Elevated freight costs due to peak season shipments and the on-going Red Sea issue are expected to decrease in the coming months, potentially improving margins for…
According to the proposal, textiles priced between Rs 1,500 and Rs 10,000 would be taxed at 18 per cent, while textiles exceeding Rs 10,000 would fall…
The proposed GST rate hike risks severely disrupting the formal retail sector by driving both consumers and businesses toward informal channels. The Group of Ministers (GoM)…
The Ministry has set a target of $350 billion by 2030, with the textile industry’s total market size estimated at around $165 billion. Pabitra Margherita, Minister…
UK is a global fashion hub and the sixth-largest importer of apparel, with total imports valued at $20.27 billion in 2023. The Apparel Export Promotion Council…
The proposed changes are expected to be revenue-positive and are likely to be discussed at the upcoming GST Council meeting on December 21. The GST Group…
The Conference received overwhelming response with 350 delegates in attendance. The Textile Association (India), Mumbai Unit organised an International Conference on “Automation and Robotics in Textile…