2 months ago
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The Confederation of Indian Textile Industry (CITI) has said that the Resilience & Logistics Intervention for Export Facilitation (RELIEF) strategy nether the Export Promotion Mission volition connection a dose of alleviation to the MSME-dominated textiles and apparel sector, for which the 2025-2026 fiscal twelvemonth was hugely challenging.
Ashwin Chandran, the CITI chairman, said successful a property merchandise that the strategy aims to alleviate the challenges faced by exporters owed to the ongoing turbulence successful West Asia. The bundle announced nether RELIEF should beryllium implemented quickly. A important information of India’s textile and apparel exports is for westbound Asia with the UAE being 1 of the largest markets for Indian textile and apparel exporters. In 2024, the UAE was the 4th largest marketplace for India’s textile and apparel exports, aft the US, the EU, and Bangladesh.
