Better Cotton Initiative (BCI) has announced the joining of the United Nations Framework Convention on Climate Change (UNFCCC) Fashion for Global Climate Action initiative as a signatory to the Fashion Industry Charter for Climate Action.

Shima Seiki has launched a new portal site – Shima Online, which introduces its various web-based services.

Grasim Industries bagged the Dun & Bradstreet Corporate Award 2019 for its stellar performance in the textile sector.

GHCL Limited has been certified as one of the best workplaces by the Great Place to Work Institute and has been ranked among the top 100 workplaces in India for the third consecutive year.

India is mulling over extending the Rebate of State and Central Taxes and Levies (RoSCTL) for the garments and made-ups sector to other textile products because of the urgency to do away with the merchandise export incentive scheme (MEIS).

Chairman of the Southern India Mills’ Association (SIMA), P Nataraj Coimbatore, has welcomed the Union Budget 2019-20 that has laid ambitious targets to address various important issues relating to connectivity, power, skill development, etc.

Giving a major boost to the farmers’ income, the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved the increase in the Minimum Support Prices (MSPs) for all kharif crops, including cotton, for 2019-20 season.

The NDA Government brought several historical reforms during its tenure 2014-2019 especially on the tax structure making the country “One Nation One Tax One Market” by implementing the GST successfully.

According to statistics from Taiwan Association of Machinery Industry (TAMI), the export value of textile machinery from January to December 2018 was $1.02 billion, which was up nearly 1 per cent from last year.