Tag: Southern India Mills' Association
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
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
Exports Face a Drawback!
Misfortunes have come in battalions for textile exporters ? firstly GST dilemma, then, hardening of rupee and now the axe on duty drawback rates. An ... 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
SIMA Texpin to focus on future of textile industry
The 11th edition of the Textile Pinnacle (Texpin) by the Southern India Mills' Association (SIMA) will focus on ‘Textile Industry-Towards 2020’. Read More
Cotton buying norms eased for MSME
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 ... Read More