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Allow small powerloom units to withdraw more money: FIASWI AGM
The 39th Annual General Meeting of the Federation of Indian Art Silk Weaving Industry (FIASWI) was held in Mumbai on the December 14, 2016. Arunchandra N Jariwala has been declared as Chairman, EMERITUS. Bharatbhai T Gandhi, Director, Bell Textiles Pvt Ltd, Surat, was elected as Chairman of FIASWI for 2016-17.
ADD on PTA to hit Surat’s MMF sector
Surat, which is famed to house India’s largest man-made fabric (MMF) hub, is in for bad times with the Indian Finance Ministry’s decision to impose definitive anti-dumping duty on purified terephthalic acid (PTA) imports from China, Iran, Taiwan, Indonesia and Malaysia.
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