Latest News

Major trading hubs have developed in areas such as Tongi Millgate and Majhukhan in Gazipur, Purba Chandra in Kaliakoir, Ambagh, and Mauna in Sreepur. In addition, smaller localised markets, commonly referred to as “jhute palli”, are spread across different parts of the district.

Knitwear exports slipped slightly in the early months of the current fiscal year, while woven garments recorded modest growth, pointing to uneven demand and persistent cost pressures rather than a broad-based recovery.

By 2050, the study suggests that comprehensive climate adaptation strategies could help garment export earnings rise to as much as US $ 1,038.22 billion. Without such measures, exports could stagnate at US $ 328.11 billion, significantly undermining the industry’s long-term growth prospects.

The price of polyester staple fibre (PSF) has declined by Rs. 4 per kg, while lyocell fibre prices have fallen by around 3%. Yarn prices have also corrected in line with the reduction in raw material costs.

The nodal committee will be responsible for overseeing the preparation of the detailed project report, securing statutory approvals and permits, and managing publicity and marketing activities for the project.

The assurance was given during a meeting at the APMC Yard in Kalaburagi with representatives of the Kalyana Karnataka Chamber of Commerce and Industry (KKCCI) and Kalaburagi North MLA Kaneez Fatima.