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Budget 2025: Association Leaders & Experts Share Their Views

Finance Minister Nirmala Sitharaman presented her eighth consecutive Union Budget 2025-26 on February 1, 2025, continuing her tradition of using a digital tablet encased in a traditional ‘bahi-khata’ style pouch. In this budget, significant measures were introduced to stimulate economic growth and support various sectors: Tax Reforms: Income Tax Relief: The threshold for the nil […]

appareladmin
February 1, 2025
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235 Views

CMAI REACTION TO THE FINANCIAL PACKAGE ANNOUNCED BY THE FM

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CMAI REACTION ON FINANCIAL PACKAGE ANNOUNCED BY THE FM

CMAI reaction and welcomes the measures announced by Finance Minister Nirmala Sitharaman. Especially for those who connected with the Government’s support to the MSME Sector – on which she focused on today. The enhancing of the upper limits of the sector, the merging of the Manufacturing and Service Sectors, and the addition of a Turnover […]

appareladmin
May 14, 2020
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118 Views

Union Budget 2019-20 A Mixed Bag for Textile & Apparel Industry

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Union Budget 2019-20 A Mixed Bag for Textile and Apparel Industry

The Clothing Manufacturers Association of India (CMAI) stated that the Union Budget 2019-20 announced by the Finance Minister, Smt. Nirmala Sitharaman is a mixed bag for the Textile and Apparel Industry. Giving his reaction on the Budget, Mr. Rahul Mehta, President, CMAI, stated that the extension of Lower Rate of 25 per cent Corporate Tax […]

appareltalk
July 6, 2019
1 Comment
108 Views

Apparel and Textile News Trade Info News

Meeting on Strengthening Regulatory and Standards Framework

As a follow-up to 4th National Standards Conclave, Commerce & Industry Minister Smt. Nirmala Sitharaman took review meeting of all the relevant ministries, regulators and organizations today. The purpose of the meeting was to address the regulatory deficit in various product categories in the country. The Minister reviewed participation of experts in international setting bodies […]

appareltalk
July 4, 2017
2 Comments
87 Views

Apparel and Textile News Trade Info News

Revised FTP To Promote SME Exports

The core focus of the revised Foreign Trade Policy (FTP) would be promoting exports from the small and medium enterprises (SMEs) and sectors with high employment potential such as apparel. The revised FTP would be released early to synchronise the same with roll out of Goods and Services Tax (GST),union commerce and industry minister, Nirmala Sitharaman […]

appareltalk
May 9, 2017
27 Comments
123 Views

Apparel and Textile News

Review Of FDI In Multi-Brand Not Under Consideration

“There is no proposal under consideration of the government to review the FDI policy on multi-brand retail,” union commerce and industry minister Nirmala Sitharaman said in a written reply to the Lok Sabha. The current foreign direct investment policy permits overseas players to hold 51 per cent stake in an Indian retail company. So far, […]

appareltalk
April 11, 2017
1 Comment
143 Views

Apparel and Textile News Trade Info News

India-Canada Annual Ministerial Dialogue Toronto, Canada

The third India-Canada Annual Ministerial Dialogue was held on 29-09-2016 between the Commerce and Industry Minister Nirmala Sitharaman and the Trade Minister of Canada Chrystia Freeland at Toronto. The discussion covered outstanding trade and investment related issues and among other things, focused on expanding bilateral trade, having more B 2 B interface with constitution of […]

appareltalk
September 30, 2016
4 Comments
106 Views

Apparel and Textile News Trade Info News

Govt Is Focused To Create Logistics Experience For Industries

Nirmala Sitharaman, commerce and industry minister, has said that the government is focused to spend on infrastructure in a big way to create smooth logistics experience for industries. Addressing the inaugural session of the Invest North Summit, she said the interaction between industry and government is essential. She also said that regulatory quality will improve […]

appareltalk
September 22, 2016
1 Comment
97 Views

Apparel and Textile News Trade Info News

Indian Textiles to get Greater Market Access in Abroad

Indian textile exporters are set to get greater market access in China and South Korea, as the union cabinet has approved the exchange of tariff concessions, on margin of preference basis, under the fourth round of negotiations under the Asia Pacific Trade Agreement (APTA) and related amendments. The APTA is an initiative under the United […]

appareltalk
September 13, 2016
31 Comments
113 Views

Apparel and Textile News Trade Info News

Govt Approves Leather Cluster In Nellore

The centre has approved establishment of a mega leather cluster at Kota Mandal in Nellore district of Andhra Pradesh. The government has also announced Rs 125 crore assistance for the cluster. “It gives me immense pleasure to inform you that proposal for establishment of mega leather cluster at Kota Mandal has been approved with a […]

appareltalk
June 10, 2016
1 Comment
132 Views

Apparel and Textile News Trade Info News

TEA For Relaxation In EPCG Scheme

The Tirupur Exporters Association (TEA) has requested the union commerce and industry minister Nirmala Sitharaman to help in making amendments in Export Promotion Capital Goods (EPCG) Scheme that the export obligation can be fulfilled by the ultimate garment exporter through third party exports after relaxing the condition that the product manufactured by EPCG holder should […]

appareltalk
June 7, 2016
2 Comments
79 Views

Apparel and Textile News Trade Info News

TEA Thanks Sitharaman For Widening MEIS List

The Tiupur Exporters Association (TEA) has thanked commerce and industry minister Nirmala Sitharaman for the notice of Directorate General of Foreign Trade for including countries under Group C also to get two per cent of FOB value of exports as reward under Merchandise Exports from India Scheme (MEIS) in Foreign Trade Policy 2015 – 20. TEA president […]

appareltalk
May 6, 2016
29 Comments
119 Views

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Tag: Nirmala Sitharaman

Budget 2025: Association Leaders & Experts Share Their Views

CMAI REACTION ON FINANCIAL PACKAGE ANNOUNCED BY THE FM

Union Budget 2019-20 A Mixed Bag for Textile and Apparel Industry

Meeting on Strengthening Regulatory and Standards Framework

Revised FTP To Promote SME Exports

Review Of FDI In Multi-Brand Not Under Consideration

India-Canada Annual Ministerial Dialogue Toronto, Canada

Govt Is Focused To Create Logistics Experience For Industries

Indian Textiles to get Greater Market Access in Abroad

Govt Approves Leather Cluster In Nellore

TEA For Relaxation In EPCG Scheme

TEA Thanks Sitharaman For Widening MEIS List