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Tag: SIMA

Withdrawal Of VAT Hike Urged By SIMA
Apparel and Textile News Trade Info News

Withdrawal Of VAT Hike Urged By SIMA

The Southern India Mills Association (SIMA), an apex body of textile mills has appealed to the government, to withdraw the hike in VAT on petrol and diesel to save textile industry from its impact. Association chairman, M. Senthilkumar in a communication to the state’s chief minister, termed the hike as unwarranted considering that the centre […]

SIMA hails Textiles Ministry's Move on Cotton Purchase
Apparel and Textile News Trade Info News

SIMA hails Textiles Ministry’s Move on Cotton Purchase

Textile industry in southern part of India has welcomed textiles minister Smriti Irani’s announcement of unique terms and conditions for procuring cotton from Cotton Corporation of India (CCI) for the benefit of MSME textile units. “Under the new terms and conditions for fully pressed bales of CCI facilitates, the registered MSME textile units can procure […]

Indian Apparel Industry Welcomes Centre's Demonetization Decision
Apparel and Textile News Trade Info News

Indian Apparel Industry Welcomes Centre’s Demonetization Decision

The Indian apparel industry is happy with the Government of India’s decision to discontinue the current currency denominators of Rs.500 and Rs.1000. They feel that the decision will benefit the organized segment in the industry as many unorganized players and firms are working unethically and will face pressure to comply. Stalwarts also feel that this […]

Indian Textile Industry Appeals for Cotton Fibre Security
Apparel and Textile News Ministry of Textiles News

Indian Textile Industry Appeals for Cotton Fibre Security

A 19-member delegation from Indian textile industry met the textiles minister, Smriti Zubin Irani and submitted a joint memorandum. “Based on the collective decision taken by 26 textile Associations across the value chain in the country, it was unanimously decided to insist the government to direct Cotton Corporation of India to procure 70 to 80 […]

SIMA Re-Elects Office Bearers for Second Term
Trade Info News Apparel and Textile News

SIMA Re-Elects Office Bearers for Second Term

The Southern India Mills’ Association (SIMA) has unanimously re-elected M Senthilkumar, MD of BKS Textiles, Palladam as chairman of the association for 2016-17. P Nataraj, MD of KPR Mill, Coimbatore and K Vinayakam, MD of SCM Textile Spinners, Avinashi and MD of The Chennai Silks have been re-elected as deputy chairman and vice chairman respectively. […]

SIMA For Inclusion Of Made-Ups In Special Package
Apparel and Textile News Trade Info News

SIMA For Inclusion Of Made-Ups In Special Package

The Southern India Mills’ Association (SIMA) has appealed to textiles minister Santosh Gangwar to include made-ups/home textiles segments also under the special package for textiles and garments sector announced on June 22. In a letter to the minister, SIMA chairman M. Senthilkumar said that the industry has been demanding the government to adopt “cut & […]

Trade Bodies Seek Help For Growth Of Textile Ind.
Apparel and Textile News Trade Info News

Trade Bodies Seek Help For Growth Of Textile Ind.

Congratulating J Jayalalithaa on her party winning consecutively second time in Tamil Nadu Assembly elections, The Southern India Mills’ Association (SIMA) has urged her to help the state textile industry reach new heights. In a statement, SIMA chairman M Senthilkumar appealed to the chief minister to help taking the textile industry to reach new heights […]

Texfair 2016 In Coimbatore From Tomorrow
Apparel and Textile News Events and Exhibitions News

Texfair 2016 In Coimbatore From Tomorrow

Over 220 exhibitors from Tamil Nadu, Gujarat, Delhi, Goa, Maharashtra and Punjab and from countries like China and Italy will participate in SIMA’s international textile machinery, accessories and spares exhibition, “Texfair 2016” to the held in Coimbatore from tomorrow. The four-day fair will have 231 stalls for the display of machinery, spares, accessories, testing equipments, […]

SIMA Seeks Rs.5000 Cr For TUFS
Apparel and Textile News Trade Info News

SIMA Seeks Rs.5000 Cr For TUFS

Southern India Mills’ Association (SIMA) chairman M Senthilkumar has appealed to finance minister Arun Jaitley to allocate adequate funds for clearing TUFS subsidy backlog since September 2014. In a release, Senthilkumar said with the subsidy pending for more than one and half years, the working capital of the spinning mills has been totally eroded and […]

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