Category: Industry Update
GST GoM suggests rate changes for 148 items, textile sector braces for overhaul
The proposed changes are expected to be revenue-positive and are likely to be discussed at the upcoming GST Council meeting on December 21. The GST ... Read More
India’s textile industry aims for $100 billion export target by 2030
The past decade saw stagnation due to challenges such as the expiration of the EU trade treaty, disruptions caused by the COVID-19 pandemic, and high ... Read More
Tiruppur’s textile industry booms with US & UK Orders amid Bangladesh instability
In FY24, Tiruppur generated a revenue of Rs 350 billion, which is expected to rise to Rs 400 billion in FY25. Tirupur, India’s textile hub, ... Read More
AP Textile Policy targets Rs 100 billion investment
During the meeting, the Chief Minister emphasised that the new policy should be more effective than the previous 2018-2023 policy. The Andhra Pradesh government is ... Read More
Weaving sustainable growth?
India's apparel exports registered a significant growth of 35.06 per cent in October 2024 at $ 1,227.44 million compared to same month last year despite ... Read More
Textile parks to be established in Anantapur & Kurnool Districts
Additionally, tools for weavers would be provided at a 90 per cent subsidy. She explained that, in 2015, the then TDP government had allocated 90 ... Read More
Starlinger acquires woven packaging division from Windmöller & Hölscher
With this acquisition, Starlinger further strengthens its position as world-leading supplier of machinery for woven plastic packaging. Starlinger & Co Gesellschaft m.b.H. takes over the ... Read More