To create an innovation culture in the Indian textiles and clothing industry, the Confederation of Indian Textile Industry (CITI) has launched InnoTex 2018.
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Rajesh Nath, Managing Director, VDMA India, speaks on the areas and segments in textiles in which German technology has proved its mighty influence in India.
Textile exports are likely to miss the $45 billion target for 2017-18, as the industry reels under the impact of GST roll out and tariff advantages enjoyed by competitors like Bangladesh and Vietnam, according to textile industry body CITI.
Sanjay K Jain, Chairman, CITI has applauded the Finance Minister and GST Council for bringing in number of reforms in GST law for promoting ease of doing business especially among small businesses
The Confederation of Indian Textile Industry (CITI) has elected the following new office-bearers at its First Meeting of the Committee held in Mumbai on September 20, 2017: Sanjay K Jain as Chairman; T Rajkumar as Deputy Chairman; and DL Sharma as Vice Chairman.
The politics of Goods and Services Tax (GST) Bill may take some more time to sort out, but its basic impact on various industries can be analysed beforehand. GST and its impact on the textile sector was the hot topic of discussion at the recently-concluded 58th Annual General Meeting of Confederation of Indian Textile Industry (CITI), held at Hotel ITC Maratha, Mumbai on September 28, 2016. Speaking on GST were: Sachin Menon and Santosh Dalvi from KPMG, and Sanjeev Saraf and Dilip Dixit from BSR & Associates.
S anjay K Jain, Managing Director, TT Limited, was elected as President of Northern India Textile Mills’ Association (NITMA), the apex body of textile industry in North India. NITMA elected its new leadership team in its AGM held on July 15, 2016 at New Delhi. Rajiv Garg, MD of Garg Acrylics was elected as Sr VP and Manish Bagrodia was elected as Vice President. Hardyal Singh Cheema, the outgoing president, handed over the baton to the new team.