Southern India Mills' Association (SIMA) has appealed to the Centre to take immediate steps to create a level-playing field for the sector. The industry is looking to the government for duty relief. In the absence of a level playing field due to higher duty rates of Indian textile products in various international markets, higher costs of raw materials, funding and high transaction etc, the industry is not in a position to achieve its potential growth rate.
Therefore, it wants raw materials of both cotton and synthetic fibers available at prices comparable to international prices; free trade agreements expedited with all major textile importing countries particularly China and EU; and tariff rates slightly lower than or at par with other competing nations’.
The Association has pitched for an early rollout of GST and prefers textile products to be brought under the lowest rate of GST as the textile industry is a low profit margin industry. Measures like these are expected to enable the industry to achieve a growth rate of 25 to 35 per cent in the short run and 20 per cent in the long run.
Spinning mills in the south want the 14 per cent import duty on cotton to be withdrawn. They are mulling suspending production for a day to draw the attention of the government to the industry's plight and impress the need for right policy initiatives.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
The rise of localized luxury, MEA, North America, and India lead growth
The global luxury industry is no longer defined by relentless expansion. The ‘2025 Global Luxury Brandwatch Report’ highlights a sector... Read more
Hormuz blockade sends shockwaves through India’s textile chain as polyester cost…
What began as a geopolitical escalation in the Gulf has rapidly metastasized into a full-scale industrial disruption for India’s textile... Read more
India’s National Fibre Scheme decouples textiles from global supply risks
For decades the Indian dominated spinning, weaving, and garment exports while remaining paradoxically dependent on imported man-made fibres and specialty... Read more
From London to Tokyo, premiumization redefines retail and office markets
Global real estate landscape has changed. Gone are the cautious narratives of recovery that defined the post-pandemic years. Today, flight... Read more
Compliance drives India’s $176 bn textile shift
India’s textile economy is no longer selling fabric alone; it is selling proof. As compliance rules harden across export markets,... Read more
The second life economy gets a boost as resale outgrows traditional apparel reta…
For decades, resale existed in the margins of the apparel economy, thrift stores, peer-to-peer marketplaces, and charity bins quietly absorbing... Read more
Rising polyester costs shake India’s textile manufacturing hubs
India’s synthetic textile industry is confronting a sudden and destabilizing price shock that is reverberating across its vast manufacturing ecosystem.... Read more
Cotton markets hold firm as tariffs, higher supply reshape global fiber economic…
In a year marked by tariff escalations, geopolitical brinkmanship and a recalibration of global trade flows, the international cotton market... Read more
Beyond Cotton How Kapok could redefine sustainable insulation in textiles
In the lush, humid heart of Southeast Asian rainforests stands a giant, a silent sentinel of the forest canopy. Growing... Read more
Bharat Tex 2026: Redefining the global textile value chain
Union Minister of Textiles, Giriraj Singh, has officially unveiled Bharat Tex 2026, signaling a significant leap in India’s influence over... Read more












