The Gujarat Government said that it is extending its textile policy for one more year. The five-year term of the policy was to expire on September 4. But, now it shall remain under implementation till September 3, 2018. The industries and mining department issued the government resolution. Chief Minister Vijay Rupani approved the extension of the policy for one year.
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All eyes were on Texas recently, when hurricane Harvey hit South East Texas. Major industrial sectors in Texas such as cotton, oil refinery and transportation have been hard hit by the natural disaster.
Aurajet helps in ensuring that the machine runs for years and years, while achieving maximum speed of 34 sq m, thereby providing huge production runs.
EATIT bought 52 DORNIER looms to produce woven fabric made of polyamide and cotton for the domestic market. The Algerian EPE-EATIT-SPA group, with a history dating back to the year 1984 and many re-organisations, etc.
Raw jute has been kept at NIL rate of GST i.e. there would be no tax on raw jute. Jute mills are not required to pay tax under Reverse Charge Mechanism (RCM) as mentioned under section 9(4) of the CGST Act, 2017.
Cotton sowing has reached a record high of about 120 lakh hectares in the country during the ongoing kharif season on the back of good rainfall in key growing regions.
In 2017-18, world cotton production is projected to increase by 8 per cent to 24.9 million tonne while the global cotton consumption is forecast to rise by 2 per cent to 25 million tonne.