With nearly 40 per cent of India’s textile exports headed to the US, market volatility there poses serious risks. Slowing demand and shifting trade dynamics make…
Browsing: Sanjay K Jain
Bangladesh, a major exporter of RMG, had exports worth over $50 billion, which is three times higher than India’s. During his visit to the National Institute…
India’s leading stock exchange, National Stock Exchange of India Limited (NSE) signed a Memorandum of Understanding (MoU) with Confederation of Indian Textile Industry (CITI)
The ongoing indefinite strike of transporters has cast a shadow on the $130-billion textile industry, which is facing a staggering loss of up to Rs 1,500 crore. If the strike continues, the industry will have to curtail production, and it will affect the fund flow, credibility and reputation on the export front as India is one of the largest exporters of garments and other textile products.
The Goods and Services Tax (GST) Council at its 28th meeting held under the chairmanship of Union minister for railways, coal, finance and corporate affairs Piyush Goyal has recommended for allowing refund of input tax credit (ITC) to fabrics. The refund of accumulated ITC shall be with prospective effect on purchases made after notification is issued.
Sanjay K Jain, Chairman, Confederation of Indian Textile Industry (CITI) and Managing Director of TT Ltd, has been awarded the Prestigious BW Businessworld & GOPIO Global Business Award for “Contribution to India’s International Trade by a Resident Indianâ€Â.
Make in India has been a major programme of our Prime Minister and rightfully so as we have truly lagged behind in the manufacturing sector. There have been many conferences, programme and discussions on the same ´ the press is always full of mention of Make in India. We ourselves are a manufacturer who sell domestically and also export across the globe.