The Goods and Service Tax (GST) has helped both Centre as well as States to gather data on small manufacturers and consumption, and the entire textile chain is now brought under tax net and segment of land and real estate transactions has also been brought into tax net “works contractsâ€Â, Finance Ministry said.
Browsing: Industry Update
The promotional activities of the Odisha Government has resulted in a sharp rise in the export of handloom and textile products.
During the Techtextil USA show, which has been held in Atlanta/Georgia, USA, end of May, Loepfe experienced very strong demands for its yarn control solution WeftMaster FALCON-i.
The Washington-based National Council of Textile Organizations (NCTO) is renewing its call for Chinese textiles to be added to the Trump administration’s new tariffs roster.
According to statistics released by Vietnam Customs, trade between Eurasian Economic Union (EAEU)and Vietnam hit $3.9 billion in 2017, up 3 per cent from 2016.
Textile innovators at HeiQ, with help from researchers from Deakin University’s Institute for Frontier Materials (IFM), have developed a range of ‘No Fuzz’ treatments that reduce unsightly pilling
President Alessandro Zucchi of Acimit has reiterated the inevitability of the digitalisation process regarding the entire textile industry.