Tag: SIMA
Indian textile markets firming up: SIMA
The two historical reforms viz., demonetisation and GST, brought by the Government within a span of eight months, though had a big impact on the ... Read More
SIMA hails Budget 2018-19
P Nataraj, Chairman of the Southern India Mills’ Association (SIMA) has welcomed the increased allocation of Rs 7,148 crore that includes Rs 2,300 crore for ... Read More
Textile industry to reach $2.1 trillion by 2025: ITAMMA President
The Indian Textile Accessories and Machinery Manufacturers Association (ITAMMA), which participated at the recently-concluded Texfair 2017 in Coimbatore, talked about working towards its vision “to ... Read More
Industry upbeat
Texfair 2017 in Coimbatore ended on an optimistic note with the textile industry looking forward to a happier 2018. With more than 50,000 small, medium ... Read More
SIMA hails duty hike on imported polyester fabrics
In the GST regime, countervailing duty has been replaced with IGST and the special additional duty has been scrapped. Polyester attracted 10 per cent basic ... Read More
SIMA chief hails GST cut for MMF
The man-made fibres (MMF) and yarns were slotted under 18 per cent GST rate while the fabrics were slotted under 5 per cent GST slab ... Read More
Mills seek re-look at duty drawback rates
Indian textiles and clothing exports has been struggling during the last three years due to the absence of level playing field in the global market ... Read More