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2018-01-30 10:00:00
India's textile industry getting hammered with imports flooding the market
Representatives of textile industry have come forward to register their "disappointment" with the government for ignoring the calls of an industry which has been "one of the most impacted by GST".
2018-01-25 14:00:00
Sluggish trading at cotton market
Slow trading witnessed at the cotton market on Wednesday as leading spinners kept to the sidelines. Overall, the undertone was weak and outlook uncertain. However, some market reports suggest that
2018-01-08 14:00:00
Trading activity hit over withdrawal of import duty on lint
Cotton market on Saturday witnessed slow down in trading activity following the government’s decision to withdraw duty and taxes on lint imports. This is a timely decision because much of the
2018-01-04 14:00:00
Coir mattress producers recommend GST reduction to 5pc
The GST on many coir products has been brought down to 5 percent from earlier 12 percent as natural products rubber and coir are used in this product. The All India Coir Mattress Manufacturers
2018-01-04 10:00:00
VN garment industry eyes to achieve $34b export target
Le Tien Truong, general director of the Vietnam National Garment and Textile Group (Vinatex), speaking at a meeting on reporting Vinatex’s results of production and business in Ha Noi on
2018-01-03 11:00:00
Surat textile industry reeling under subdued capacity utilization over GST
The Surat-based textile industry is still reeling under the goods and services tax (GST) impact. The current production is down to 2.5mn meter against 40 mn metres per day in the Rs 500 bn
2017-12-30 17:00:00
Pakistan textile exports likely to touch $13 bn this year
Pakistan textile exports have been going up steadily, in the first five month (July to November) of the current fiscal year textile shipment jumped 7.66 percent year-on-year to $5.51 billion driven
2017-12-29 15:00:00
AEPC opens its office at GCCI to boost apparel exports from Gujarat
The Apparel Exports Promotion Council (AEPC) inaugurated its office in Ahmedabad on Tuesday to boost apparel exports from Gujarat. State chief secretary, JN Singh, along with state principal
2017-12-28 15:00:00
Spinning mills likely to revive with trending lower cotton prices
Cotton prices in India have been trending lower in recent months and it is likely to remain low for a while for several reasons which is a big concern for cotton growers, but spinners are finding the
2017-12-28 11:00:00
Zim govt to impose 30pc duty on imported cotton fabrics starting Jan 1
Finance minister Patrick Chinamasa in his 2018 National Budget statement announced that the government to begin effect tax measures starting from January1 aimed at protecting local textile
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