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India to position itself as global MMF hub
India is working to be a global hub in the man-made fibre (MMF) and technical textiles segments, including setting up five integrated textiles parks, a testing lab and starting a Focused Product Scheme, according to textiles secretary Ravi Capoor.
Textile Industry: Locked down
Covid-19 virus that has thrown the economic activity out of gear across the world has also halted the Indian textile industry to a grinding halt.
Automation: Need of the hour
Without modernisation of its entire value chain, India can never become global champion in textile sector.
Brueckner finishing system saves over 10-times water needs: CEO
Many call Brueckner’s textile machinery as fascinating, agreeing to the catchphrase found on their website because as one Asian company bearing testimony to the machinery’s unique features says: “We achieve perfect dyeing results with our Brueckner thermosol line and this allows us to extend our production with high-quality products.
India mulls extending RoSCTL
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), which is against World
SIMA hails made-ups export package
The Union Cabinet Chaired by the Prime Minister approved certain reforms to boost employment generation and exports in the made-ups sector that has been facing challenges in the international market due to high costs of production, non-refund of State levies, high tariff barrier when compared to the competing nations such as Pakistan, Vietnam, etc.
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