Chairman of the Southern India Mills’ Association (SIMA), P Nataraj Coimbatore, has welcomed the Union Budget 2019-20 that has laid ambitious targets to address various important issues relating to connectivity, power, skill development, etc.
Month: July 2019
Giving a major boost to the farmers’ income, the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved the increase in the Minimum Support Prices (MSPs) for all kharif crops, including cotton, for 2019-20 season.
India is mulling over extending the Rebate of State and Central Taxes and Levies (RoSCTL) for the garments and made-ups sector to other textile products because of the urgency to do away with the merchandise export incentive scheme (MEIS).
GHCL Limited has been certified as one of the best workplaces by the Great Place to Work Institute and has been ranked among the top 100 workplaces in India for the third consecutive year.
The NDA Government brought several historical reforms during its tenure 2014-2019 especially on the tax structure making the country “One Nation One Tax One Market†by implementing the GST successfully.
For the circular knitting machine manufacturer Mayer & Cie. (MCT) this year’s ITMA ended with a satisfactory result.
“The requirements in the finishing on premium quality textiles and knitted fabrics are becoming more and more exacting,†says Dirk Polchow, Managing Partner at iNTERSPARE.