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Government Initiatives Boost Spinning Mills Growth And Modernization

As per Annual Survey of Industry, Ministry of Statistics &

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In view of the growing global importance of environmentally sustainable

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SIMA welcomes reduction of GST on textile Job work -
Apparel and Textile News

SIMA welcomes reduction of GST on textile Job work

The Southern India Mills’ Association (SIMA) Chairman, M. Senthilkumar has thanked the finance minister and the textile minister for reducing the service tax from 18 per cent to 5 per cent. The textile industry has appealed to the government and the GST Council for reduction of service tax on textile job work from 18 per […]

New Textile Policy in 3 months
Apparel and Textile News Trade Info News

New Textile Policy in 3 months

A new textile policy is likely to be finalized in the next three months. The draft for which will be ready once consultations are done with the stakeholders. The new policy is expected to create 35 million additional jobs in the country and achieve 300 billion US Dollar in textile exports by 2024-25. Response and […]

Textile policy to market handloom globally by Assam govt.
Apparel and Textile News Ministry of Textiles News

Textile policy to market handloom globally by Assam govt.

Assam government will soon formulate a textile policy for giving a major fillip to handloom and textile sector in the state. The proposed policy will focus on integrating production and marketing of handloom and textile products, empowering weavers and making a niche for handicrafts of the state in global market. Chief minister Sarbananda Sonowal, while […]

Tirupur Knitwear Exporters for making Wool items
Apparel and Textile News Global News

Tirupur Knitwear Exporters for making Wool items

Tirupur Knitwear apparel exporters are keen on developing and marketing wool-based products, considering that there is a huge potential for them in the global market, according to The Woolmark Company. The company recently conducted a secondary level workshop to impart knowledge about merino wool to exporters and manufacturers. The Woolmark Company had also conducted a […]

80% online sale after GST rates announced
Apparel and Textile News Retail News

80% online sale after GST rates announced

As small-time traders stitch together the probable impact that the Goods and Services Tax (GST) could bring to their respective businesses, a coterie of sellers dealing with fashion and lifestyle products are putting up the remainder of their stock online at absurdly low price points. Apparels and furniture are being offered for sale on e-commerce […]

Wool exchange platform for Australian Industry
Apparel and Textile News Global News

Wool exchange platform for Australian Industry

The AWI Wool Exchange Portal working group (WEP-WG) has endorsed the construction and implementation of a digital wool exchange platform for the long-term benefit of the Australian wool industry. The business case developed by the group has identified 38 million US Dollar in consolidated industry benefits over the first 15 years of the digital selling […]

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