Tag: man-made fibre
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
Synthesising growth
After a bumper sale in the first half of 2022-23, exports order has declined for Indian textile and apparel (T&A) makers. For example, exporters in ... Read More
Spinners bullish on growth
Post Covid, pent-up demand and increasing trade tension between China and the US (backed by other developed countries) have led to high demand for Indian ... Read More