Narain Aggarwal, Chairman of the Synthetic & Rayon Textiles Export Promotion Council (SRTEPC), in his address at the 63rd Annual General Meeting held on September 28, 2017 in Mumbai said that exports of MMF textiles during the year 2016-17 had shown a nearly 2 per cent growth in value terms and was on path of recovery.
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The Paul Schlack / Wilhelm Albrecht Prize 2017 was awarded to two employees of ITA, RWTH Aachen. Dr Gisa Wortberg, ITA, RWTH Aachen (D), etc.
Misfortunes have come in battalions for textile exporters ? firstly GST dilemma, then, hardening of rupee and now the axe on duty drawback rates. An exclusive ITJ Report throws some light on the issue.
On one hand, India is showing its presence in cotton textile products, whereas on the other hand, China has high dominance in overall textiles, recounts Avinash Mayekar.
The launch of the second generation, the IDF 2 from Truetzschler, has expanded the spectrum of applications. There is no easier way to earn money than through process reduction. Machines that are not needed require no investment and no operating costs.
The man-made fibres (MMF) and yarns were slotted under 18 per cent GST rate while the fabrics were slotted under 5 per cent GST slab with a condition that no refund of Input Tax Credit would be allowed at fabric stage.
The Paul Schlack/Wilhelm Albrecht Prize 2017 was awarded to two employees of ITA, RWTH Aachen — Dr Gisa Wortberg and Dr Andreas De Palmenaer, ITA, RWTH Aachen. More than a hundred top-class international expert lectures from academic research and industry turned this year’s Dornbirn MFC into something unique.