Biggest-Ever Plan To Upgrade Drone Warfare Ecosystem After Operation Sindoor

    BITS Students Build Kamikaze Drones, Power Indian Army

    Kamikaze Drones from Campus Hostel : This is How Two BITS Students Deliver Combat-Ready Drones to Indian Army

    Apache: World’s Most Advanced Attack Helicopter Now in Indian Hands

    Apache Choppers Near Pakistan Border: A Strategic Game Changer for India

    MiG-21 Fighter Jets to Be Retired from Indian Air Force Service by September

    MiG-21 Fighter Jets to Be Retired from Indian Air Force Service by September

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Temple Row Sparks Fresh Violence Between Thailand and Cambodia

    Border Tensions Flare Again Between Thailand and Cambodia: Ancient Shiva Temple Dispute Turns Deadly

    India-China Review Border Situation, Prepare for High-Level Boundary Talks

    India, China Review Border Situation, Gear Up for High-Level Special Representative Talks

    Delhi Reopens Tourist Visas for Chinese Citizens After 5 Years

    India-China Ties Back on Track? Delhi Reopens Tourist Visas for Chinese Citizens After 5 Years

    Pakistan Offers Protection—Only After 20 Chinese Nationals Die

    Pakistan’s Terror Problem Hits China, After 20 Deaths Shehbaz Makes Empty Promise on ‘Protection’

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Echoes of the Cholas in Today’s Bharat

    Conqueror of the Seas: Rajendra Chola and the Rise of Naval Bharat

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    Highest RTP Casino Games to Get Better Wins

    Highest RTP Casino Games to Get Better Wins

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    One in Four Indian Married Couples Are Now Overweight

    ICMR Study: One in Four Indian Married Couples Are Now Overweight or Obese—Shared Lifestyle to Blame

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

Indian textile exports to US register an exponential growth

Amit Agrahari by Amit Agrahari
31 December 2018
in Economy
Smriti Irani Degree textile
Share on FacebookShare on X

Textiles have long defined exports of the Indian subcontinent. The people of Indus Valley Civilization, as well as those of Vedic Civilization, knew weaving and spinning of cotton. The country is still the second largest producer of fibre with major fibres being cotton, silk, jute, wool and man-made fibres. However, cotton is still the major fibre of the country as 60 percent of the textile industry is cotton based. It is not just the fibre produced in the country that dominated the global market, the Indigo Dye was major export of the country to Europe for long. When Europeans started sea-exploration, India was the first country on their list due to its attractive resources of spice and textile.

The colonial masters of the country destroyed textile industry of the country in favor of Industrial production in England. The naturally produced Indigo Dye and fine clothes were no longer attractive in comparison to synthetically produced cheaper Indigo and clothes produced through giant machines. Thus, the textile industry crumbled under colonial oppression. However, once the country got independence and the production system was no longer vulnerable to colonial exploitation, the textile industry bounced back. After the economic liberalization in 1990s, textile became a major export of the country. In the last few years, the textile was once again under stress due to policies of previous government. However, the industry is reviving once again since Smriti Irani has taken the helm at the Ministry of Textiles. The export of textiles and apparel has grown exponentially in last few months.

RelatedPosts

Indian Army Receives First Apache Attack Helicopters from the US at Hindon Airbase

US Trade Officials to Visit India in August for Crucial Talks

US Embassy’s Advisory Over Shoplifting by Indian Nationals: Time for India to Act?

Load More

The Indian textile exports to United States increased by one percentage point from a year ago to 33 percent, as per data compiled by JM Financial Institutional Securities Ltd. This is the second consecutive month India increased its US market share. The retail sales this holiday has been one of the strongest in years and this helped Indian exports. “After a weak start in 2018, India’s exports to the US (in the US dollar terms) in terry towels/cotton sheets have witnessed strong recovery with YoY growth of 24.2%/7.2% (in the past three months),” said an analyst at JM Financial.

The revision of duty drawback rates by Modi government also helped the Indian exporters, “The recent revisions in duty drawback rates are expected to be marginally positive for the profitability and competitiveness of most segments of the Indian textile exporters,” said rating agency Icra. The revision of duty rates has also helped to boost operating profit of textile exporters. Some other factors helping exporters are rupee depreciation and extension of merchandise exports from India scheme. “The concerned ministries have also come forward with timely policy support and intervention to boost the industry which was under major stress, especially after the implementation of GST,” said Sanjay K Jain, chairman, Confederation of Indian Textile Industry.

The overall exports grew by 17.86 percent in the month of October in comparison to the same month in the previous fiscal year. The Ministry of Commerce and Industry has cut the bureaucratic red tape which hurt the growth in previous years. The recent Ease of doing business ranking which also recognized the ranking for ‘trading across borders’ saw second highest improvement after construction permits, it rose to 80 from 146 last year. The time and cost for import and export in terms of documentation which largely moved online and border compliance has also been made more efficient. The revival of exports and textile industry will help the economy of the country.

Tags: Indian exportsSmriti IraniTextilesUS
Share4377TweetSend
Previous Post

Gordhan Zadaphia appointed as BJP’s Uttar Pradesh in charge for Lok Sabha polls

Next Post

Happy New year 2019 – Here’s what Team TFI has to say

Related Posts

Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement
Economy

India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

24 July 2025

In a landmark moment that is set to reshape the trajectory of economic collaboration between two major democracies, India...

What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India
Finance

What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

23 July 2025

What turns an ordinary stock into a strategic signal for a nation’s future? The share price of Hindustan Zinc...

How to Choose the Best Bank to Open a Savings Account in 2025
Finance

How to Choose the Best Bank to Open a Savings Account in 2025

23 July 2025

Choosing where to open a savings account isn’t always as straightforward as it seems. While many institutions offer similar...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

One Woman. Two Brothers. Jodidaran- A Living Example of Polyandry in Himachal's Hatti Tribe.

One Woman. Two Brothers. Jodidaran- A Living Example of Polyandry in Himachal's Hatti Tribe.

00:05:32

Lashkar-e-Taiba on the Run from Muridke: Is Bahawalpur Becoming Pakistan’s New Terror Capital?

00:07:26

Britain’s Million-Dollar Bird Finally Takes Off!

00:06:43

Maharashtra targets crypto christians. fake dalit quota scam exposed.

00:04:16

The Forgotten Maratha Legacy in Tamil Nadu

00:07:37
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap
MASHABLE IS A GLOBAL, MULTI-PLATFORM MEDIA AND ENTERTAINMENT COMPANY. FOR MORE QUERIES AND NEWS, CONTACT US AT info@mashablepartners.com


©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited