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KRS 2025 Puts Spotlight On Technology, Consumer Trends, And Market Opportunities In Eastern India

The Retailers Association of India (RAI) successfully organised the Kolkata

Handloom Weavers Gain From Raw Material, Design And Market Support

For the purpose of providing various concessions, benefits and support

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PM MITRA Parks: Significant Progress In Textile Infrastructure

With a view to attract investment, boost employment generation and

Tag: MSMEs

Centre Introduces Measures To Help MSMEs Access Finance, Ensure Timely Payments And Embrace New Technology
Events and Exhibitions News National News Retail News Trade Info News

Centre Introduces Measures To Help MSMEs Access Finance, Ensure Timely Payments And Embrace New Technology

The Government of India has taken a number of initiatives and measures to provide support to Micro, Small and Medium Enterprises (MSMEs) for improving access to finance, timely payments and faster technology adoption. Some of them are: i. Under the Credit Guarantee Scheme (CGS) for Micro and Small Enterprises (MSEs) of Ministry of MSME, additional […]

Viscose Staple Fibre QCO withdrawn to ease industry supply
Apparel Accessories Apparel and Textile News Manufacture Ministry of Textiles News National News Trade Info News

Viscose Staple Fibre Freed From QCO Norms As Centre Issues Immediate Withdrawal

In a significant move aimed at strengthening raw material availability and supporting long-term growth in the textile value chain, the Central Government has officially withdrawn the Quality Control Order (QCO) for Viscose Staple Fibre (VSF) with immediate effect. The decision follows extensive consultations with the Bureau of Indian Standards (BIS), leading textile associations, major manufacturers, […]

BillMart Fintech and CMAI Collaborate to Streamline Trade Finance for Garment Manufacturers
Apparel and Textile News Apparel Brands and Companies Manufacture National News Trade Info News

BillMart Fintech and CMAI Collaborate to Streamline Trade Finance for Garment Manufacturers

BillMart Fintech Pvt. Ltd. a leading digital lending platform in India specializing in bill discounting, trade finance, and supply chain solutions, has entered into a strategic Memorandum of Understanding (MoU) with the Clothing Manufacturers Association of India (CMAI). As part of this collaboration, BillMart will serve as the official Digital Funding Partner for CMAI’s members. BillMart […]

Garment Pioneers React To Budget 2024: Favorable Outlook Amid Cautious Optimism
Apparel and Textile News Ministry of Textiles News National News

Garment Pioneers React To Budget 2024: Favorable Outlook Amid Cautious Optimism

The 2024 budget has sparked a range of reactions from garment industry leaders. While many applaud the strategic moves, others call for more details and careful implementation. Here’s a look at their perspectives on the budget’s impact on the textile and retail sectors. Rahul Mehta, Chief Mentor, Clothing Manufacturers Association of India (CMAI) Rahul Mehta […]

TEA Requests For One TIime Exemption
Apparel and Textile News National News Trade Info News

TEA Requests For One Time Exemption from MODT Pay

In a press release issued today, Raja M. Shanmugham, President said after the Finance Ministry’s announcement of stimulus measures for the MSMEs, including 20% of entire outstanding credit as a collateral free loan, when the exporting members approached the Banks to avail the loans, the banks are insisting to submit the MEMORANDUM OF DEPOSIT OF […]

TEA REQUISITION TO EXTEND THE MORATORIUM
Apparel and Textile News Ministry of Textiles News Trade Info News

REQUISITION TO EXTEND THE MORATORIUM

REQUISITION TO EXTEND THE MORATORIUM Yesterday, A letter was written to Prime Minister Narendra Modi by President Raja M Shanmugham of Tiruppur Exportores Association. Raja M Shanmugham on behalf of Association had submitted their requisition to extend the Moratorium for Followings: TERM LOAN MORATORIUM To tide over the economic fallout from COVID-19, the Finance Minister […]

MSME establishes Export promotion cell for Sustainable Ecosystem
Apparel and Textile News Trade Info News

MSME establishes Export Promotion Cell for Sustainable Ecosystem

Ministry of Micro, Small and Medium Enterprises (MSME) has recently established an Export Promotion Cell with an aim to create a sustainable ecosystem for entire MSME development.  The benefits likely to accrue to the MSMEs are: Evaluate readiness of MSMEs to export their products and services Recognize areas where improvements are required in order to […]

Duke Fashions Bagged Excellency in Fashion Award 2018
Apparel and Textile News Apparel Brands and Companies

Duke Fashions Bagged Excellency in Fashion Award 2018

Duke Fashions (India) Limited, a lifestyle brand with a successful track record in manufacturing quality readymade garments with contemporary styling, has bagged the coveted “Excellency in Fashion Award’18” for its extraordinary contribution of MSMEs in the development of Punjab. Mr. Kuntal Raj Jain, Director Duke Fashions (India) Limited, received the prestigious award as the most […]

Govt. emphasizes Various Programmes and Schemes for MSMEs
Apparel and Textile News Ministry of Textiles News

Govt. emphasizes Various Programmes and Schemes for MSMEs

The Government emphasizes the promotion of ecosystem for development of MSMEs in the country. Various programmes and schemes have been put in place with particular focus to develop and facilitate access to finance, skill development, infrastructure support, access to the market, technology upgradation and ease of doing business. This was stated by Minister of State […]

PDEXCIL demands for Yarn Stability to stimulate Powerloom Sector
Apparel and Textile News Trade Info News

PDEXCIL demands for Yarn Stability to stimulate Powerloom Sector

The Powerloom Development and Export Promotion Council (PDEXCIL), the government body under the aegis of Ministry of Textiles and representatives of powerloom operators issued a press release demanding a fair mechanism for stability in yarn prices. He said that the yarn prices to be stabilized and stay constant over a period of time to ensure […]

Apparel and Textile News Ministry of Textiles News

Rao urges Govt to improve basic infrastructure needs in the Textile Sector

Telangana has been taking steps to boost the textile industry in the state including the Micro, Small and Medium Enterprises (MSMEs). On reviewing the developments in the textile sector in the state, Telangana Industries and Textiles Minister, KT Rama Rao urges the government to improve the basic infrastructure needs for the effective operation of the […]

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