Tag: gst
Crisis in Bhiwandi powerloom sector
Bhiwandi has approximately 6.5 lakh power looms, which is 33 per cent of country’s total power looms. Out of 6.5 lakh, about 15-20,000 looms are ... Read More
SIMA hails 10-point vision for economic growth
The NDA Government brought several historical reforms during its tenure 2014-2019 especially on the tax structure making the country “One Nation One Tax One Market†... Read More
Home textiles, garment exporters in sweet spot
Certainly, in the last couple of months, there has been a slow down in fresh orders for imported machinery due to the prevailing uncertainty on ... Read More
We export to China who see us a threat
Peass Industrial Engineers, which has a rich history of 50+ years, is a leading manufacturer, supplier and exporter of textile machinery spares in India. Read More
Rs 8,450-cr sops for MSMEs
The Indian government has announced fresh incentives worth Rs 8,450 crore to boost exports and support the MSME and labour-intensive industries. The incentive came as ... Read More
RCM under GST worries cotton industry
The issue of Reverse Charge Mechanism (RCM) under GST is worrying the cotton industry, especially the ginners in India. Hence, the Cotton Association of India ... Read More
Industry upbeat
Texfair 2017 in Coimbatore ended on an optimistic note with the textile industry looking forward to a happier 2018. With more than 50,000 small, medium ... Read More