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Incorrect data submitted by spinning associations
November 2021
In a letter, Dr Rikhab C Jain, Chairman of T T Limited and a textile industry veteran, claims that incorrect and skewed data was submitted to Piyush Goyal, Minister of Textiles, Commerce and Railway, by CITI and spinning associations
SIMA hails new GST rate for textile goods in India
November 2021
GST addresses Indian textile industry’s inverted duty structure issue, says The Southern India Mills' Association (SIMA)
Prices of clothes in India to go up in 2022
November 2021
Prices of television, smartphones, air-conditioners and refrigerators are likely to increase by 5-6% by next month and another round of price hike is expected in January next year.
Cotton yarn price rise due to demand from garment sector
November 2021
Cotton yarn prices have increased over 20 per cent in the past three months in tandem with the rise in cotton prices, which have skyrocketed to record highs in the country.
GST rate change will help textile industry: Govt
November 2021
The revamp of the Goods and Services Tax (GST) rates would be applicable to the textile industry to correct a tax anomaly from 1st January.
Huge potential of recycled textile in Bangladesh: GFA
November 2021
Bangladesh has a potential to produce $1.2 billion worth of recycled textiles and garment items as the country has a big production base of cotton fibre made clothing items.
Olympic Medallist’s village gets mega handloom cluster
November 2021
Union Minister Piyush Goyal announced setting up a mega handloom cluster at Olympic silver medallist Saikohm Mirabai Chanu’s native village in Manipur’s Imphal East district.
US ban on Chinese cotton affects Tamil Nadu industries
November 2021
Small-time garment factory owners and their employees held a protest in the city condemning the skyrocketing cotton yarn prices and the indifference of the union government to contain the situation.
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