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Tag: man-made fibres

Government Proposal To Boost Textile
Ministry of Textiles News Apparel and Textile News Apparel Association National News

Government Proposal To Boost Textile And Apparel Exports

India’s global textile and apparel exports (including handicrafts) stood at US$ 37.75 billion in 2024–25, registering a growth of 5.2% compared to US$ 35.87 billion in 2023–24. India was the 6th largest exporter of Textiles & Apparel in the world in 2024. (Source: ITC Trade Map) The Indian textile industry is one of the largest in […]

AEPC urges to address embedded Taxes on Exports
Apparel and Textile News Trade Info News

AEPC urges to address embedded Taxes on Exports

The Apparel Export Promotion Council (AEPC) has urged the Indian government to address the refund of embedded taxes on exports, ahead of the GST Council’s meeting on October 6. These taxes used in textiles include the levies on cotton, electricity, and input tax credit restrictions for man-made fibres which is purchased from unregistered dealers. Before […]

Source India 2016 Begins In Surat On Aug 13
Apparel and Textile News Events and Exhibitions News

Source India 2016 Begins In Surat On Aug 13

Source India 2016, India’s Premier sourcing show for man-made fibres (MMF) and blended textiles for international buyers will be held at Surat International Exhibition & Convention Center in Surat from August 13. It is one of the flagship events of the organizer’s Synthetic & Rayon Textiles Export Promotion Council (SRTEPC). India is one of the […]

Ministry Recommends Cut in Excise Duty on MMF
Apparel and Textile News Ministry of Textiles News

Ministry Recommends Cut in Excise Duty on MMF

The textiles ministry has recommended to the centre to reduce excise duty on man-made fibres (MMF) from 12 per cent to six per cent, according to a report. The recommendations came following textile commissioner, Kavita Gupta’s discussions with various export promotion councils and traders’ bodies recently. At a meeting with Tirupur Exporters’ Association at Tirupur, […]

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