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This is major relief for the textile industry, says Ujwal Lahoti

Ujwal Lahoti, chairman, Cotton Textile Export Promotion Council said that, “Some policy measures like refund of embedded taxes (also recognised…

6 years ago

Over 90% of the textile and clothing industry in the MSME sector causing delays and affecting the financial capability of the units

The industry had seen reduction in downside and ROSL by over 5 % of FOB since the pre-GST period. Also,…

6 years ago

Outdated labour laws within the textile sector hampers India from becoming labour competitive

The report said that, "Low per day wage rate despite the hard work of hand weaving is making this sector…

6 years ago

Textile and clothing exports slid 0.4%

There is positive feedback from the government on increasing the drawback rates. But this is yet to happen. A garment…

6 years ago

Achieving goals turns unsuccessful for Textile policy 2014-19

The salient features of textile policy are establishment of world textile centre and model cotton trading houses, garment cities and…

6 years ago

$45bn target for FY18 to be might be missed by textile exports

The largest market for cotton yarn China, has imposed around 3.5 per cent import duty on yarn from India under…

6 years ago

Indian apparel exports decline by 14pc in Jan 2018

Indian apparel export in January this year witnessed decline by 14 percent in rupee and 8 percent in dollar terms…

6 years ago

Rise in ROSL funds to boost textile export

The Budget allocation for remission of state levies (ROSL) scheme has been raised to Rs 2,163.85 crore from Rs 1,555…

6 years ago

India’s textile industry getting hammered with imports flooding the market

Representatives of textile industry have come forward to register their "disappointment" with the government for ignoring the calls of an…

6 years ago

Sales tax, duty on cotton imports withdrawn

The Federal Board of Revenue (FBR’s) notification states that textile sector will avail the benefits on imports of raw and…

6 years ago