Apparel and Textile News Ministry of Textiles News

Textile Bodies Reactions To New FTP

The Confederation of Indian Textile Industry or CITI said the new Foreign Trade Policy (FTP) has not provided any additional benefits to the textiles sector, though measures announced for improving ease of doing business and simplified procedures would be beneficial to the sector. In a statement (CITI) chairman, Prem Malik pointed out that some benefits […]

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April 3, 2015
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CITI Suggests Reduction In Excise Duty On All Manmade Fibre

The textile industry to boost use of synthetic fibre demanded reduction in excise duty on all manmade fibres and filament from the existing 12 per cent to 6 per cent. Reduction in excise duty in manmade fibre will lead to increase in demand. Globally, manmade fibre accounts for 70 per cent of the fibre consumption […]

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February 9, 2015
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ITMACH India begins at Gandhinagar from December 10

“ITMACH India 2014”, the largest textile machinery show of 2014, will be held at Gandhinagar from December 10. Mr. Saurabhbhai Patel, Gujarat minister of finance & industries, will inaugurate the four-day event. With the textile and clothing industry in investment mode, organisers expect major investment decisions to be taken during the show, which is now […]

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November 27, 2014
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Tag: CITI

Textile Bodies Reactions To New FTP

CITI Suggests Reduction In Excise Duty On All Manmade Fibre

ITMACH India begins at Gandhinagar from December 10