Tag: mmf
India spins a new chapter in textiles with duty relief and smart machines
The strategic outlook is constructive. Duty relief has lowered the cost floor. Smart machinery is raising the performance ceiling. The corridor between the two is ... Read More
CMAI supports amendments to textile PLI scheme
The Ministry has reduced the minimum investment threshold by half—from Rs 3 billion to Rs 1.50 billion in the Part-1 category and from Rs 1 ... Read More
Government extends PLI Scheme for textiles application deadline to 31 December 2025
The move comes after a large number of applications were received during the latest round that began in August 2025. The Government of India has ... Read More
NITMA seeks uniform 5% GST on polyester staple fibre and polyester spun yarn
GST rate on PSY must be reduced from 12 to 5 per cent (to align with fabric which is already taxed at 5 per cent), ... Read More
Fantail raises Rs 130.75 mn seed funding for textile manufacturing startup
Founded in 2023 by entrepreneur Ramya Iyer, Fantail aims to become the first man-made fibre (MMF) brand from Surat. Fantail, a Surat-based B2B man-made textile ... Read More
MMF: Profit Spinner
With the global textile industry increasingly embracing man-made fibres, Divya Shetty examines how India can step up its game by overcoming the hurdles. Global production ... Read More
Gujarat becomes India’s second-top textile exporter in 5 years
The state has maintained a stronghold in cotton yarn and fabric production, but it is now looking to scale up its role in the global ... Read More
