Category: Industry Update
NITMA hails cotton duty relief and seeks GST rationalisation in MMF
The exemption covers 5 per cent customs duty, 5 per cent Agriculture Infrastructure and Development Cess (AIDC), and 1 per cent additional cess, offering much-needed ... Read More
Stalin urges Centre’s intervention to shield Tamil Nadu textiles from US tariff hike
Stalin cautioned that the tariff shock would not only hit textiles but also other labour-intensive industries such as apparel, leather, automotive components, machinery, gems and ... Read More
Madhya Pradesh Signs MoU with BSL to Boost Textile Sector Growth
As part of the agreement, a joint action plan will be developed focusing on sourcing, production, logistics, design, and skill development. The Government of Madhya ... Read More
Rahul Mehta:I urge the government to shift the entire textile value chain under the 5% GST slab
Based on media reports, we understand that the objective of the GST reforms is to reduce the number of slabs, thereby bringing ease in operating ... Read More
Dollar Industries Delivers Strong Q1 FY26 Performance
In Q1 FY26, Dollar Industries Limited reported a Total Income of Rs 39,979 lacs, reflecting a 19.5 per cent year-on-year (YoY) growth from Rs 33,443 ... Read More
Techtextil India partners strategically to launch ‘ReCycle Zone’
The ReCycle Zone will serve as a vital platform for stakeholders working to transform textile and plastic waste into value-added materials. In a major push ... Read More
Karl Mayer Emerges Stronger with a Renewed Market Positioning
Karl Mayer Technical Textiles on course for success with a new Managing Director and a new organisation. Hagen Lotzmann is the new Managing Director of ... Read More