Tag: Clothing Manufacturers Association of India
CMAI Survey: India’s garment makers in a bad phase
Manufacturers in the garment industry fear the problem of dead inventory due to order cancellations and contemplate the reduction of workforce. More than 20% believe ... Read More
Garment makers want GST to be cut to 5% from 12%
The Clothing Manufacturers Association (CMAI) of India has urged the Centre to reduce GST on all readymade garments to 5 per cent from 12 per ... Read More
Home textile players upbeat in difficult market
Home textiles have been a major part of global textile trade and it comes as no surprise. The ever-improving economic status of people supported by ... Read More
Textile Industry: Locked down
Covid-19 virus that has thrown the economic activity out of gear across the world has also halted the Indian textile industry to a grinding halt. Read More
1 crore job cuts likely in textile industry: CMAI
There could be as many as one crore job cuts in the textiles sector, which has been severely hit by the ongoing lockdown, if there ... Read More
Textile industry stares at Rs 12k cr loss
While the Covid-19 pandemic has completely halted production and new orders, exporters say that payments have also been delayed for the shipments sent before the ... Read More
Apparel sector could take a hit of Rs 1 lakh cr: CMAI
The Indian apparel industry could take a hit of almost Rs 1 lakh crore due to the lockdown to contain the Covid-19 outbreak and a ... Read More