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Search Results for: domestic mmf sector

Study on MMF sector launched to identify gaps and measures
At the mega event ‘Textile in Karnataka’ on Monday, the ministry of textile and the textile commissioner’s office launched a study to promote growth of man-made fibre (MMF)
Textile sector to get some relief with reduced GST on yarn
The man-made fibres and yarns were slotted under 18 percent GST rate while the fabrics were slotted under 5 per GST slab with a condition of no refund ITC at fabric stage. This had created a huge
Data on Chinese import to be collected paralyzing MMF sector
Minister of state for textile Ajay Tamta, who was in the city to inaugurate Surat International Textile Expo (SITEX) organized by the Southern Gujarat Chamber of Commerce and Industry (SGCCI) here on
Govt considering cut in excise duty on MMF in the new policy
The Ministry of Textiles is set to announce a cut in excise duty on MMF in the new policy in order to boost investment to meet growing demand from the synthetic textile industry. The MMF industry
Anti-dumping duty on PTA to crush MMF sector of Surat
Surat, India's largest man-made fabric (MMF) hub to be adversely affected by the decision of Government of India's finance ministry to impose definitive anti-dumping duty on purified terephthalic
Domestic market likely to face fabric dumping from abroad
Textile sector triggers worry over the announcement by the Union Government in a special package which allow availing of duty drawback at ‘all industries rate’ for domestic duty paid
Dwindling demand, rise in yarn prices add to woes of textile sector in Surat
Surat’s textile sector is going through a tough phase due to dwindling demand and rising prices of yarn. The sector that accounts for 40% of the MMF fabric demand in the country and the city's
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
Texpreneurs forum urge for fibre policy to make the spinning sector in India more competitive
The Indian textile industry is facing hurdle on account of differential taxation, rising energy cost, lop-sided fibre and trade policy. And this is at a time when the global demand for fibre
Key manufactures ensuring their market position and customer connect in India with GTTES-2019
Prominent and key textile machinery manufactures from across the globe such as ITEMA Weaving, Dornier, Staubli, Weavetech, Lifebond, Inditec International, Prashant Gamatex, LUWA, LCC, Yamuna,
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