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Cotton market to witness pressure
Cotton market will show signs of pressure, for at least a short timeframe. Looks like, there is going to be lot of cotton world over. Addressing the 95th Annual General Meeting of Mumbai-based Cotton Association of India, Nayan Mirani stated recently, “cotton prices are likely to witness a depressing trend.”
Apparel exports continue to remain volatile: ICRA
India’s apparel exports continue to remain volatile and unencouraging with the global apparel trade not showing any signs of uptick amid subdued demand trends in the key importing countries.
Sales dip at Khadi Gram Udyog stores in Goa
Confusion following the nationwide implementation of GST seems to have impacted sales at the Central Government-run Khadi Gram Udyog outlets in Goa. Until now, all items sold at such outlets were exempted from taxation.
Exporters WALKING a tightrope!
India’s textile exporters are finding their competitive edge getting blunt and profit margin thinner, thanks to a weak dollar, demonetisation after-effect and stiff competition from new textile nations. An Exclusive ITJ Report.
GST Regime begins...It's time to invest!
GST… GST… GST…
Anywhere and everywhere and in each corner of textile industry, right from mills, textile traders to textile suppliers “GST” is the talk of the hour. Recently it is the only buzz that has been heard in the Indian manufacturing sector across all sectors. There are reports and synopsis presented on GST.
Good days ahead for cotton industry: SIMA
M Senthilkumar, Chairman, The Southern India Mills’ Association (SIMA) has welcomed GST era for the textile industry and highly appreciated the NDA Government especially the Union Textile Minister, Smriti Irani
GST Plus Outweighs Minus!
The long-awaited GST rates have sparked off many a smile and a few wails in the textile industry! While the majority of textile industry, particularly the garment industry, has gone gung ho over the new rates of GST, synthetic textile segment has been crying hoarse, legitimately over the 18 per cent rate.
Textile traders on 3-day bandh over GST
The textile trading community has decided to call for a major shutdown of business, to oppose the imposition of goods and services tax (GST) from July 1.
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