Category: Industry Update
M B Raghunath: Reduction in GST will make mid-market apparel more affordable
The 56th GST Council reforms bring both opportunities and challenges for the textile and apparel sector. While the increase of GST on coal from 5 ... Read More
Uster Technologies celebrates 150 years of driving quality excellence
Uster can be compared to a ‘family doctor’ with strategic advice and end-to-end solutions optimising mill performance. Uster Technologies marks 150 years of excellence – ... Read More
VTM unveils strategy to tackle new US tariffs
Focus on diversification, premiumisation, and financial discipline to sustain growth. VTM, a leading Indian home-textile manufacturer with a significant export presence in the United States, ... Read More
Government reopens PLI scheme application window for textiles
Fresh chance for investors as scheme attracts strong industry response. The Government has extended the application window for the Production Linked Incentive (PLI) Scheme for ... Read More
US Tariff: India’s Textile Test
India’s textile and apparel (T&A) industry, one of the country’s largest employment generators, has faced a severe blow with the United States doubling tariffs on ... Read More
CMAI seeks uniform 5% GST to strengthen domestic textile industry
CMAI has been continuously advocating a single and uniform rate of GST for all sectors of the textile Industry, at the lowest slab which is ... Read More
India-USA textiles trade: What’s next?
While there will be short term pain for textile manufacturers in India and the increase in price for US consumers, early outcome based on renewed ... Read More
