The investment commitments span technical textiles, recycling, garments, silk and apparel manufacturing, with new units planned for Visakhapatnam, Chittoor, Guntur, Sri Sathya Sai and Anakapalli districts.
Manufacturing News
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Manufacturing
Bangladesh Bank extends export incentives to sub-contracted garment and textile production
The circular further clarified that trading firms or companies not engaged in production would not be eligible for the extended facility. The directive takes immediate effect for products shipped or vessel-loaded from the date of issuance.
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Manufacturing
Tamil Nadu signs MoU to establish US $ 5.63 million Mannargudi garment production facility
The facility is intended to generate employment, particularly for rural women in Tiruvarur district. Industries Minister Rajaa said the unit would employ around 2,500 people comprising 2,200 direct and 300 indirect jobs.
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For the first half of FY '26, total income stood at Rs. 830.50 crore (US $ 93.59 million), marking a growth of 14.7% compared with Rs. 724.93 crore (US $ 81.69 million) in H1 FY '25.
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Taiwanese firms are particularly keen on working in areas such as technical textiles, non-woven materials and man-made fibre applications, where Taiwan has global strengths.
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Industry experts stressed that the production of value-added ready-made garments is essential for sustaining competitiveness and promoting ethical supply chain management.
