Tag: Budget 2022

Will the budget magic work?

- March 1, 2022 9:40 am

While budget 2022 increased allocation for the textile sector by 8.1% compared to previous year, the industry's demand to remove 10% import duty on cotton ... Read More

Will Ukraine-Russia conflict be a spoiler?

- March 1, 2022 5:51 am

India’s exports of textiles and garments recover quickly this fiscal from the lows of the pandemic-hit FY21 as shipments continue to be strong due to ... Read More

Mixed reaction about budget by Coimbatore textile mills

- February 4, 2022 12:35 pm

With no specific announcement in the Union Budget that will directly benefit the textile and clothing sector, the industry associations said that, there should be ... Read More

Budget 2022 – Govt rejigs customs duties to promote exports

- February 2, 2022 5:42 am

It aims to simplify customs rate and tariff structure particularly in sectors such as chemicals, textiles and metals, etc. Govt announces additional credit of Rs ... Read More