National Garment Fair organized by CMAI begins in Mumbai

Related Keywords: across the World began in Mumbai, aim to generate advancement, B2B fair exhibiting over 400 brands, CMAI, Domestic apparel brands, large scale domestic Garment Industry, National Garment Fair, offer various business opportunities, organised by the Clothing Manufacturers Association of India, retailers and manufacturers, sixty sixth edition

Mumbai
National Garment Fair organized by CMAI begins in Mumbai
Summary: 
The 66th edition of National Garment Fair organised by the Clothing Manufacturers Association of India (CMAI) with the aim to generate the advancement of the large-scale domestic Garment Industry across the World began in Mumbai. The NGF offer various business opportunities and is expected to be a huge success.

The 66th edition of National Garment Fair organised by the Clothing Manufacturers Association of India (CMAI) with the aim to generate the advancement of the large-scale domestic Garment Industry across the World began in Mumbai. The NGF offer various business opportunities and is expected to be a huge success.

http://in.fashionnetwork.com/news/CMAI-s-66th-National-Garment-Fair-kicks-off-in-Mumbai,941402.html
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India's garment exports expected to touch USD20 bn in FY18

Related Keywords: clocked fifteen percent growth, CMAI, during the current fiscal, favourable special apparel package announced, fifteen to eighteen percent growth, following improved market conditions, garment exports expected to register, Indian garment exports, last fiscal year, touch USD twenty billion, US and other markets, USD seventeen billion

Mumbai
India's garment exports expected to touch USD20 bn in FY18
Summary: 
India's garment exports clocked 15 percent growth at USD17 billion in FY17 now following improved market conditions in US and other markets, the garment exports are expected to register a 15-18 percent growth to touch USD 20 billion during the current fiscal.

India's garment exports clocked 15 percent growth at USD17 billion in FY17 now following improved market conditions in US and other markets, the garment exports are expected to register a 15-18 percent growth to touch USD 20 billion during the current fiscal.

The US market, which consists of 30 percent market share is doing reasonably well and they are also looking at good exports potential to South America, European, Middle East and Japanese markets this year, said Clothing Manufacturers Association of India (CMAI) president Rahul Mehta.

http://economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/indias-garment-exports-may-hit-20-billion-in-fy18/articleshow/59338764.cms
0

CMAI in association with TCS develops software on GST compliance

Related Keywords: alert garment manufacturers, association with Tata Consultancy Services, Clothing Manufacturers Association of India, CMAI, developed software, GST compliance, identifies stage of non compliance, premier apparel body, sends automated reminders for tax compliance, TCS

Mumbai
CMAI in association with TCS develops software on GST compliance
Summary: 
Clothing Manufacturers Association of India (CMAI), the premier apparel body, in association with Tata Consultancy Services (TCS) has developed software to alert the garment manufacturers about GST (Goods and Services Tax) compliance.

Clothing Manufacturers Association of India (CMAI), the premier apparel body, in association with Tata Consultancy Services (TCS) has developed software to alert the garment manufacturers about GST (Goods and Services Tax) compliance.

The unique software is being launched today for the betterment of textile manufacturers at a minimal cost. From cotton traders to ginners and fabric manufacturers, anyone found non-compliant of the GST will be identified through this software.

http://www.business-standard.com/article/economy-policy/tcs-develops-software-for-textile-manufacturers-on-gst-compliance-117061500295_1.html
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Exemption of Readymade Garment from the packaged Commodities Act

Related Keywords: clothing industry. exemption of Readymade Garment, CMAI, do away with archaic laws, easing Legal Metrology Act, help make in India a success, labelling of garments, lacks logic, packaged Commodities Act, removing archaic laws, Textile Industry

Bengaluru
Exemption of Readymade Garment from the packaged Commodities Act
Summary: 
The Clothing industry can now do away with the archaic laws like labelling of garments and easing the Legal Metrology Act for clothing industry. As government decides exemption of Readymade Grment from the packaged Commodities Act.

The clothing industry can now do away with the archaic laws like labelling of garments and easing the Legal Metrology Act for clothing industry. As government decides exemption of Readymade Grment from the packaged Commodities Act.

The Clothing Manufacturers Association of India (CMAI), the apex body for the Indian apparel industry, thanked the Textile Minister, Smriti Irani for encouraging the exemption of Readymade Garment from the packaged Commodities Act.

http://knnindia.co.in/news/newsdetails/sectors/textile-industry-thanks-govt-for-removing-archaic-law-of-labelling-garments
0

Garment retailers shift to fixed price to lower duty payment burden

Related Keywords: AEPC, central value added tax, CMAI, existing stocks continue with MRP tag, garment retail shops, Garment retailers in India, Made ups, new stocks come only with fixed price tag, retail price over thousand rupees, shifting from maximum retail price regime, to fixed price regime, two percent levy of excise duty on garments

Mumbai
Garment retailers shift to fixed price to lower duty payment  burden
Summary: 
Garment retailers in India have started gradually shifting from the maximum retail price regime (MRP) to fixed price regime after Union Finance Minister Arun Jaitley, while announcing the Union Budget 2016-17, announced a 2% levy of excise duty on garments and made ups with retail price of over Rs 1,000.

