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The WPI rate of inflation rises for textiles by 0.3 %

Based on monthly wholesale price index (WPI), the annual rate of inflation in India rises for all commodities. The rate stood at 3.18 per cent for the month of April 2018 as compared to same month of previous year, as stated in the official data released by the Office of the Economic Adviser, ministry of […]

appareltalk
May 14, 2018
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337 Views

Apparel and Textile News Trade Info News

Inverted duty structure for MMF under GST

Man-made fiber and synthetic yarn would have inverted duty structure problem as they would be levied Goods and Services Tax (GST) at 18 per cent, while man-made and synthetic fabric would attract only 5 per cent GST rate. Keeping the rates of key inputs at a higher level will affect the competitiveness of small and […]

appareltalk
June 5, 2017
1 Comment
425 Views

Apparel and Textile News Trade Info News

Lambodhara Signs Lease Agreement with Suriya Spinning

Lambodhara Textiles engaged in textile business operates a yarn producing mill specializing in synthetic yarns has entered into a lease agreement with Suriya Spinning Mills Unit B and Sri Akkamma Textiles to utilize their spare capacity of 3,024 spindles and 6,048 spindles respectively, for conversion of fiber into yarn. This deal will enhance the spinning […]

appareltalk
September 16, 2016
24 Comments
396 Views

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Tag: synthetic yarn

The WPI rate of inflation rises for textiles by 0.3 %

Inverted duty structure for MMF under GST

Lambodhara Signs Lease Agreement with Suriya Spinning