FICCI welcomes the increase in basic custom duty on several textile items. The move is very much in the direction to encourage domestic manufacturing.
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Fulgar Lanka, founded in 2003 by Fulgar, is providing a benchmark for textile excellence at the Asian market. The company specialises in the production of textured…
Andhra Pradesh has recently held a cabinet meeting to approve several policies and took decisions on projects on employment generation and agrarian crisis. The State Mega Seed Park Policy 2018
Thai Acrylic Fibre (TAF), a leading manufacturer of acrylic fibres and owner of the Birlacril brand, has launched a unique solution to the challenges of strict environmental laws imposed on the textile industry with its Radianza acrylic fibre.
The METRO stands apart in terms of; maximum printing speed of up to 200 sqm per hour; linear motor technology for fast and precise ink jetting; and lastly water efficient cleaning of sticky belt.
The government is likely to hike import duty on about 300 textile products to boost domestic manufacturing and create employment opportunities. Foreign direct investment norms for the sector may also be relaxed.
The Amended Textile Upgradation Fund Scheme (ATUFS) would give a boost to “Make in India†and “Zero Effect and Zero Defect†in manufacturing in the textiles sector