Garment retailers in India have started gradually shifting from the maximum retail price regime (MRP) to fixed price regime after Union Finance Minister Arun Jaitley, while announcing the Union Budget 2016-17, announced a 2% levy of excise duty on garments and made ups with retail price of over Rs 1,000.

http://www.business-standard.com/article/current-affairs/excise-duty-impact-garment-retailers-shift-to-fixed-price-regime-from-mrp-116080200212_1.html
0

Domestic apparel industry hit with rise in import of used garment

Related Keywords: apparel industry going through tough times, CMAI, domestic apparel industry, evade taxes, government issued sixteen licences, misdeclaring containers as used garment, only in Kandla Specialised Economic Zone, overall scenario further worsened, rise in import of used garment, severe demand slowdown, unauthorised importers

Mumbai
Domestic apparel industry hit with rise in  import of used garment
Summary: 
Rise in imports of used garments has worsened the overall scenario further of Rs2,50,000 crore domestic apparel industry passing through tough times due to severe demand slowdown.

Rise in imports of used garments has worsened the overall scenario further of Rs2,50,000 crore domestic apparel industry passing through tough times due to severe demand slowdown.

The government has issued only 16 licences so far for players only in Kandla Specialised Economic Zone (SEZ). Import of used garments elsewhere in the country is banned. Categorised as restricted item (which means import not possible without government licences),

http://www.business-standard.com/article/markets/rising-imports-of-used-garment-hit-apparel-industry-116071400653_1.html
0

Smriti Irani appeals textile industry to take benefit of PMSBY

Related Keywords: appealed textile industry to join Pradhan Mantri Suraksha Bima Yojana, benefit of garment workers, Clothing Manufacturers Association of India, CMAI, expected to visit the fair, facilitates marketing of apparels, Iranian delegation, National Garment Fair, organized largest apparel trade show, Smriti Irani, Union Textile Minister

Mumbai
Smriti Irani appeals textile industry to take benefit of PMSBY
Summary: 
Union Textile Minister Smriti Irani speaking after inaugurating the 63rd National Garment Fair in Mumbai yesterday congratulated the Clothing Manufacturers Association of India (CMAI) for organizing largest ever apparel trade show which facilitates the marketing of apparels.

Union Textile Minister Smriti Irani speaking after inaugurating the 63rd National Garment Fair in Mumbai yesterday congratulated the Clothing Manufacturers Association of India (CMAI) for organizing largest ever apparel trade show which facilitates the marketing of apparels.

Mrs Irani has appealed textile industry to join Pradhan Mantri Suraksha Bima Yojana for the benefit of garment workers immensely, as largest number of people work in the textile sector in the country after agriculture.

http://theindianawaaz.com/smriti-irani-appeals-textile-industry-to-join-pmsby/
0

Eight modern apparel manufacturing centres planned for North-Eastern states

Related Keywords: Apparel manufacturing centre, boost domestic garment industry, bright prospect of India, CMAI, each in eight north eastern states, generate employment, impart training, international market, National Garment Fair, new textile policy, signing FTA with European Union, under skill development program

Mumbai
Eight modern apparel manufacturing centres planned for North-Eastern states
Summary: 
The Government plans to spend Rs.20 crore in apparel manufacturing centre which will be a single storey building set up on 1.50 acres land and generate employment for about 1,200 people per centre. Such modern apparel manufacturing centre would be set in each of the eight north-eastern States – Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura.

The Government plans to spend Rs.20 crore in apparel manufacturing centre which will be a single storey building set up on 1.50 acres land and generate employment for about 1,200 people per centre. Such modern apparel manufacturing centre would be set in each of the eight north-eastern States – Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura.

http://www.thehindubusinessline.com/news/states/govt-plans-8-apparel-centres-in-northeast/article7379673.ece
0

New National textiles policy to be announced in July

Related Keywords: after cabinet approval, aim to create new jobs, by attaracting foreign investment, Clothing Manufacturers Association of India, CMAI, improving US economy, National Germent Fair in Mumbai, New national textile policy, to be announced in July

Mumbai
New National textiles policy to be announced in  July
Summary: 
The government to announce the new national textiles policy in July after the cabinet approval aims at creating 35 million new jobs by attracting foreign investment, Textile secretary S K Panda said on Mondy after inaugurating the 61st National Germent Fair in Mumbai.

The government to announce the new national textiles policy in July after the cabinet approval aims at creating 35 million new jobs by attracting foreign investment, Textile secretary S K Panda said on Mondy after inaugurating the 61st National Germent Fair in Mumbai.

Minister of State (Independent Charge) for Textiles Santosh Gangwar, who has been working on the long-delayed policy since he assumed office last year, however, did not give an exact time-frame within which the policy could be expected.

http://knnindia.co.in/sectors/govt-to-unveil-new-textiles-policy-in-july/31-9505.go
0

New textile policy likely to be announced after Budget 2015 will give new direction to textile sector

Related Keywords: agro textile, CMAI, expand production capacity, geo textile, Indian textile sector, National Garment Fair, New national textile policy, Technical textile, Textile Commissioner, Textile parks

Mumbai
New textile policy likely to be announced after Budget 2015
Summary: 
The new national textile policy is almost ready and is expected to be announced immediately after the Union Budget. Textile Commissioner Kiran Soni Gupta informed after inaugurating the 60th National Garment Fair organised by Clothing Manufacturers Association of India (CMAI) in Mumbai.

The new national textile policy is almost ready and is expected to be announced immediately after the Union Budget. Textile Commissioner Kiran Soni Gupta informed after inaugurating the 60th National Garment Fair organised by Clothing Manufacturers Association of India (CMAI) in Mumbai.

The textile sector will get a new direction and a huge support from the new policy as it has outlined all the aspects - the vision, strategy and the action plan.

http://economictimes.indiatimes.com/markets/stocks/policy/new-textile-policy-likely-after-budget-2015/articleshow/46043439.cms
0
 
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