Tag: garments

End GST disparity to gain global share

admin- March 1, 2020

India’s textile exports have plateaued during the past five to seven years. The domestic textile and apparel industry, including handicrafts, stood at $140 billion in ... Read More

Govt’s decision to withdraw MEIS incentives to hit textile exporters

admin- March 1, 2020

The Government’s decision to withdraw the Merchandise Exports from India Scheme (MEIS) with retrospective effect is likely to erode profit margins of textile players. It ... Read More

Textile industry worried as Govt scraps export sops

admin- January 27, 2020

The textile industry has expressed shock and anguish over the withdrawal of four per cent incentive given under the Merchandise Export Incentive Scheme (MEIS) on ... Read More

India mulls extending RoSCTL to other textile products

admin- July 9, 2019

India is mulling over extending the Rebate of State and Central Taxes and Levies (RoSCTL) for the garments and made-ups sector to other textile products ... Read More

Improving productivity

admin- July 1, 2019

Garment Industries face many global challenges due to various factors including competition, higherproduction costs, less productivity and labour attrition. Read More

SIMA hails enhanced export benefit for garments & made-ups

admin- March 8, 2019

In the post-GST implementation period, the exports of garment and made-ups have been struggling due to inadequate export benefits and tariff barriers in the global ... Read More

Improving efficiency

admin- February 1, 2019

Textile mill electric drives help in controlling the speed of rotation of an electrical machine, helping in optimising the motion control. Therefore, assembly of an ... Read More