New Delhi, 9 July 2024 – The Confederation of Indian Textile Industry (CITI) and the Taiwan Textile Federation (TTF) have signed a Memorandum of Understanding (MOU) aimed at significantly enhancing cooperation and fostering exchanges in the textile and clothing industries. The agreement was formalized by Mr. Rakesh Mehra, Chairman of…
(New Delhi, 25 June 2024) As per the cotton estimates released by the Committee on Cotton Production and Consumption (COCPC) for cotton season 2023-24, cotton consumption is expected to increase to 351 lakh bales in 2023-24 from about 330 lakh bales in 2022-23. Shri Rakesh Mehra, Chairman of the Confederation…
June 21, 2024 – The Southern India Mills’ Association (SIMA) successfully inaugurated the 14th edition of the Textile Machinery, Accessories, and Spares Exhibition, TEXFAIR 2024, at 10 AM today. The event saw a robust participation from industry leaders and exhibitors from across the globe, including Switzerland, Belgium, Italy, Japan, and…
New Delhi – The Confederation of Indian Textile Industry (CITI) proudly congratulates Sh. Narendra Modi on being sworn in for his third consecutive term as the Prime Minister of India. His visionary leadership has spearheaded remarkable progress and development across various sectors of the nation. Mr. Rakesh Mehra, Chairman of…
(New Delhi, 20th May 2024)The Confederation of Indian Textile Industry (CITI) appreciates the Ministry of Textiles for implementing pivotal policy measures like the imposition of a Minimum Import Price (MIP) of USD 3.5/kg on the five HS lines of MMF Knitted Fabrics, effective until September 15, 2024 and enabling provisions…
New Delhi, India – May 13, 2024 – As India navigates through its largest-ever elections, the Confederation of Indian Textile Industry (CITI) is gearing up for a future that extends beyond the next five years, envisioning a thriving textile sector till 2047, the year marking “New India’s” fulfillment of aspirations.…
New Delhi, May 1, 2024 – The Young Entrepreneurs Group (YEG) of the Confederation of Indian Textile Industry (CITI) organized an insightful session on “Megatrends Shaping the Textile & Apparel Industry”. The session commenced with opening remarks from Mr. RajjnishAroraa, Chairman of the Young Entrepreneurs Group, who emphasized the critical…
[26 April 2024, New Delhi] Since the signing of the EFTA agreement by India, CITI has been working on strategies to promote business collaborations between India and Switzerland, an important textile trade partner for India. Under a partnership agreement, CITI has been working closely with the National Textile Association of…
During Mar’24, Indian Textiles Exports registered a growth of 11.18% over the previous year while Apparel Exports registered a growth of 1.70% during the same time period. Cumulative Exports of Textiles and Apparel during Mar’24 have registered a growth of 6.91% over Mar’23. During Apr’23-Mar’24, Indian Textiles Exports registered a…
CITI welcomes the provisions for exempting inputs imported under AA, EOU & SEZ from mandatory QCOs New Delhi, March 13, 2024: The Directorate General of Foreign Trade (DGFT) has taken steps to alleviate the burden on exporters operating under Advance Authorization (AA), Export Oriented Units (EOU), and Special Economic Zones…