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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…

8 years ago

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…

9 years ago

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…

8 years ago

Costly textile raw materials hinder growth

The basic raw materials, MMF and filaments, were costlier by 23 to 30 percent due to 5 percent import duty,…

8 years ago

Textile industry insist on scraping hank yarn obligation

Texpreneurs Forum,, Secretary D Prabhu stressed the need for rationalizing the MMF (man made fibre) duty structure, total dispensation of…

9 years ago