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Industry on ‘wait-n-watch’ mode
April 2020
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come.
Coronavirus impact on textile industry
March 2020
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come.
Industry on ‘wait-n-watch’ mode
March 2020
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come.
COVID-19 hurts textile exporters
March 2020
Textile and clothing exporters have started feeling the impact of Covid-19 because of supply chain disruptions, fall in exports and cancellation of international events
Govt’s decision to withdraw MEIS incentives to hit textile exporters
March 2020
The Government’s decision to withdraw the Merchandise Exports from India Scheme (MEIS) with retrospective effect is likely to erode profit margins of textile players. It will also impact exports and fresh investment in the sector.
Declining exports of cotton yarn, a matter of deep concern: Texprocil
September 2019
Dr KV Srinivasan, Chairman, Texprocil stated that exports of cotton yarn from India in the first quarter of April-June 2019 have fallen by a steep 33 per cent. From 338 million kg for the period April-June 2018 to 226 mn kg in April-June’19.
Textile machinery industry upbeat post-Texfair
September 2019
The Southern India Mills’ Association (SIMA), Coimbatore organised Texfair 2019 – largest expo of textile machinery, spares, accessories and other supporting services and Farm to Finish Expo 2019 – expo showcased right from raw material to finished products during August 9-12, 2019 at CODISSIA Trade Fair Complex, Coimbatore.
Textile GST dues to be refunded in 20 days
May 2018
The Centre has promised to refund the entire pending claims of textile exporters under GST and IGST (Integrated GST) in 15-20 days.
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