Tag: cmai
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
In the doldrums!
Indian apparel businesses could face up to 40 per cent loss of revenue and many smaller players are contemplating closure. 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
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
Industry on ‘wait-n-watch’ mode
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come. Read More
Industry on ‘wait-n-watch’ mode
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come. Read More
CMAI index on decline for 5 years
The onus for fall in the last three years could be attributed to demonetisation and the implementation of GST which have disrupted market sentiment and ... Read More