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2017-11-16 16:54:00
International Apparel and textile fair gears up to bring it's April 2018 edition
The November 2017 edition of International Apparel and Textile Fair (IATF) proved to be grand success, making apparel and textile manufacturers from around the globe look forward to the highly
2017-11-13 10:00:00
TEXFAIR, exhibition of textile machinery spares coming up soon
The 11th edition of textile machinery, accessories and spares exhibition, organized by Southern India Mills’ Association (SIMA) will be coming up soon. According to the organizers, the
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
2017-09-15 15:00:00
Lack of clarity on DBK rate, ROSL to impact textile exports
The textile industry are unable to book orders due to lack of clarity on the duty drawback rate and Rebate of State Levies (ROSL) on export of garments and made up textile articles, and this could
2017-08-07 11:00:00
India’s first special raw cotton storage facility opens at VOC port
India’s first special storage facility for handling raw cotton was launched open at the Dakshin Bharat Gateway Container Terminal, the Thoothukudi VOC port, on Friday. An initial step towards
2017-05-03 11:00:00
South Indian textile industry urge for lowest GST slab rate
The textile chain under the optional Cenvat provisions presently enjoys zero percent central excise benefit. The South Indian textile industry to support the sector proposed that a uniform 5 percent
2017-03-31 15:30:00
Textile sector seeks revision of TMC as cotton productivity declines
Cotton, the golden fibre has lost its sheen after the closure of the Technology Mission on Cotton (TMC). Production might slide below 300 lakh bales in the absence of immediate policy intervention by
2017-03-23 10:00:00
Surge in cotton prices in domestic market drive textile mills to import
With the jump in cotton prices in the country, there is a spurt in import contract as textile mills have started importing cotton from West Africa and the US as the landed costs are on par with the
2017-03-06 17:00:00
SIMA appeals to withdraw hike in VAT on petrol,diesel affecting textile sector
The textile industry in the Tamil Nadu state that is already in a disadvantageous position as the spinning sector spends around Rs. 6 per kg to procure the raw material from upcountry markets, and
2017-02-23 11:00:00
Five of eight public sector spinning mills remained closed were reopened
The decision to reopen public sector spinning mills was taken in the discussion convened by industry minister A C Moitheen last week. On Monday five of eight public sector spinning mills that had
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