MARKET & ECONOMY
The Jammu and Kashmir Government is mulling over a comprehensive package to address problems faced by the State’s carpet sector, the State Finance Minister Haseeb Drabu said. A delegation of carpet traders and manufacturers recently met him and urged for reducing the 12 per cent tax on carpets under the goods and service tax (GST) regime.
The Haryana Government said it is preparing a new textile policy for Panipat and Sirsa, which will be notified by the end of October this year. This was stated by Chief Minister Manohar Lal Khattar who was interacting with representatives of various industrial associations in Panipat.
The Jammu and Kashmir Government is mulling over a comprehensive package to address problems faced by the State’s carpet sector, the State Finance Minister Haseeb Drabu said. A delegation of carpet traders and manufacturers recently met him and urged for reducing the 12 per cent tax on carpets under the goods and service tax (GST) regime.
Viral Desai, CEO of the Surat-based Zenitex, was recently invited as a panelist at the prestigious international conference of the Society of Dyers and Colourists (SDC) held in Mumbai.
Manikam Ramaswami, 63, Chairman and Managing Director of Loyal Textile Mills, passed away recently. He is survived by his wife Valli Manikam Ramaswami and daughter Vishala Ramaswami.
Datatex announced that TAYAL, a joint venture between Algeria Public Enterprises (51 per cent) and Turkish private sector (49 per cent) is successfully leveraging the entire Datatex Industry Solution stack.
ITM 2018 exhibition has reached an occupancy rate of 90 per cent shortly after starting its sales and reservations, due to the huge demand for participation and therefore draws attention with the increase in the number of its participants and capacity utilisation.
ITM 2018 exhibition has reached an occupancy rate of 90 per cent shortly after starting its sales and reservations, due to the huge demand for participation and therefore draws attention with the increase in the number of its participants and capacity utilisation.
Following the success of branded cotton from Egypt and the US, the Government of India is considering branding of the locally produced fibre to fetch premium prices from overseas importers.