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GST Council to reduce taxes on Indian apparel industry
The Apparel Export Promotion Council (AEPC) said that the GST Council’s decision to correct inverted duty structure on textiles from January 1, 2022 will lessen the tax burden on manmade fibre (MMF) fabrics and garments.
Bangladesh mills demand withdrawal of VAT & duty on MMF
In order to meet the demand of the non-cotton fashion industry, the textile millers in Bangladesh have demanded a withdrawal of value added tax (VAT) and import duty on all kinds of manmade fibres (MMF).
PLI scheme: A step in right direction
In September 2020, Textile Secretary Ravi Capoor informed investors that the Government of India was planning to bring a “focussed product scheme” to incentivise production of synthetic fibre-based apparel and technical textiles.
Enjoy time travel from the home office
Oerlikon develops modern materials, systems and surface technologies and provides specialised services aimed at securing high-performance products and systems with long lifespans for customers
ecuTEC+ improves filter performance significantly
The patented Oerlikon Nonwoven solution is characterised by its exceptional flexibility: ecuTEC+ stands out above all as a result of its diverse applications, which can be electro-charged. Nonwovens manufacturers can freely choose between numerous variation options and set the optimal charging method and intensity for their specific filter applications.
Let Us Not Miss the Bus
Talks of bad times are spreading fast, sometime even on a global scale. No country is spared. But time and again global economy has come out of the blues, and some countries’ fortunes have even brightened up. Why not India’s, this time? One of the opportunities for the textile industry is the technical textiles.
Clean Technology, Smart Factory
Oerlikon invites all visitors to this year’s ITMA on a journey into the future of manmade fibre production.The world market leader will show all its guests its vision of a sustainable and automated manmade fibre production in a virtual 4D showroom:
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