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excise+duty+textile+filament
2016-03-02 13:00:00
Diverse reactions on budget 2016 by textile sector
The Union budget 2016 for the textile industry brings diverse reaction from the textile sector. According to Tirupur Exporters’ Association, president A. Sakthivel, the budget have brought
2016-03-01 12:47:00
What lies in the budget for the textile industry?
While there was no fresh proposition in the Union Budget 2016 for the textile industry, which was presented to the Parliament on 29 February, the income growth expected to steam up the India economy
2016-02-27 12:00:00
Costly textile raw materials hinder growth
The basic raw materials, MMF and filaments, were costlier by 23 to 30 percent due to 5 per cent import duty, four percent special additional duty, 12.5 percent central excise duty and anti-dumping
2016-02-25 16:00:00
Textile industry pitches lowering excise duty and change in labour laws in Budget
The textile industry, which is the country's second largest employer after agriculture, contributes nearly 14 per cent to industrial production and 4 per cent to the GDP has pitched for incentives
2015-03-02 12:30:00
Budget 2015 has almost nothing for textiles, but growth may spur demand
The Union Budget 2015-16 has nothing for the Indian textile industry as it failed to consider the demands put forth by the industry. The industry has expressed disappointment over the budget
2015-02-26 11:20:00
Indorama Synthetics wants excise duty on MMF cut to 4pc
In its pre-budget expectations, Indorama Synthetics Limited has put forth a number of issues to be considered for their incorporation in the Union Budget 2015-16. The company has sincerely requested
2015-02-08 16:15:00
Reduction in excise duty on all manmade fibre suggest CITI
Globally, manmade fibre accounts for 70 percent of the fibre consumption while in India; it is less than 30 percent. The Indian textile industry to boost use of synthetic fibre want reduction in
2015-01-23 17:30:00
Textile dept decides to take up issue on duty rationalization with PM
This is for first time that the Indian department of textiles has taken up the issue of “duty rationalization†with the PM, although it has noted that the approvals of other ministries
2015-01-06 11:00:00
Indian synthetic fibre and yarn producers insist for zero excise duty on MMF to spur exports
India is one of the largest producer of man-made Fibres in the world with presence of large plants having state-of-the art technology. MMF textiles constitute almost two-third of the domestic textile
2014-08-26 16:30:00
Indian ought to tap opportunities related to cotton woven and knitted fabric in technical textiles
Technical Textile sector is one of the most innovative branch of the industry in the world, ranking as one the five high tech sectors with the greatest potential for development. In India also
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