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NITMA welcomes budget announcement for textile sector
Sanjay Garg, President NITMA , welcomed the proposal of Union Budget 2021-22 as the grant to textile and clothing sector is budgeted at Rs 3,631.64 crore which is about 10 per cent higher than previous year’s revised budget of Rs 3,300 crores in 2020-21.
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NITMA hails ADD on viscose spun, urges ADD for PSY
Sanjay Garg, president, North Indian Textile Mills’ Association, hailed the recommendation of DGTR to levy anti-dumping duty on viscose spun yarn. Garg also urged to levy anti-dumping duty on polyester spun yarn.
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NITMA appeals 10% custom duty on manmade yarns
Sanjay Garg, President, NITMA appealed for the urgent need of raising custom duty on manmade yarns from the current 5 per cent to 10 per cent in in the ensuing Union Budget 2021 for the growth and expansion of domestic MMF Industry.
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Industry on ‘wait-n-watch’ mode
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come.
Covid-19, Textile Industry, Clothing Manufacturers Association Of India, Cotton, Yarn, Synthetic Textiles, Indian Synthetic Value Chain, Purified Tephthalic Acid, CMAI, Northern India Textile Mills Association, Sanjay Garg, Southern India Mills Association, Textiles And Clothing Industry, Cotton Textile Export Promotion Council, TEXPROCIL
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Coronavirus impact on textile industry
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come.
COVID-19, Coronavirus, Textile Industry, Coronavirus Pandemic, World Health Organization, Economic Survey, Prime Minister, Narendra Modi, Niti Aayog, Economic Advisory Council, Finance Ministry, Novel Coronavirus, GDP, Apparel Industry, Clothing Manufacturers’ Association Of India
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Industry on ‘wait-n-watch’ mode
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come.
Coronavirus Disease, COVID-19, Textile Industry, India Economic Growth, Niti Aayog, Economic Advisory Council, Finance Ministry, CMAI, CARE Ratings’ Report, GDP, Apparel Industry, Cotton Yarn, Chinese Textile, Purified Tephthalic Acid, NITMA
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