SIMA appeals to withdraw hike in VAT on petrol,diesel affecting textile sector

News Tags: already in disadvantageous position, another Rs four per kg, considerable impact on transport cost, hike in VAT, other states enjoy huge incentives, procure raw material from upcountry markets, sell yarn in those markets, spinning sector spends around Rs. six per kg, textile clusters, Textile Industry, textile industry in the Tamil Nadu state

Coimbatore
SIMA appeals to withdraw hike in VAT on petrol,diesel affecting textile sector
Summary: 
The textile industry in the Tamil Nadu state that is already in a disadvantageous position as the spinning sector spends around Rs. 6 per kg to procure the raw material from upcountry markets, and another Rs. 4 per kg to sell the yarn in those markets, while other states enjoy huge incentives.

The textile industry in the Tamil Nadu state that is already in a disadvantageous position as the spinning sector spends around Rs. 6 per kg to procure the raw material from upcountry markets, and another Rs. 4 per kg to sell the yarn in those markets, while other states enjoy huge incentives.

http://www.thehindubusinessline.com/news/national/sima-appeals-to-tn-govt-to-withdraw-hike-in-vat-on-petroldiesel/article9571419.ece
0

TEA urge Centre for adequate infrastructure facilities at textile clusters

News Tags: design studio, finance minister Arun Jaitley, incubation centre, infrastructure facilities, knitwear exports, knitwear sector, pre-budget memorandum, Research and Development Centre, Silk Board or Coir Board, skilled labour, TEA, Technical textile, textile business, textile clusters, Tirupur Exporters Association

Coimbatore
TEA urge Centre for adequate infrastructure facilities at textile clusters
Summary: 
Tirupur Exporters' Association (TEA) In its pre-budget memorandum submitted to the Finance Minister Arun Jaitley, has urged the Centre to provide adequate infrastructure facilities such as world class design studio, Research and Development Centre and incubation centre for technical textile that will empower successful textile clusters.

Tirupur Exporters' Association (TEA) In its pre-budget memorandum submitted to the Finance Minister Arun Jaitley, has urged the Centre to provide adequate infrastructure facilities such as world class design studio, Research and Development Centre and incubation centre for technical textile that will empower successful textile clusters.

These infrastructure facilities will facilitate rapid growth of not only the existing textile business, but also enable its foray into the niche segments creating quantum growth opportunities to the industry

http://economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/budget-2017-exporters-seek-adequate-infrastructure-for-textile-sector/articleshow/55648902.cms
0

Textile clusters to be boosted by Indian fashion designers

News Tags: Benarsi saree, Flipkart, Indian fashion designers, textile clusters, Textile Ministry, Textiles Minister Santosh Gangwar

Mumbai
Textile clusters to be boosted by Indian fashion designers
Summary: 
India’s ace fashion designers in a meet with, Union textile minister, Santosh Gangwar are willing to lend their whole-hearted support to the government in setting-up robust design centres in the cluster area, and getting local artisans on board to deliver the product as per the designs.

India’s ace fashion designers in a meet with, Union textile minister, Santosh Gangwar are willing to lend their whole-hearted support to the government in setting-up robust design centres in the cluster area, and getting local artisans on board to deliver the product as per the designs.

The meet was focused on the need to give a boost to various textile clusters spread out across India. The designers are ready to extend their helping hand to traditional Indian textiles and handicrafts.

http://www.dnaindia.com/money/report-ace-fashion-designers-union-government-to-revive-textilehandicrafts-industry-2042588
0

Union Budget 2014-2015 intents to bring Acche Din for textiles

News Tags: budgetary allocation for textile, handloom sector, import duty on ethylene, import duty on propylene, readymade garment, Technology Upgradation Fund Scheme, Textile budget, textile clusters, Textile Minister, TUFS, Union budget 2014-15

Mumbai
Summary: 
The Narendra Modi government, which has sought 60 months from the Indian electorate to bring good days, in its first budget exuded its intent to kick start the investment cycle to nurse India's ailing economy back to good health.

The Narendra Modi government, which has sought 60 months from the Indian electorate to bring good days, in its first budget exuded its intent to kick start the investment cycle to nurse India's ailing economy back to good health. Coming amid high expectations from the textile and garment industry, the Finance Minister Arun Jaitley, in his maiden Union Budget 2014-15, charmed the industry participants with an array of encouraging proposals.

0

Six more textile clusters to come up in India

News Tags: Hastkala Academy, Indian textile industry, pashmina production programme, textile clusters, Union budget 2014-15

New Delhi
Six more textile clusters to come up in India
Summary: 
Finance Minister Arun Jaitley while presenting the Union Budget 2014-15 on Thursday said that the government would be setting up six more textile clusters to develop and preserve textiles in India.

Finance Minister Arun Jaitley while presenting the Union Budget 2014-15 on Thursday said that the government would be setting up six more textile clusters to develop and preserve textiles in India.

The six textile clusters would be coming up in Rae Bareli, Lucknow, Surat, Kutch, Bhagalpur and in Tamil Nadu. For this purpose, the government has allocated Rs200 crore, Jaitley said while presenting the budget for 2014-15.

http://www.hindustantimes.com/specials/coverage/unionbudget2014/budgetandindustry/rs-200-crore-allocated-for-six-textile-clusters/sp-article10-1238825.aspx
0
 
Let Us Know Your Need
click here icon
 
Pricewatch Enquiry
Name
Company
Phone
Email
Country
 
Word Verification
 
News & Views
Next designer collaboration of H&M is Moschino  
  13 Jul , 2018 Read full story  
Tirupur Exporters Association suggests textile mills to save the knitwear garment export sector as cotton yarn price increases  
  13 Jul , 2018 Read full story  
SIMA gives importance to price stabilisation fund  
  13 Jul , 2018 Read full story  
 
Prices
 
Market Intelligence
  • Polyester Intelligence
    YnFx's Polyester Intelligence Service consolidates all the information at a click. This service provides the following:
    • Daily Price Trends
    • News & Views
    • Weekly Prices on Polyester Chain
    • Price Forecast Covering 3 Regions
    • Spun Yarn Exports from India
    • Polyester Chain - Demand/Supply Statistics
 
Special Reports
 
Country Reports
  •  
    Who have subscribed this report
    Live Chat online
    feedback button