The government encourages exports by refunding various taxes and levies so as to make all the exporting commodities remain competitive in the globalised environment.

The Government’s decision to withdraw the Merchandise Exports from India Scheme (MEIS) with retrospective effect is likely to erode profit margins of textile players. It will also impact exports and fresh investment in the sector.

To attract higher foreign investment in the textile sector, India has planned a complete overhaul of a scheme to create world-class infrastructure facilities for setting up textile units.

Stäubli’s Safir range of drawing-in machines delivers maximum benefits to home textiles customers.

To attract higher foreign investment in the textile sector, India has planned a complete overhaul of a scheme to create world-class infrastructure facilities for setting up textile units.

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.

The Active Warp Control (AWC) feature in the machine provides 100 per cent controlled management of warp threads for perfectly drawn-in weaving harnesses.

The fashion industry can unlock some €110 billion ($123 billion) in value by addressing key environmental issues related to water, energy, chemicals and waste

With the motto ‘Prosperity Through Technology’, ITME AFRICA 2020 the first of its kind business and technology event shall be hosted in Addis Ababa, Ethiopia from 14th to 16th February 2020.