Author: Rakesh Rao

Sangam India to invest Rs 1,521 cr in Rajasthan

Rakesh Rao- January 1, 2022

The PV dyed yarn and seamless apparel producer Sangam India Ltd (SIL), through its newly formed wholly owned subsidiary Sangam Venture Limited, has signed a ... Read More

2022: Will the sun shine on Indian textile industry?

Rakesh Rao- January 1, 2022

2021 was a year of recovery for the Indian textiles industry. While the order books were getting full, escalating raw material and logistics costs were ... Read More

No GST hike on textiles

Rakesh Rao- December 31, 2021

GST Council defers tax rate hike on textiles The government was under pressure from businesses and traders from across the country and the industry was ... Read More

Tamil Nadu Govt sets SGDP target of $ 1 tn by 2030

Rakesh Rao- December 31, 2021

The Chief Minister MK Stalin-led government has rolled out an ambitious $ 1 trillion State Gross Domestic Product (SGDP) target by 2030. Tamil Nadu The ... Read More

Govt to go ahead with GST hike despite protest

Rakesh Rao- December 31, 2021

Ever since the goods and services tax (GST) council has proposed to change the GST rate on textile and apparel from 5% to 12%, apparel ... Read More

Pratibha Syntex distributes sewing machines to employees

Rakesh Rao- December 29, 2021

Yarn manufacturer Pratibha Syntex Ltd, in association with Fairtrade, distributed sewing machines and fixed deposits to its 3024 employees. The initiative supported by elite brands ... Read More

TCO 21: The next generation comber machine

Rakesh Rao- December 28, 2021

TCO 21 leverages market-proven designs and technologies from Trützschler to offer next-level performance and an expanded range of features that give its customers a decisive ... Read More