Apparel and Textile News Trade Info News

Ludhiana Garment Traders Recorded A Decline Of 40% In Exports

Ludhiana garment traders noted a decline of around 40 per cent in exports this year feeling the pinch of Goods and Services Tax (GST) execution and rate reduction in duty drawback from 7.7 per cent to 2 per cent when compared to last year. Ludhiana is one of the key apparel manufacturing hubs of India […]

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December 28, 2017
66 Comments
180 Views

Apparel and Textile News Trade Info News

Post-GST rates of ROSL to boost Apparel & Textiles sector

Indian Government has notified post-GST rates under Remission of State Levies (RoSL) scheme to support exports of readymade garments, made-ups and under AA-RoSL for garments, Government vide Notification No. 14/26/2010- IT dated 24th November 2017. The Post-GST rates of RoSL are upto a maximum of 1.70 per cent for cotton garments, 1.25 per cent for […]

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November 27, 2017
4 Comments
174 Views

Apparel and Textile News Trade Info News

FICCI survey indicates higher Textile production

A little over two-fifths of participants expect their production level for the April-June 2017-18 quarter to be similar to that of the same period last year, while a third expect it to be higher, the latest FICCI quarterly survey on Indian manufacturing sector, based on responses from both large units and SMEs said. For the […]

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July 18, 2017
3 Comments
197 Views

Apparel and Textile News Trade Info News

Telangana Govt. urges Centre to open 150 CCI centres

In perspective of the territory under cotton expanding two-overlay this year, the Telangana state government has asked the Center to open 150 business centres of Cotton Corporation of India (CCI) to enable farmers sell their produce. It has additionally looked for unwinding in CCI buying standards as cotton gets stained to some degree because of […]

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July 7, 2017
9 Comments
246 Views

Apparel and Textile News Trade Info News

Investors Agony Over Textile Park Delay

Entrepreneurs, interested in setting up units at the Padalur Textile Park in Tamil Nadu have demanded infrastructure development of the Park on war footing, as it has been delayed for long. When the proposal was mooted by the government, around 30 entrepreneurs had shown interest in setting up facilities there. The delay was primarily due […]

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March 1, 2017
3 Comments
145 Views

Apparel and Textile News Trade Info News

Khadi to cross Rs.5,000 crore Sales Mark in FY18

Riding high on the upsurge in demand for khadi products, Khadi and Village Industries Commission (KVIC) expects to surpass the sales target of Rs.5,000 crore by the end of 2017-18. “The sale of khadi products has recorded a quantum jump. We are getting good orders from the government. We will achieve the sales target of […]

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November 8, 2016
3 Comments
126 Views

Apparel and Textile News Global News

Indian Cotton Exports may Decline by 28%

India’s cotton exports in 2016-17 are likely to fall 28 per cent compared to the same period last year, as one of its cotton buyers Pakistan is set to slash purchases from India due to rising hostilities and improvement in its own production. “Pakistan is likely to import 1 million to 1.5 million bales of […]

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October 25, 2016
1 Comment
199 Views

Apparel and Textile News Trade Info News

Bangladesh Garment Industry to Invest in Technology

The investment in technology is at a nascent stage in Bangladesh garment industry, speakers at a seminar said that investment in technology is essential for achieving 50 billion US Dollar export target by 2021. The seminar was organised by ThreadSol, an innovative apparel software solutions provider, in partnership with Independent TV, a leading private television […]

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September 8, 2016
2 Comments
179 Views

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Tag: exports

Ludhiana Garment Traders Recorded A Decline Of 40% In Exports

Post-GST rates of ROSL to boost Apparel & Textiles sector

FICCI survey indicates higher Textile production

Telangana Govt. urges Centre to open 150 CCI centres

Investors Agony Over Textile Park Delay

Khadi to cross Rs.5,000 crore Sales Mark in FY18

Indian Cotton Exports may Decline by 28%

Bangladesh Garment Industry to Invest in Technology