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2017-06-30 14:00:00
Textile business not going to be adversely affected with GST roll out
The Goods and Services Tax (GST) is not going to adversely affect the textile business. As presently, there is an embedded tax of central excise duties of 3.38% and 2.8% of VAT on cotton yarn,
2017-06-27 12:00:00
Cotton procurement by textile mills to remain low till GST rolls out
Textile mills have reduced cotton procurement to maintain minimum inventory. The purchases are expected to remain low till things become clear after the GST is rolled out. Traders estimate that
2022-05-05 01:24:45
AbTF invests €2.8 mn to improve livelihoods of African cotton farmers
The Aid by Trade Foundation (AbTF) has launched a new EUR2.8 million (US$2.9 million) co-operative initiative to help small-scale farmers in Africa develop climate change mitigation
2019-06-03 14:45:00
India's apparel export's share in total exports fall from 51% in FY17 to 45% in FY19
The new government would have to rethink its policy on turning around India’s second-largest job provider, as the textile sector continues to gasp for growth. Three years after key regulatory
2017-11-27 11:00:00
Govt enhances incentive rates to boost textiles exports
The export of ready-made garments had declined by nearly 40% to $829 million in October. The move on MEIS is expected to cost the exchequer a shade under Rs 1,150 crore during the current financial
2017-09-01 10:00:00
Cotton yarn exports of India plunge by 9.79pc in April-July current FY
Cotton yarn exports of India in the April- July period of the current financial year witnessed decline by 9.79 percent due to slow pick up from the two large destination China and Bangladesh, which
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