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Industry on ‘wait-n-watch’ mode
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come.
CCI launches HIRA – SIMA hails
Ashwin Chadran of SIMA has stated that the Ministry is also planning to launch a scheme “Nirmal Cotton Mission” with CCI as a nodal agent that would go a long way to make Indian cotton to become the best quality cotton in the world.
Budget 2020 FOCUS ON GROWTH!
Textile industry has something to cherish in the Budget with the abolition of ADD on PTA imports, prioritisation of technical textiles sector, review of rules of origin in FTAs to curb imports from Bangladesh, and RoDTEP, NIRVIK and other measures taken.
SIMA hails marginal increase in duty drawback rates
Ashwin Chandran, Chairman, The Southern India Mills’ Association (SIMA) has thanked the Duty Drawback Committee and the Government for considering the inputs given by the textiles and clothing industry and enhancing the rates marginally across the value chain.
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