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mmf+textile
2015-09-08 17:00:00
Gujarat govt likely to abolish VAT imposed on narrow fabrics
The Gujarat government had imposed 5% VAT on narrow fabrics during the State Budget in February-2015 which is manufactured mainly in two big centres, Surat man-made fabric (MMF) hub and Ahmedabad. In
2015-07-18 12:00:00
Surat weavers devise new way of doing business to control payment defaults
Powerloom weavers from Sachin GIDC and Hojiwala Estate have unanimously decided not to enter into any business deal with merchants who do not provide valid references of traders from respective
2015-07-13 15:00:00
Indian cotton exports likely to end up at nearly 45 lakh bales this year
Export demand for cotton to remain sluggish as China, the top destination for Indian cotton, remaining inactive in importing the commodity, exports are unlikely to see significant growth this year.
2015-06-03 10:00:00
Surat’s beach wear fabrics allures international market
Surat, the biggest man-made fabric (MMF) hub, with the daily production pegged at 3.5 crore meters contributes 40 percent of the country’s man-made fabric demand after saris and dress
2015-05-11 12:00:00
Jacquard weavers of Surat face stiff competition due to digital printed fabrics
Jacquard weavers of Surat, the country’s largest man-made fabric (MMF) hub are facing stiff competition and decrease in demand in domestic and international market due digital textile printed
2015-02-09 12:00:00
India coming up with first yarn bank to support powerloom weavers
The Union ministry of textiles to provide powerloom weavers yarn at concessional rate has formed two special purpose vehicles (SPVs) namely Ved Road Art Silk Small Scale Cooperative Federation
2014-12-01 17:00:00
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
2014-11-14 17:00:00
Indian synthetic fibre producers demand neutral excise duty structure
Producer of Synthetic fibre in India have urged the government to remove bias and anomalies in excise duty structure against the man-made fibre industry as it has been affecting the growth and
2014-10-13 16:00:00
CMTA to be appointed to speed up mega powerloom cluster project in Surat
Cluster Management and Technical Agency (CMTA) will be appointed to develop Surat as powerloom mega cluster under 'comprehensive powerloom cluster development scheme (CPCDS) for which expression of
2014-10-05 12:00:00
Weavers expect yarn prices to fall as crude oil prices plummet
The powerloom weavers of Surat, he country's biggest man-made fabric (MMF) sector are buoyant following a dip in crude oil prices in the international market as it may decrease the yarn
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