Mr. Jaipuria expressed that garment and carpet industry was under immense pressure after implementation of GST. After GST, substantial drop…
At the mega event ‘Textile in Karnataka’ on Monday, the ministry of textile and the textile commissioner’s office launched a…
The man-made fibres and yarns were slotted under 18 percent GST rate while the fabrics were slotted under 5 per…
India has a huge potential to capture the market space by focusing on man-made fibre (MMF) that is vacated by…
Powerloom accounts for more than 86 percent of the total MMF production in India while the rest comes from other…
The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) of India, an apex body of manufacturers and exporters of Man-Made…
At present, man-made fibres attract a 12% excise duty while cotton fibres attract none. This duty disparity has distorted the…
The basic raw materials, MMF and filaments, were costlier by 23 to 30 percent due to 5 percent import duty,…
Surat’s textile sector is going through a tough phase due to dwindling demand and rising prices of yarn. The sector…
The Man made fiber (MMF) based textile sector that presently has meager 2.2 percent share in the market needs more…