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GCCI president urging the Central government to consider implementing a uniform textile policy across the country in line with GST
Gujarat chief minister Vijay Rupani exuded confidence that the textile sector is capable of strengthening rural economy and create large-scale employment on the occasion. He added that that his
Outdated labour laws within the textile sector hampers India from becoming labour competitive
The report said that, "Low per day wage rate despite the hard work of hand weaving is making this sector financially unviable to the younger generation," suggesting to ensure adequate wages by
Putting forward the Amul model for producing cotton by GCCI
Shailesh Patwari, president, GCCI said that, estimates by GCCI indicate that despite being the second largest cotton producing country in the world, the yield of cotton per hectare in India is less
Textile mills attempting for cut in hank yarn obligation
The association said that the mills are unable to market the hank yarn as the demand has reduced over the years. But, they might face action for not meeting the hank yarn obligation as hank yarn is
Textile millers expresses concern over the proposed price hike of industrial gas
Abul Mansur Md Faizullah, chairman of Petrobangla, the state-owned gas and power supplying authority, said the government has imported liquefied natural gas (LNG) to meet the demand in the industrial
Waste cotton traders seek removal of market cess
R. Senthil, co-ordinator of the waste cotton traders's association, said raw cotton attracts 1 % cess in the State and waste cotton also attracts 1 % market cess.After the implementation of GST most
FTA with China would badly hurt the manufacturing sector of Pakistan
Zubair Motiwala, former president of the Karachi Chamber of Commerce and Industry (KCCI), said that there is more demand for polyester yarn in Pakistan than its current imports.Pointing towards the
Achieving goals turns unsuccessful for Textile policy 2014-19
The salient features of textile policy are establishment of world textile centre and model cotton trading houses, garment cities and capacity building of the Ministry and related organisations,
$45bn target for FY18 to be might be missed by textile exports
The largest market for cotton yarn China, has imposed around 3.5 per cent import duty on yarn from India under Asia pacific Trade Agreement (APTA), while duty free access is given to Vietnam.This has
GST shows new payment system for textile industry
Yarn dealers have stopped fresh deliveries of goods to power loom weavers because they are yet to settle outstanding payment. Most of the yarn dealers and fabrics traders have set payment terms where
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