Tag: Ravi Sam
Can Spinning Sustain Growth?
Growing demand is driving expansion in the spinning industry with about 1.5-2 lakh spindles being added every month. However, rising raw material prices are adding ... Read More
Indian textile industry welcomes trade agreement with Australia
The signing of trade agreements with the UAE and Australia will give a boost to the Indian textile industry, according to Southern India Mills’ Association ... Read More
Tamil Nadu Budget is growth-oriented one: SIMA
The Government of Tamil Nadu unveiled its budget for 2022-23 giving major thrust for welfare of the people, infrastructure development, industrial growth, skill development, education, ... Read More
Will the budget magic work?
While budget 2022 increased allocation for the textile sector by 8.1% compared to previous year, the industry's demand to remove 10% import duty on cotton ... Read More
Textile mills in South India demand removal of import duty on cotton
Textile mills have reiterated their demand to remove the import duty on cotton as prices of domestic cotton continue to increase. Coimbatore Textile mills in ... Read More
SIMA wants 5% GST across textile sector
The textile and clothing industry has sought a uniform 5% Goods and Services Tax (GST) across the textile value chain. Read More
SIMA wants 5% GST across textile sector
The textile and clothing industry has sought a uniform 5% Goods and Services Tax (GST) across the textile value chain. Read More