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South Indian Cotton Yarn Market Remains Steady Ahead Of Union Budget

The South Indian cotton yarn market is witnessing a steady

Bangladesh Fabric And Yarn Imports Decline 3.20% In 2025

Bangladesh fabric and yarn imports recorded a 3.20% decline in

India–EU FTA To Cover One-Third Of Global Population, 25% Of World GDP: Piyush Goyal

Citing the India–EU FTA (Free Trade Agreement), Union Minister of

MSME Investment And Turnover Limits Revised To Boost Scale And Competitiveness

The limits of investment and turnover for the classification of

Tag: M Senthilkumar

SIMA Seeks PM's Help For Job Work Issues
Apparel and Textile News Trade Info News

SIMA Seeks PM’s Help For Job Work Issues

The GST Council’s decision of considering any rate revision only after three months would paralyse the decentralized garment/madeup segments that predominantly function with the jobwork, The Southern India Mills’ Association (SIMA) said. “Garment/madeup sector, the largest employment provider in the entire textile value chain was hoping that the GST Council would include jobwork relating to […]

Withdrawal Of VAT Hike Urged By SIMA
Apparel and Textile News Trade Info News

Withdrawal Of VAT Hike Urged By SIMA

The Southern India Mills Association (SIMA), an apex body of textile mills has appealed to the government, to withdraw the hike in VAT on petrol and diesel to save textile industry from its impact. Association chairman, M. Senthilkumar in a communication to the state’s chief minister, termed the hike as unwarranted considering that the centre […]

SIMA hails Textiles Ministry's Move on Cotton Purchase
Apparel and Textile News Trade Info News

SIMA hails Textiles Ministry’s Move on Cotton Purchase

Textile industry in southern part of India has welcomed textiles minister Smriti Irani’s announcement of unique terms and conditions for procuring cotton from Cotton Corporation of India (CCI) for the benefit of MSME textile units. “Under the new terms and conditions for fully pressed bales of CCI facilitates, the registered MSME textile units can procure […]

Indian Textile Industry Appeals for Cotton Fibre Security
Apparel and Textile News Ministry of Textiles News

Indian Textile Industry Appeals for Cotton Fibre Security

A 19-member delegation from Indian textile industry met the textiles minister, Smriti Zubin Irani and submitted a joint memorandum. “Based on the collective decision taken by 26 textile Associations across the value chain in the country, it was unanimously decided to insist the government to direct Cotton Corporation of India to procure 70 to 80 […]

SIMA Re-Elects Office Bearers for Second Term
Trade Info News Apparel and Textile News

SIMA Re-Elects Office Bearers for Second Term

The Southern India Mills’ Association (SIMA) has unanimously re-elected M Senthilkumar, MD of BKS Textiles, Palladam as chairman of the association for 2016-17. P Nataraj, MD of KPR Mill, Coimbatore and K Vinayakam, MD of SCM Textile Spinners, Avinashi and MD of The Chennai Silks have been re-elected as deputy chairman and vice chairman respectively. […]

SIMA For Inclusion Of Made-Ups In Special Package
Apparel and Textile News Trade Info News

SIMA For Inclusion Of Made-Ups In Special Package

The Southern India Mills’ Association (SIMA) has appealed to textiles minister Santosh Gangwar to include made-ups/home textiles segments also under the special package for textiles and garments sector announced on June 22. In a letter to the minister, SIMA chairman M. Senthilkumar said that the industry has been demanding the government to adopt “cut & […]

Trade Bodies Seek Help For Growth Of Textile Ind.
Apparel and Textile News Trade Info News

Trade Bodies Seek Help For Growth Of Textile Ind.

Congratulating J Jayalalithaa on her party winning consecutively second time in Tamil Nadu Assembly elections, The Southern India Mills’ Association (SIMA) has urged her to help the state textile industry reach new heights. In a statement, SIMA chairman M Senthilkumar appealed to the chief minister to help taking the textile industry to reach new heights […]

SIMA Seeks Rs.5000 Cr For TUFS
Apparel and Textile News Trade Info News

SIMA Seeks Rs.5000 Cr For TUFS

Southern India Mills’ Association (SIMA) chairman M Senthilkumar has appealed to finance minister Arun Jaitley to allocate adequate funds for clearing TUFS subsidy backlog since September 2014. In a release, Senthilkumar said with the subsidy pending for more than one and half years, the working capital of the spinning mills has been totally eroded and […]

SIMA For Improving The Health Of Textile Sector
Apparel and Textile News Trade Info News

SIMA For Improving The Health Of Textile Sector

With India’s textile exports continuing to decline this year, the Southern India Mills Association (SIMA) has approached corporate advisor S Gurumurthy to lobby their case to improve the health of the textile industry. SIMA chairman, M Senthilkumar said the 12-nation Trans Pacific Partnership (TPP) can potentially dent Indian textile exports further because of duties ranging […]

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