Tag: minimum import price

Government may extend minimum import price for textile products

admin- November 19, 2024

The textiles ministry is currently evaluating six key products, including viscose rayon yarn and woven polyester fabric, with China identified as a significant source of ... Read More

NITMA applauds the Imposition of MIP on 13 HS codes of synthetic knitted fabrics

admin- October 1, 2024

Earlier this month, A joint delegation, led by Sanjay Garg, President, NITMA, held a very productive meeting exclusively for the imposition / extension of MIP ... Read More

Policy countermeasures offer respite to poly yarn makers this fiscal

admin- August 5, 2024

Recovery in profitability amid curbs on cheaper imports and modest capex support credit profiles. After two years of subdued performance, India’s polyester yarn manufacturers will ... Read More

Textile sector embraces minimum fabric import price

admin- March 18, 2024

The government has enforced an MIP of Rs 290.11 per kilogram on five specific synthetic fabrics. Just before the model code of conduct was set ... Read More