Apparel and Textile News Trade Info News

Textile Industry Demands Incentives In Budget

The textile industry has pitched for incentives such as halving excise duty on man-made fibre and filament and changes in labour laws in the budget for next financial year. It has demanded better access to major markets like the US and EU via trade pacts to help realise its untapped potential. The sector, which is […]

appareltalk
February 25, 2016
2 Comments
390 Views

Apparel and Textile News Trade Info News

Surat Textile Trade Hit By Jat Agitation

The ongoing Jat agitation in Haryana has hard hit Surat’s polyester fabric trade, the country’s largest man-made fabric (MMF) hub as over 300 trucks, loaded with textile fabrics that had set journey towards Delhi, Haryana and Punjab have been asked to return following widespread incidents of violence and arson on the Haryana-Delhi and Haryana-Amritsar highway. […]

appareltalk
February 22, 2016
3 Comments
408 Views

Apparel and Textile News Trade Info News

Rationalisation Of Duty Structure Sought By MMF

As the countdown for the Union Budget begins, synthetic fibre manufacturers have sought rationalization of duty structure on manmade fibre (MMF) claiming that the move could propel the textile industry towards a higher growth rate. As many as 320 members of the Indian Texpreneurs Federation (ITF) have in individual letters to Prime Minister, Narendra Modi, […]

appareltalk
January 13, 2016
2 Comments
358 Views

Apparel and Textile News Trade Info News

Rains Affect Business Prospects Of MMF

Business prospects of the country’s largest man-made fabric (MMF) wholesale market in Surat affected due to heavy rains and floods in parts of Andra Pradesh and Tamil Nadu, including Chennai. Due to cancellation of many trains and transport services, Surat textile traders are forced to call back almost all the textile parcels moving towards Tamil […]

appareladmin
November 24, 2015
6 Comments
348 Views

Apparel and Textile News Trade Info News

Man-Made Fabric Production Decreases

The production of man-made fabric (MMF) has drastically decreased after Diwali as more than 60 per cent of the workers in the powerloom units have not returned from their hometowns in Bihar, Uttar Pradesh and Odisha. The production of unfinished fabric has been reduced to almost half at 1.5 crore metres per day against three […]

appareltalk
November 23, 2015
3 Comments
402 Views

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, […]

appareltalk
November 3, 2015
2 Comments
353 Views

Apparel and Textile News Trade Info News

Call For Investment In MMF Units

The Man Made Fiber ( MMF ) based textile sector that presently has meager 2.2 per cent share in the market needs more investment to help government’s ambitious plans to grow the size of the segment from 110 billion US Dollar to 400 billion US Dollar in the next few years. ‘Wazir Advisors’ jt managing […]

appareltalk
October 30, 2015
5 Comments
365 Views

Apparel and Textile News Global News

Palazzo Pants Market Captured by Surti Traders

Textile traders and powerloom weavers of Surat plan to increase the sale of man-made fabric (MMF) riding on the growing popularity of palazzo pants women’s trousers cut with a loose, extremely wide leg that flares out from the waist across the country. Palazzo pants are manufactured from crape, chiffon and knitted polyester fabrics in the […]

appareltalk
September 5, 2015
0 Comments
458 Views

Apparel and Textile News Apparel Brands and Companies Ministry of Textiles News

First Yarn Bank To Support Powerloom Weavers

The textile ministry to provide powerloom weavers yarn at concessional rate has formed two special purpose vehicles (SPVs) namely Ved Road Art Silk Small Scale Cooperative Federation Limited and Pandesara Weavers Cooperative Society Limited for setting up India’s first yarn bank under the Integrated Scheme for Powerloom Sector Development (ISPSD). With the initial corpus fund […]

appareltalk
February 10, 2015
0 Comments
380 Views

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Tag: MMF

Textile Industry Demands Incentives In Budget

Surat Textile Trade Hit By Jat Agitation

Rationalisation Of Duty Structure Sought By MMF

Rains Affect Business Prospects Of MMF

Man-Made Fabric Production Decreases

Ministry Recommends Cut in Excise Duty on MMF

Call For Investment In MMF Units

Palazzo Pants Market Captured by Surti Traders

First Yarn Bank To Support Powerloom Weavers