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SIMA: Exclude textile units from lockdown restrictions
April 2021
Southern India Mills’ Association (SIMA) said that stopping textile units in Tamil Nadu during night hours and on Sundays would affect the production activities, exports and also the jobs of several lakhs of workers.
India imposes duty on cotton imports
February 2021
On February 1, Nirmala Sitharaman, Union Finance Minister of India introduced the Indian budget for the financial year 2021-22.
10% import duty on cotton – a severe blow: SIMA
February 2021
10 per cent import duty on cotton is a severe blow for cotton textile value chain. SIMA appeals PM for withdrawal.
PLI scheme a shot in the arm for MMF & tech textiles
December 2020
On November 11, 2020, the Union Cabinet gave its approval to extend the PLI scheme to textile products along with nine other new sectors entailing additional financial outlay of Rs 1,460 billion over a five-year period.
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.
SIMA hails financial package relief announced by RBI
March 2020
Ashwin Chandran, Chairman, SIMA thanked PM for making certain announcements on financial relief package through RBI.
SIMA hails marginal increase in duty drawback rates
March 2020
Ashwin Chandran, Chairman, The Southern India Mills’ Association (SIMA) has thanked the Duty Drawback Committee and the Government for considering the inputs given by the textiles and clothing industry and enhancing the rates marginally across the value chain.
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