Tag: man-made fibre
Textile Industry to Reach $350 bn by 2030 with Rs 900 Bn Investment, Government
Seven PM MITRA parks have been approved across the nation, with each park expected to draw an investment of Rs 100 billion. India’s textiles sector ... Read More
MATEXIL is extensively disseminating the information on Eco-friendly practices
MATEXIL, formerly known as The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC), was set up in 1954. It is one of the oldest Export ... Read More
Quality matters
At the recently held meeting of the newly constituted Textile Advisory Group for Man-Made Fibre (MMF) under the Ministry of Textiles, the industry raised the ... Read More
Industry trends for 2024
We anticipate that the Indian textiles market will exceed a valuation of $ 209 billion by 2029, says Pratik Gadia. The textile industry has been ... Read More
Government’s revised duty drawback rates applauded by apparel exporters
Cotton T-shirts now had a drawback rate of 3.1 per cent, up from the previous 2.1 per cent. Similarly, rates for man-made T-shirts increased by ... Read More
Ludhiana’s textile sector struggling with tax anomalies
The industrialists are seeking the removal of the 11 per cent import duty on raw cotton, which was introduced in October 2021. The spinning industry ... Read More
The Rs 700 bn investment bait
On March 17, 2023, the Government of India (GoI) announced the selection of Tamil Nadu, Telangana, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh and Maharashtra for ... Read More