Tag: MSME
Prime Minister Narendra Modi visits Brands of India Pavilion at Bharat Tex 2025
Modi interacted with participants and sets a three-fold increase in target for textile and apparel sector by 2030. Prime Minister Narendra Modi and Giriraj Singh, ... Read More
Borzo survey: MSMEs in India’s apparel face logistics, sustainability issues
Rising competition and the fast-fashion trend are driving businesses to optimise their operations and logistics to stay ahead, informs Alina Kisina. The MSMEs in Apparel ... Read More
Akhil Jain: An increase in Customs duty rates on certain knitted fabrics poses a challenge Â
India’s retail apparel and fashion industry was looking forward to the Union Budget with a lot of anticipation and optimism. The Budget aims to accelerate ... Read More
Budget 2025: Key takeaways for India’s textile industry
To protect domestic manufacturers, the customs duty on knitted fabrics has been revised to 20 per cent or Rs 115 per kilogram, whichever is higher. ... Read More
Economic Survey 2024-25 highlights balanced growth prospects for India
While the Survey acknowledges potential headwinds such as geopolitical uncertainties, trade disruptions, and possible commodity price shocks, it also highlights several domestic growth drivers. Nirmala ... Read More
Garment Trade Associations across India urge GoM to drop the proposed GST rate changes
The main aim of the meeting was to foster a united, collective approach to secure long-term growth. In a unique initiative towards strengthening the domestic ... Read More
Apparel exporters urge tax incentives in budget to boost exports
The AEPC also called for an interest equalisation rate of 5 per cent to be announced in the upcoming budget, which will be presented by ... Read More