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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: Raja M Shanmugham

TEA hails GST rate for Garments at 5%
Apparel and Textile News Trade Info News

TEA hails GST rate for Garments at 5%

TEA President Raja M Shanmugham, has thanked the finance minister Arun Jaitley for considering the requisition and helping to fix GST rate at 5 per cent for garments including cotton, cotton yarn and fabrics. He said this would help the predominentary cotton based textile industry to grow and also increase exports. M Shanmugham also thanked […]

Support Sought To Make Tirupur Cluster '0' Defect
Apparel and Textile News

Support Sought To Make Tirupur Cluster ‘0’ Defect

To achieve their vision on making the cluster a ‘zero defect textile manufacturing hub’ in India Tirupur apparel exporters sought government support for a one-time intervention. Tirupur Exporters’ Association president Raja M Shanmugham recalling Prime Minister Narendra Modi’s call for making Indian manufacturing sector “zero defect and zero effect”,said that Tirupur industrial cluster is best […]

TEA welcomes tax free Tamil Nadu Budget 2017-18
Apparel and Textile News Trade Info News

TEA welcomes tax free Tamil Nadu Budget 2017-18

The state’s minister of finance, D Jayakumar has presented tax free Tamil Nadu Budget 2017-18 in Tamil Nadu Assembly which has been welcomed by Tiruppur Exporters’ Association (TEA). The association said that the people will be benefited from the schemes announced in the budget that includes the allocation of Rs 2,000 crore for infrastructure development. […]

CSP in Tiruppur allowed to Import Machinery under EPCG Scheme
Apparel and Textile News Trade Info News

CSP in Tiruppur allowed to Import Machinery under EPCG Scheme

Common Service Provider (CSP) in Tiruppur are now permitted to import machinery under Export Promotion Capital Goods (EPCG) Scheme where Job working units like knitting, dyeing, compacting, printing, embroidering, labelling, calendaring etc is registered.  The Central government scheme allows import of capital goods including spares at zero duty. In a press release, Tiruppur Exporters’ Association […]

Economic Survey 2017 Specifically Focused Apparel Sector: TEA Hails
Apparel and Textile News Trade Info News

Economic Survey 2017 Specifically Focused Apparel Sector: TEA Hails

The Economic Survey 2017 released by Government of India has, for the First Time, focused specially on Apparel and Leather Sector by introducing a separate chapter for those sectors. In a press release issued today, Shri.Raja M Shanmugham, President said he wholeheartedly welcome this unique move of Government of India. He further mentioned that the […]

Govt Approves Package to Support MSEs
Apparel and Textile News Trade Info News

Govt Approves Package to Support MSEs

The government has approved a package to support Micro and Small Enterprises (MSEs) and increased the Corpus of Credit Guarantee Trust Fund for Micro and Small Enterprises (CGTMSE) from Rs.2,500 crore to 7,500 crore. The decision has been taken with an intension to enhance the quantum of Credit Guarantee to larger number of MSEs. Apart […]

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