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Related Keywords: all varieties of textiles and fabrics, Delhi government tax policy, except khadi and handlloom, for textile industry, higher tax on both the raw material and finished product, no blanket VAT on textile and fabrics, other manufacturing hubs, textile traders opposing, uniform rate of five percent

Textile traders opposing to the Delhi government's tax proposal for the textile industry as the uniform rate of 5% on all varieties of textiles and fabrics except khadi and handloom would hit business.

Traders also pointed out that other manufacturing hubs like Surat, Mumbai, Malegaon, Erode, Gorakhpur, Kanpur, Amritsar and Ludhiana levy no blanket VAT on textiles and fabrics.

The Textile Association (India) member J B Soma, said that traders would write to the government to junk the hike.

Related Keywords: cellulose dissolution, Circular Economy of Textiles (TEKI) project, developed new production technique, Finnish organization, for textile industry, into new fibres, largest multidisciplinary research organization, launched a project, turn old worn-out cotton clothing, VTT Technical Research Centre of Finland

A group of Finnish organizations have launched a project in the course of which the new production technique, cellulose dissolution developed by VTT Technical Research Centre of Finland, the largest multidisciplinary research organization in Northern Europe will be tried out in practice at all stages of the value chain during 2015 and 2016.

Related Keywords: fastest rapier weaving machine, for textile industry, OptiMax, Picanol Group, production, sales of weaving machines and technology, specializes in development

The Picanol Group which specializes in development, production and sales of weaving machines and technology for the textile industry especially the OptiMax –the most advanced and fastest rapier weaving machine produced its 20,000th OptiMax this week.