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2018-05-30 11:28:00
Traders urging to study the influence of GST on the textile sector
The FOSTTA office-bearers have stated that the production of man-made fabric has decreased from four crore meters per day to less than two crore meters, the sale of polyester fabric including sarees
2018-04-25 12:23:00
Kusters Calico inaugurates new upgraded manufacturing facility
Kusters Calico Machinery Pvt Ltd (KCM), a producer and exporter of open width wet textile processing machines for both woven and knitted fabrics, inaugurated its upgraded manufacturing facility on
2018-04-25 10:28:00
Textile millers expresses concern over the proposed price hike of industrial gas
Abul Mansur Md Faizullah, chairman of Petrobangla, the state-owned gas and power supplying authority, said the government has imported liquefied natural gas (LNG) to meet the demand in the industrial
2018-01-24 15:00:00
Sales tax, duty on cotton imports withdrawn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(FBR’s) notification states that textile sector will avail the benefits on imports of raw and ginned cotton having withdrawn sales tax and customs duty on cotton
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
2017-08-23 17:00:00
Ethiopian industrial parks attract renowned global textile producers
Ethiopia’s three industrial parks, Hawassa, Mekelle and Kombolcha, located in southern and northern Ethiopia built as part of its efforts to become Africa’s manufacturing hub have
2017-08-21 10:00:00
Several initiatives pitched to revive textile sector in J&K
The Industries and Commerce Department to revive and boost the textile sector in the State has pitched several initiatives and investment. One of the important project being undertaken is the
2017-06-20 17:00:00
Swedish firms keen to invest in Bangladesh RMG industry
Investor AB and ABB Sweden, two leading Swedish companies have expressed their keen interest in making investment in Bangladesh’s readymade garment industry alongside the power sector. The
2017-06-01 15:50:00
Recycled PSF producers seek continuation of tax advantage vis-à-vis virgin PSF in GST regime
The All India Recycled Fibre & Yarn Manufacturers Association, which represents 35 recycled polyester staple fibre (PSF) producers in India, has requested the Union Finance Ministry to maintain the
2017-06-01 12:00:00
PSF recycling units seek concessional rate under GST
The All India Recycled Fibre & Yarn Manufacturers Association, which represents 35 recycled polyester staple fibre (PSF) producers mostly small and medium-scale in the country, have sought
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