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ensure+indian+exports
2018-05-07 11:57:00
Outdated labour laws within the textile sector hampers India from becoming labour competitive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 financially unviable to the younger generation," suggesting to ensure adequate wages by
2018-03-19 10:00:00
Textile Ministry targeting to double textile production by 2025
With the domestic production of textiles at $110 billion and exports and trade at $40 billion, the country's production of textiles at present is worth $150 billion. The Textile Ministry is
2018-03-09 13:55:00
Open end spinbox components from BASANT Wire, first ever facility in India
BASANT, who are specialist manufacturers and technology solution providers as well as exporters of high precision pins, needles and pinned products for applications in textiles and nonwovens, are now
2017-11-04 12:00:00
Maharashtra traders, ginners urge for removal of cess on cotton
The Agriculture Produce Market Committee (APMC) charge a market cess of 1.25% of the value of the cotton brought to the market. If the value of cotton is Rs 4,500 then the cess comes upto Rs 50 which
2017-10-10 10:00:00
Latest revision of GST rates welcomed by textile industry
The Country’s finance minister Arun Jaitley on Friday announced latest revision in the goods and services tax (GST) rates. Tax rates on man-made yarn is reduced from 18 percent to 12
2017-06-22 17:00:00
Raymond opens Greenfield garment plant in Ethiopia
Silver Spark Apparel Ethiopia PLC, a wholly owned subsidiary of Raymond brand - the leading manufacturer, marketer and retailer of worsted suiting fabrics & ready to wear apparel inaugurated its
2017-05-31 16:00:00
Textile industry urge govt to continue ROSL scheme post GST
The textile industry fears that the Rebate of State Levies (ROSL) scheme will be withdrawn prematurely, with Goods and Service Tax (GST) subsuming all other taxes and benefits and hence urged the
2017-05-03 13:00:00
Egyptian famed cotton industry sees revival
Egypt’s cotton exports jumped by 63.9% during the first quarter of the planting season of 2016/2017, in the period from September to November cotton exports were 202,500 bales compared to
2017-04-26 17:00:00
India exempts CVD on import of jute goods from Nepal
India has withdrawn the countervailing duty (CVD) imposed on import of jute products from Nepal. The anti-dumping duty, however, continues. A Gazette notification on April 20, said that Nepal is
2017-04-18 10:00:00
Govt to develop standards and a trademark for handmade carpets
The textile ministry has begun efforts aimed at creating a brand for Indian handmade carpets along the lines of Australia’s Woolmark, which is a guarantee of the highest quality of
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