NITMA cautions that the duty will deliver a devastating blow to the predominantly MSME-based downstream industry, imperiling millions of livelihoods and stalling planned investments. The Northern…
Browsing: polyester staple fibre
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…
Spinners operating in this dynamic environment have limited control over profit margins, informs Sarathy TG. The global textile industry is witnessing a dynamic transformation fuelled by…
PSF was priced at Rs 76.82 per kg internationally in October 2024, while the domestic price stood at Rs 97.3 per kg, marking a 26.64 per…
Imposition of QCOs on polyester and viscose has led to a decline in production capacity and financial losses. Downstream synthetic textile manufacturers have urged the government…
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 in…
Sutlej Textiles and Industries Ltd – the flagship textiles company of the KK Birla Group whose roots date back to pre-Independence India – is a pioneer in superior spun yarns that have set industry benchmarks for innovation.