Indian Apparel Archives - Page 78 of 291

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 […]

appareltalk
June 5, 2017
1 Comment
422 Views

Apparel and Textile News Apparel Brands and Companies

Techtextil to capitalize Garment Machinery Market

VDMA Textile Care, Fabric and Leather Technologies to extend its support for Techtextil India as it gears up to expand its scope into the garment machinery segment through an exclusive Texprocess Pavilion this year. Working together with the VDMA Textile Care, Fabric and Leather Technologies, the organizer aim to capitalize on this market need and […]

appareltalk
June 2, 2017
2 Comments
517 Views

Apparel and Textile News Retail News

50% of world’s online retail market’ recorded by China

China has been projected to account for more than 50 per cent of the world’s online retail market in 2017, according to a recent report. With its immense population and high online shopper penetration among internet users, China leads in the global B2C e-commerce arena in spite of its internet penetration of just above 50 […]

appareltalk
June 2, 2017
2 Comments
309 Views

Apparel and Textile News Trade Info News

Growth of Handloom Sector

The handloom Sector is going through an exciting period of growth. A total of 5 lakh handloom weavers have been targeted for the MUDRA scheme for handloom weavers and artisans in a period of 3 years. The government has significantly expanded its support to handloom clusters, with respect to Common Facility Centres, Skill upgradation, assistance […]

appareltalk
June 2, 2017
17 Comments
374 Views

Apparel and Textile News Trade Info News

Seminar on Sustainable Textile Industry by VITAS

Vietnam Textile and Apparel Association (VITAS) together with the Korea Institute of Industrial Technology (KITECH) will host a seminar on sustainable textile industry in Hanoi on July 13. The seminar on ‘smart manufacturing system for sustainable textile industry’ will be a boost for textile industries in Vietnam to become a part of industrial revolution. The […]

appareltalk
June 2, 2017
2 Comments
329 Views

Apparel and Textile News Trade Info News

AEPC, Texprocil & TEA Seek continuation of ROSL Scheme

The Apparel Export Promotion Council (AEPC), the official body of apparel exporters in India, has sought continuation of the ‘Rebate of State Levies (ROSL) on Export of Garments’ scheme in its current form under the Goods and Services Tax (GST) regime. The GST Council will decide on tax rates for the textile and garment sector […]

appareltalk
June 1, 2017
3 Comments
374 Views

Apparel and Textile News

GST to lead expansion of Tax Base

The extension of the GST to both fabrics and apparel is expected to lead to a very substantial expansion of the tax base. Assuming even a modest compliance in the sector, a 5 per cent GST would generate revenues to the tune of Rs. 11,000 crore, a three-fold increase over current revenues from the sector,according […]

appareltalk
June 1, 2017
32 Comments
417 Views

Apparel and Textile News Apparel Brands and Companies

ABFRL to downsize Forever 21 outlets

Aditya Birla Fashion & Retail (ABFRL) has decided to downsize and rightsize the Indian franchisee outlets of US brand ‘Forever 21’ to make the lable profitable. ABFRL had acquired the retailing rights of Forever 21 in 2016 from Diana Retail, a wholly owned subsidiary of DLF Brands, through a slump sale of the business undertaking […]

appareltalk
June 1, 2017
1 Comment
471 Views

Apparel and Textile News Apparel Brands and Companies

Arvind Ltd. Records 10 % growth for the quarter ended in 2017

Textile major, Arvind Ltd., has recorded 10 per cent growth in its consolidated revenue at Rs. 2,465 crore for the quarter ended March 31, 2017, as against Rs. 2,233 crore in the corresponding quarter of the previous year. For the financial year, the company reported 15 per cent growth in revenue at Rs. 9,236 crore. […]

appareltalk
June 1, 2017
2 Comments
379 Views

Apparel and Textile News Trade Info News

Higher GST will cost Surti Sari more

Indian man-made fabric (MMF) manufactured in Surat, which made saris and dress material is targeting mainly the poor and lower middle class consumers supplied its products throughout the country. If the central government implements 12 percent GST on fabrics made of MMF and 18 percent on branded textiles, the cheapest sari sold at Rs 200 […]

appareltalk
June 1, 2017
4 Comments
366 Views

Apparel and Textile News Apparel Brands and Companies Trade Info News

Lingerie market gears up for momentous changes

Growing at a steady rate over the past few years, the dependency of lingerie for functional as well as fashion purposes has propelled its growth further resulting in the global lingerie market being valued at 33.18 billion US Dollar in 2015, which is expected to be worth 55.83 billion US Dollar by the end of […]

appareltalk
June 1, 2017
32 Comments
364 Views

Apparel and Textile News Trade Info News

Apparel Industry Slowly Making a Recovery

After a slowdown in Q3 post-demonetization business, Clothing Manufacturers Association of India’s (CMAl’s) Apparel index for January-March 2016-17 reveals that the Indian apparel industry is slowly and surely making a recovery. The Q4 Index shows overall growth has improved mildly with overall lndex Value moving up to 2.25, compared to 1.4 points in Q3. Similar […]

appareltalk
May 31, 2017
1 Comment
356 Views

Snitch Opens 111th Store In Indiranagar, Expands Bengaluru

Ministry of Textiles Hosts Consultative Meet For “Textiles

YKK Unveils YZiP® Light Aluminum Zipper for Cotton

Textile And Apparel Exports Rise To Rs 3.19

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Snitch Opens 111th Store In Indiranagar, Expands Bengaluru Presence

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Textile And Apparel Exports Rise To Rs 3.19 Lakh Crore; Govt Boosts Sector With Key Schemes

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Inverted duty structure for MMF under GST

Techtextil to capitalize Garment Machinery Market

50% of world’s online retail market’ recorded by China

Growth of Handloom Sector

Seminar on Sustainable Textile Industry by VITAS

AEPC, Texprocil & TEA Seek continuation of ROSL Scheme

GST to lead expansion of Tax Base

ABFRL to downsize Forever 21 outlets

Arvind Ltd. Records 10 % growth for the quarter ended in 2017

Higher GST will cost Surti Sari more

Lingerie market gears up for momentous changes

Apparel Industry Slowly Making a Recovery