government units | YnFx - Part 4

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2016-04-27 11:00:00

Surat textile units in dire crisis with dumping cheap fabrics by Chinese

The country's largest man-made fabric (MMF) sector in the city surat is facing tough time with dumping of finished fabrics at throw-away prices by the Chinese. Textile entrepreneurs claimed that the

2016-03-22 16:00:00

Tax concessions to help revive yarn units of Punjab and Haryana

Buying of cheaper cotton yarn by fabric and garmenting units located in Ludhiana and Gurgaon from other parts of India had hit local units due to high value added tax (VAT). The tax concessions

2016-03-10 12:00:00

Pakistanâ€™s three textile groups to invest heavily in setting up denim units

Pakistan's top three textile groups seeing the availability of Re-gasified Liquid Natural Gas (RLNG) from the month of March onward have invested heavily on setting up denim units. Fresh investment

2016-02-19 17:24:00

Government sets $300 billion textile exports target under new policy

Union Textiles Minister Santosh Kumar Gangwar said that New National Textile Policy is to be issued before the end of April, 2016 during the budget session of the Lok Sabha. The new policy sets a

2016-02-19 12:45:00

FIEDMC signs MoU with APTMA to shift textile units to M3 Industrial Estate

Faisalabad Industrial Estate Development and Management Company (FIEDMC) has signed a landmark Memorandum of Undertaking (MoU) with All Pakistan Textile Processing Mills Association (APTPMA) to

2016-02-18 17:00:00

Government in the process to announce a new textiles policy by April 2016.

Textiles Minister Santosh Kumar Gangwar said that New National Textile Policy is close to finalization and to be issued before the end of April, 2016 during the budget session of the Lok Sabha. The

2016-02-16 12:00:00

Capital subsidy extended to self financed textile units

Textiles minister Chandrakant Patil announced the policy of the Maharashtra Government to extend a capital subsidy to those textile units which are self-financed. Initially, Capital subsidy was

2016-01-10 12:00:00

Grants by ministry likely to give Sanganer units new lease of life

Ministry of textiles is likely to give the textile units in Sanganer Rs160 crore for setting up a zero liquid discharge (ZID) plant to keep pollution under control. These units were served closure

2016-01-02 15:00:00

TN power loom units demand reduction of VAT on cotton yarn

The Central Sales Tax on the yarn is two percent, while in Tamil Nadu; the Value Added Tax (VAT) is five percent on cotton yarn. Further, fabric is exempted from VAT here. With the high VAT rate on

2015-12-29 15:00:00

Textile units pushing for marine discharge system

Most of the textile processing parks in the State likely to be hit by the Central governmentâ€™s proposal of making zero liquid discharge system mandatory for textile units having waste water

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