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.

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 location—and the third in Asia Pacific—Dow P&SP’s global network of studios brings together technical experts,etc.

Arvind Ltd’s consolidated revenue for Q3 grew 16 per cent at Rs 2,706 crore over the corresponding quarter of the previous year.

Finance Minister Arun Jaitley in the Union Budget 2018-19 raised special package by 19 per cent to Rs 71.48 billion for apparel sector to boost exports. In 2016, the government had announced a special package of Rs 60 billion for the same purpose.

Union Minister Suresh Prabhu unveiled the Central government’s Rs 2,600 crore package for the leather and footwear industry, saying it had the potential of generating over three lakh jobs and formalising another two lakh in the next three years.

The Synthetic & Rayon Textile Export Promotion Council (SRTEPC), one of the oldest export promotion councils in India, has conferred Reliance Industries (RIL) with a series of awards for its exceptional performance in exports of fibres and yarns. RIL’s president, polyester chain, has also been recognised for his contribution in the textiles industry.

HeiQ, a leader in textile innovation making effective, durable, and high-performance textile effects in the market, is displaying its HeiQ Fresh FFL (Fresh For Long), a 100 per cent bio-based odour control technology for the sportswear and intimate segment,etc.