MARKET & ECONOMY​

CEMATEX, the European Committee of Textile Machinery Manufacturers, announced that ITMA will return to Milan, Italy, for its 19th edition. ITMA 2023 will be held at the Fiera Milano Rho exhibition centre from 8 to 14 June 2023.

India’s biggest manufacturer of digital printing technologies, ColorJet India will be launching and showcasing live demonstrations on Reactive ink of the FABJET GRAND, a 3.2 m direct to fabric printer, which is the widest width printer, at Heimtextil, which runs from June 27-29, 2018 at Pragati Maidan in New Delhi in hall no. 11, booth no. H-300.

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 contracts”, Finance Ministry said.

The Cotton Advisory Board (CAB) has revised its cotton output estimate to 370 lakh bales (1bale= 170 kg) from the previous estimate of 377 lakh bales for cotton season 2018 beginning October 1, 2017.

The Cotton Advisory Board CAB has revised its cotton output estimate to 370 lakh bales 1bale 170 kg from the previous estimate of 377 lakh bales for cotton season 2018 beginning October 1, 2017.