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2020-01-31 09:03:36
The Indian textile industry looks forward to new financial allocation in Union Budget
Indian textiles industry is expecting the Union Budget 2020-21 to be more focused with new financial allocations to strengthen the sector, especially the MSME segment. Union finance minister Nirmala
2019-10-15 13:00:00
Immediate release of refunds may help?
The textile industry has sought immediate release of refunds under various government schemes to ease the liquidity crunch faced by manufacturers and exporters. In a joint memorandum presented by
2019-08-19 14:00:00
Polyester fabric production falls by half
With production on a nosedive, all is definitely not well in the country’s largest man-made fabric (MMF) hub. Polyester fabric has decreased production by almost half from 13,000 metric tonne
2018-08-20 11:34:00
Switch to digital signatures - Textile Ministry to textile units
The unit is also required to fill the DPR field as per the Format enclosed at the time UID application and the Lending Agency has to digitally sign it, it said. The Ministry circular said that the
2018-03-16 10:00:00
Tamil Nadu plans to introduce new integrated textile policy
Tamil Nadu Government is planning to introduce a New Integrated Textile Policy to boost textile industry in the state, which is the capital of knitwear and various textile products. It will give
2018-02-14 15:00:00
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 crore in 2017-18, initiatives like 39 percent increase would help boost textile
2018-02-08 16:00:00
Revival package for coir sector to boost fibre production in Kerala
Kerala finance minister TM Thomas Isaac in the state budget announced revival package for the coir sector will boost coconut fibre production, create more jobs and help in attaining self sufficiency.
2018-02-07 16:00:00
Union Budget 2018 welcomed by Texprocil
The Cotton Textiles Export Promotion Council (TEXPROCIL) Chairman Shri Ujwal Lahoti welcoming the budget said that it is pragmatic, growth oriented and all inclusive. Shri Lahoti expressed hope that
2018-01-23 10:00:00
Textile and garments industry eye more incentives
The Apparel Export Promotion Council has sought a number of interventions from the government, which include more incentives, continuation of the duty-free import of speciality fabric up to 1 percent
2017-12-27 12:00:00
Bivoltine silk likely to see rise in production by 19pc in 2017-18
The Ministry of Textiles has provided an official statement of rise in production of bivotine silk in the country in 2017-18. Registering an increase of 19 percent the production may rise to around
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