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 billion…
Browsing: mmf
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 extended…
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), and…
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 company…
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 of…
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 textile…
In addition to the PLI scheme, the Ministry of Textiles has introduced several initiatives to support and promote traditional handloom textiles nationwide, including in Odisha. The…