india textile industry | YnFx - Part 153

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2017-06-14 12:00:00

Cut in import duty on blankets to affect domestic manufacturing units

The Central governmentâ€™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

2017-06-13 11:00:00

Garments imports likely to become 5-6pc cheaper than local apparel

Garment imports likely to become five to six percent cheaper than locally made apparel despite the goods and services tax providing input credits to the textile industry due to removal of the

2017-06-09 16:00:00

World market likely to witness a marked increase in cotton production

Indian cotton growers have already signalled their intention to plant more. Area coverage as of June 2 was 12.2 lakh hectares, sharply up from 9.4 lakh hectares this time last year. The aggregate

2017-06-09 11:00:00

Digitisation, social media help in growth of garment demand

The demand for garments is growing, especially with digitization, social networking sites and apps ensuring that people look their best . This changing consumer preferences in garments have put

2017-06-08 14:30:00

Manipuri women weavers to get economic empowerment

Weaving is a favourite hobby of almost all Manipuri women as they are apt in handling the loom and weave dreams on fabrics such as moiraingphee, leirum, lasingphee or phanek fabric. From intricate

2017-06-07 10:00:00

Varied GST rates for knitwear production chain to create complexities

With the different Good and Services Tax (GST) scales fixed for various processes in the knitwear production chain is going to have ramifications considering that the production chain in Tirupur

2017-06-06 15:15:00

Non Woven Tech Asia 2017 to be held in Mumbai from 8-10th June

Non Woven Tech Asia 2017, The 4th International Exhibition & Conference of Nonwoven Industry organized by Radeecal Communications in association with gujNON Manufacturer Association of Nonwovens at

2017-06-05 13:00:00

Khadi yarn, Gandhi topi, national flag exempted from GST tax regime

All categories of fabric, except khadi yarn, Gandhi topi, India's national flag will not attract any tax under the Goods and Services Tax (GST) regime. The tax department has also put up on its

2017-06-02 10:00:00

Techtextil with VDMAs support aims to capitalize garment machinery market

VDMA Textile Care, Fabric and Leather Technologies to extend its support for Techtextil India as it gears up to expand its scope into the garment machinery segment through an exclusive Texprocess

2017-06-01 15:50:00

Recycled PSF producers seek continuation of tax advantage vis-Ã -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

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