Nataraj is a member of the Committee of Confederation of Indian Textile Industry (CITI) and also Vice-President of Indian Cotton Federation.
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The 59th Annual General Meeting of The Southern India Mills’ Association (SIMA) was held on September 7, 2018 at The Residency Towers, Coimbatore.
P Nataraj, Chairman, The Southern India Mills’ Association (SIMA) has thanked the Ministry of Shipping and Ministry of Textiles for considering the long pending demand and relaxing the cabotage rule for cotton transport.
P Nataraj, Chairman, The Southern India Mills’ Association (SIMA) has thanked the Ministry of Shipping and Ministry of Textiles for considering the long pending demand and relaxing the cabotage rule for cotton transport.
The two historical reforms viz., demonetisation and GST, brought by the Government within a span of eight months, though had a big impact on the performance of the textile manufacturing sectors especially the garment exports,etc.
P Nataraj, Chairman of the Southern India Mills’ Association (SIMA) has welcomed the increased allocation of Rs 7,148 crore that includes Rs 2,300 crore for Amended Technology Upgradation Fund (TUF) scheme and the balance for other schemes as against Rs 6,251 crore allocated during last year.
The Government has increased the Merchandise Export from India Scheme (MEIS) from 2 per cent to 4 per cent for all garments and made-ups and also increased the upper limit of Remission of State Levies (RoSL) for the exports of cotton garments from 1.22 to 1.7 per cent and cotton made-ups from 1.55 per cent to 2.20 per cent.