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2016-08-29 16:00:00
Pak govt on import of textile waste used as raw material collects 22pc tax
Pakistan’s spinning mills importing fabric waste are forced to pay 17% sales tax and 5% withholding tax at the import stage, which they cannot recover due to overall zero-rating status of the
2016-07-19 16:22:00
NITMA elects TT Limited’s Sanjay Jain as its new president
Mr. Sanjay K Jain, MD of TT Limited, has been elected as President of Northern India Textile Mills’ Association (NITMA), the apex body of textile industry in North India. NITMA elected its new
2016-07-02 11:00:00
India positive on achieving $50 bn mark in textiles, apparel exports in FY17
With the government announcing a special Rs.6,000 crore package and taking elaborate marketing plans to boost exports. Textile Secretary Rashmi Verma speaking on the sidelines of a meeting of
2016-06-28 16:51:00
Brexit will not impact India’s fibre and yarn exports to UK
Great Britain’s exit from the European Union after the referendum to quit on 23 June will have marginal impact on India’s fibres and yarns export to that destination as it is not a big
2016-06-27 14:00:00
No immediate impact from Brexit on Indian textile machinery manufacturing
India does not see an immediate impact from Brexit on its textile machinery manufacturing as England is not a big buyer of textile machinery and also textile manufacturing moved away from England
2016-04-30 11:00:00
Govt needs to give greater priority to textile sector to boost exports
The country's total exports of textiles and clothing in 2015-16 stood at USD 40 billion as against USD 41.4 billion in 2014-15, a marginal decline of 3.4 per cent. In the absence of adequate policy
2016-04-29 11:00:00
Tunisia’s textile industry open for business and become visible in market
After Tunisia’s economy suffered a massive body blow at a time of fragility following the 2011 revolution Tunisia’s textile industry is coming out fighting looking to conquer new
2016-04-24 14:00:00
India loses 37 textile markets in 2 years to Pakistan in EU
With Pakistan’s inclusion in the Generalised System of Preferences (GSP) by the European Union (EU) India has lost 37 textile markets over the last two years in the European Union to
2016-04-04 12:00:00
Textile exporters seek review of trade pacts to make globally competitive
The textile exporters have been seeking review of India’s trade agreements like the Free Trade Agreements (FTAs) and Preferential trade Agreements (PTAs) to check decline in India's
2016-03-23 15:00:00
Denim fastest growing apparel market in India
A two-day summit on “Denims: A Democracy in Fashion†was held in Ahmedabad as denim plays a major role in fashion trend since jeans are worn by consumers both in urban and rural areas
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