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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.
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.
Innovation & sustainability, key focus at WHAT’S NEW IN COTTON™ event
March 2020
Sustainability and innovation were the focus at Cotton Council International’s (CCI) WHAT’S NEW IN COTTON™ booth in Hall 6, C53 at Première Vision in Paris, France, on February 11-13.
Recent developments in textile finishing
March 2020
The finishing industry today demands machinery, which meets ecological requirements at the same time as enabling mills to operate profitably.
Rieter bags new orders in Egypt
March 2020
The total volume of the contracts sums up to around 210 million Swiss Francs, including the contracts which had been signed at ITMA 2019 in Barcelona and which represent a volume of around 180 million Swiss Francs.
New textile policy will address all issues: Textile Secretary
March 2020
The Central government would address all issues in its new National Textile Policy, which is likely to be announced in a couple of months, Union Textile Secretary Ravi Capoor has said.
WPI inflation for apparel dips 0.8% in January 2020
March 2020
India’s annual rate of inflation, based on monthly wholesale price index (WPI), for January 2020, stood at 3.1 per cent over January 2019.
Jute reinforced PLA bio-composite for production of ceiling fan blades
March 2020
In this project work, jute fabric is used as reinforcement and PLA (poly lactic acid) film is the matrix by which composites are made by stacking of number of fabric layers in between the PLA films.
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