CITI hails Comprehensive Scheme for Knitting & Knitwear Sector as Historical

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CITI hails Comprehensive Scheme for Knitwear Sector as Historical

Confederation of Indian Textile Industry (CITI) chairman, Sanjay Jain welcomed the ‘Comprehensive Scheme for the Development of Knitting & Knitwear Sector with various components under PowerTex India.’ Under the dynamic leadership of the Prime Minister of India, the Union Minister of Textiles, Smriti Zubin Irani today launched the much-awaited scheme. CITI chairman hailed it as […]

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February 28, 2019
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ICC to host Apparel Industry Marketing Summit on July 7

The Indian Chamber of Commerce (ICC) emerges as one of the leading Chambers of Commerce takes great pleasure to announce an Apparel Industry Marketing Summit – AIMS 2018, to be held on 7th July 2018 at The Park, Kolkata. AIMS 2018 is poised to be the ideal platform for providing substantial networking opportunities with the […]

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May 22, 2018
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Apparel and Textile News Events and Exhibitions News

CITI and MCX signed a MoU at ATEXCON 2018

To help the textile industry to combat cotton price volatility and risk management through cotton contracts, a Memorandum of Understanding (MoU) was signed between Confederation of Indian Textile Industry (CITI) and Multi Commodity Exchange of India (MCX) on Cotton Price Risk Management. At an event attended by more than 400 delegates from India as well […]

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March 19, 2018
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Apparel and Textile News Apparel Brands and Companies

The Textile Industry Welcomes the Post-GST Rates

Welcoming the decision of the post-GST rates under Remission of State Levies (RoSL) scheme by the government, Confederation of Indian Textile Industry (CITI) chairman Sanjay K Jain said, “The move will boost the garment exporters to accept bigger orders from the global buyers which they were unable to accept due to competitiveness reducing in wake […]

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November 27, 2017
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Apparel and Textile News Trade Info News

Revised GST rates appreciated by the Textile Industry

After the latest revision in the goods and services tax (GST) rates announced by the Country’s finance minister Arun Jaitley on Friday, the Indian textile industry is hopeful of growth with revision in the GST rates. The change in GST rate not only will strengthen the entire textile value chain and make textile industry globally […]

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October 10, 2017
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Apparel and Textile News Trade Info News

Conference on Innovation & Competitiveness in Textiles by CITI

An interactive session on ‘Innovation & Competitiveness in Textiles & Clothing Industry’ organised by Confederation of Indian Textile Industry (CITI) in Ludhiana yesterday. “In view of the mounting manufacturing cost worldwide, focus on productivity to improve the bottom line has become important for textile businesses. Technology has become vital in helping them to achieve it,” […]

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October 10, 2017
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Apparel and Textile News Apparel Brands and Companies

Trident bags CITI award of excellence for sustainability

A leading manufacturer and exporter of textiles, Trident Limited has bagged the Confederation of Indian Textile Industry (CITI) Award for Excellence in Energy Conservation. The board of trustees of CITI’s Birla Economic and Textile Research Foundation at a function has given the award along with a cash prize of Rs 2 lakh recently in Mumbai. […]

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September 22, 2017
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131 Views

Apparel and Textile News Trade Info News

SIMA elected its new office bearers for 2017-18

A textile trade body, The Southern India Mills’ Association (SIMA) has elected its new office bearers for the year 2017-18 at Hotel Le Meridien, Coimbatore. The association announced this during its 58th Annual General Meeting held on September 9. P Nataraj, Managing Director, K P R Mill Limited, Coimbatore has been unanimously elected as the […]

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September 13, 2017
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Apparel and Textile News Trade Info News

Lowering of GST rate on job work welcomed

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). This rate will be applicable for job works in apparel, shawls and carpets. CITI vice chairman Sanjay K Jain […]

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August 8, 2017
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Demand for lower GST rates on MMF & Yarn

The Confederation of Indian Textile Industry (CITI) has urged the finance minister Arun Jaitely for reducing GST rates on man-made fibres (MMF) and yarns from 18 per cent to 12 per cent otherwise this would affect the MMF textile segment prospects in the country in a big way. This will come as big blow to […]

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June 20, 2017
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153 Views

Apparel and Textile News Apparel Brands and Companies

Sanjay K Jain Elected VC of CITI

Sanjay K Jain, managing director of TT Ltd was elected vice chairman of Confederation of Indian Textile Industry (CITI) recently. CITI is the apex all India Association for textiles with a member turnover of approximately 30 billion US Dollar. Itrepresents the industry in all policy matters. Jain is also chairman of NITRA, former president of […]

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June 5, 2017
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Apparel and Textile News Trade Info News

Inverted duty structure for MMF under GST

Man-made fiber and synthetic yarn would have inverted duty structure problem as they would be levied Goods and Services Tax (GST) at 18 per cent, while man-made and synthetic fabric would attract only 5 per cent GST rate. Keeping the rates of key inputs at a higher level will affect the competitiveness of small and […]

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June 5, 2017
1 Comment
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Tag: Confederation of Indian Textile Industry

CITI hails Comprehensive Scheme for Knitwear Sector as Historical

ICC to host Apparel Industry Marketing Summit on July 7

CITI and MCX signed a MoU at ATEXCON 2018

The Textile Industry Welcomes the Post-GST Rates

Revised GST rates appreciated by the Textile Industry

Conference on Innovation & Competitiveness in Textiles by CITI

Trident bags CITI award of excellence for sustainability

SIMA elected its new office bearers for 2017-18

Lowering of GST rate on job work welcomed

Demand for lower GST rates on MMF & Yarn

Sanjay K Jain Elected VC of CITI

Inverted duty structure for MMF under GST