MARKET & ECONOMY
On behalf of the Clothing Manufacturers Association of India, representing over 2,000 manufacturers and 15,000 retailers, I would like to congratulate the Finance Minister for his balanced, growth oriented, and manufacturing friendly budget presented.
CEMATEX, the European Committee of Textile Machinery Manufacturers, has launched an award programme as part of its ongoing efforts to encourage and recognise
Cotton yarn exports touched $4.5 billion, and cotton fabric $2.13 billion during 2013-14. Cotton home textiles achieved exports of $4.79 billion, according to TEXPROCIL (Cotton Textiles Export Promotion Council.)
The budget has a progressive tone. The impetus on boosting manufacturing, infrastructure, inland fisheries and agriculture sectors
We strongly welcome the strong thrust on logistical infrastructure, a commitment to implement GST by end of this year, and trade facilitation. This specific deadline on GST implementation will positively impact investor confidence in the logistics sector.
The budget has a progressive tone. The impetus on boosting manufacturing, infrastructure, inland fisheries and agriculture sectors bode well as this would aid in boosting the economy as a whole.
Cotton yarn exports touched $4.5 billion, and cotton fabric $2.13 billion during 2013-14. Cotton home textiles achieved exports of $4.79 billion, according to TEXPROCIL.
The US Federal Trade Commission (FTC) has recently approved its final changes to the wool products labelling rules, which now incorporate the Wool Act´s new definitions for cashmere and fine wools
Smart city lies at the heart of the Union Budget of the new government. The allocations and the measures announced now gives shape to the Narendra Modi´s initial idea of 100 smart cities.