The Khadi and Village Industries Commission (KVIC) has sent a legal notice to Fab India, a chain of ethnic wear retail outlets, demanding a whopping Rs 525 crore in damages for “illegally†using its trademark “charkha†and selling apparels with the ‘khadi’ tag.
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Finance Minister Arun Jaitley proposed doubling of customs duty on silk fabrics to 20 per cent to provide adequate protection to domestic industry. According to the Budget 2018-19, customs duty on silk fabrics has been raised from 10 per cent to 20 per cent. Silk exporters, however, said the move would hit shipments of silk garments from India.
Uster Technologies, a high-technology instrument developer of products for quality measurement and certification of textiles, has announced plans for a phased evolution in key senior management positions.
Top Value Fabrics (TVF) introduces its new line of High-Definition Textiles by Georg+Otto Friedrich, engineered specifically for brilliant graphics displays.
Tamil Nadu textile industry has reacted positively to the increase in budgetary allocation to the sector at Rs 7,140 crore but insists that concerns over pending funds under various schemes and erosion of pre-GST incentives still hurt the industry.
More than 200 CXOs representing 22 leading corporate vowed to contribute towards India’s GDP target from 17.1 per cent to 25 per cent at the India’s largest automation fair RAOTM 2018 held in Gurugram.
Dow Packaging and Specialty Plastics (P&SP), has opened its Pack Studio at Mumbai innovation center. Marking the company’s eighth Pack Studios locationâ€â€and the third in Asia Pacificâ€â€Dow P&SP’s global network of studios brings together technical experts,etc.