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2017-06-15 14:00:00
Garment exporters urge for lower GST slab for apparel job work
Apparel, a major segment in the textile value chain, has been left out of the reduction. Garment exporters in Tirupur are now urging the government to levy only 5% GST for job working units in the
2017-06-15 06:00:37
Acrylonitrile price dips in US, stable in Asia
Asian acrylonitrile prices rolled over in the last week of May. Acrylonitrile prices were stable week on week in Asian markets, amid thin discussions due to regional holidays. In US, ACN spot fell
2017-06-14 15:00:00
Tirupur garment seeks clarification over GST rates on job work
Tirupur textile industry has knocked the doors of the Ministry, seeking a clarification over the confustion in GST rates on job work on garments as it has not been addressed. At the June 11 meeting,
2017-06-14 14:00:00
Shima Seiki to exhibit its flagship Wholegarment machine at Techtexil
At the upcomingTechtextil North America exhibition in Chicago, IL this month, Shima Seiki, a leading computerised knitting machine manufacturer of Wakayama, together with its US subsidiary Shima
2017-06-14 12:00:00
Cut in import duty on blankets to affect domestic manufacturing units
The Central government’s decision to cut the levy of import duty and GST from 29 percent to 16 percent on all imported blankets and fabrics will leave over four crore workers engaged in the
2017-06-14 08:58:29
MEG price edges down on tumbling feedstock costs
Asian MEG prices edged down US$12 a ton CFR China and CFR South East Asia in the last week of May. In China, offers for nearby-month cargoes fell US$25 a ton amid moderate transaction. Mono
2017-06-13 14:43:00
World's largest cushion representing the 'Fabrics & Embroideries of India' to be showcased at Heimtextil India
With an aim to draw attention to India’s dominant position in textiles and home furnishings, Messe Frankfurt Trade Fairs India is set to create the world’s largest cushion at Heimtextil
2017-06-13 07:13:14
Caprolactum prices rise on tight supply
In China, spot liquid good offers were up US$30-55 a ton in the last week of May. Caprolactum prices firmed up on the back of range?bound benzene and tight supply, as markets welcomed some price
2017-06-12 16:00:00
Fabindia has begun retailing Manipuri textiles
Fabindia established in 1960 by John Bissell, a popular Indian chain store which stocks and sells garments, furnishings, fabrics and other ethnic products handmade by craftspeople across the country
2017-06-12 11:00:00
AP textile traders demand exemption of GST on textiles
Andhra Pradesh Textile Federation (APTF) demanded the Union and state government to exempt GST tax on textiles. APTF’s President Busireddy Malleswara Reddy opined that imposing of GST would
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