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Analysis
11-August-2017
Textiles minister Smriti Irani has informed the lower house of parliament recently that 682 textile mills closed as on June end this year, 232 were in Tamil Nadu, 85 in Maharashtra, 60 in Uttar Pradesh and 42 in Haryana....
10-August-2017
Due to the overwhelming success of Textiles India 2017, Textiles Ministry has set up institutional mechanisms to synergize efforts of the Textiles and other related segments and state governments to enable the textile industry achieve its full potent...
10-August-2017
Telangana deputy chief minister Kadiam Srihari has said that a mega textile park will be coming up soon in Warangal city with an estimated investment to the tune of Rs.1,150 crore....
10-August-2017
To project Amazia Fun Park as an emerging start-up city likely by the Surat Municipal Corporation (SMC) in Gujarat, a multi-storey trade facilitation centre is being planned on 8,000 square metre land there. ...
10-August-2017
With an aim to accelerate growth of the textile industry Federation of Indian Export Organization (FIEO) has proposed for a new textile policy and textile promotion board to the state government......
09-August-2017
The central is planning to replace direct subsidy schemes for textile and clothing exporters with indirect benefits before the World Trade Organisation (WTO) deadline for abolishing such sops. ...
09-August-2017
Aditya Birla Fashion & Retail is in talks with American Eagle Outfitters to open standalone outlets of the US fashion brand popular with the youth, according to informed sources. ...
08-August-2017
The GST Council's move to slash the rate on job work like weaving, cutting, knitting and embroidery to 5 per cent from 18 per cent is today welcomed by The Confederation of Indian Textile Industry (CITI)....
08-August-2017
There can be a two-fold rise in sale at Rs 180 crore of the products of India Handloom Brand (IHB), an initiative of the Textiles Ministry in the current financial year, a senior official said....
07-August-2017
The GST Council reduced the job work rate in the textiles sector to 5 per cent from 18 per cent with the finance minister Arun Jaitley appealing to businesses to pass on the benefits of the tax reform measure....
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