P Nataraj, Managing Director of KPR Group, who has now been elected as the new Chairman of The Southern India Mills’ Association (SIMA), highly appreciated the bold and proactive initiatives taken by the Prime Minister, Narendra Modi and Union Textile Minister, Smriti Irani.
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The Southern India Mills Association (SIMA) has elected P Nataraj, Managing Director, K P R Mill Limited, Coimbatore as the Chairman for the year 2017-18. He was unanimously elected as the chairman in the 58th AGM.
M Senthilkumar, Chairman, The Southern India Mills’ Association (SIMA) has welcomed GST era for the textile industry and highly appreciated the NDA Government especially the Union Textile Minister, Smriti Irani
M Senthilkumar, Chairman, The Southern India Mills’ Association (SIMA) has highly appreciated and thanked the concerted and constant efforts made by Union Textile Minister, Smriti Zubin Irani for fully understanding the needs of the industry and persuading the Finance Minister and Prime Minister to classify the entire cotton textile value chain under 5 per cent GST rate.
The Southern India Mills Association (SIMA) has urged Edapadi Palaniswami, the Chief minister of Tamil Nadu to remove 1 per cent Agricultural Market Committee Cess on cotton and cotton waste for the state budget of 2017-18.
The Union Textile Ministry has announced unique terms and conditions for procuring fully pressed cotton bales from Cotton Corporation of India (CCI) for the benefit of MSME textile units.
The Union Cabinet Chaired by the Prime Minister approved certain reforms to boost employment generation and exports in the made-ups sector that has been facing challenges in the international market due to high costs of production, non-refund of State levies, high tariff barrier when compared to the competing nations such as Pakistan, Vietnam, etc.