South India’s textile and cloth exporters are fearful that the financial disaster in Sri Lanka could result in a delay in funds from consumers within the island nation.
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The textile and clothing industry has sought a uniform 5% Goods and Services Tax (GST) across the textile value chain.
The Government of India has notified the Rs 106.83 billion Production Linked Incentive (PLI) scheme for textiles that covers 10 technical textile products, 14 manmade fibre (MMF) products and 40 MMF apparel.
Zalando, Europe’s leading online platform for fashion and lifestyle, invested in the circular fashion and textile technology group Infinited Fiber Company (IFC).
Garments manufacturers in Bangladesh have breathed a sigh of relief as yarn prices started easing after rising to a high level.
With a vision to be a fully integrated and globally competitive textile manufacturer, SVP Global Ventures Ltd, India’s largest compact cotton yarn manufacturer, is foraying into technical textiles.
The textile and clothing industry has sought a uniform 5% Goods and Services Tax (GST) across the textile value chain.