Browsing: Textile Industry

The Karnataka Silk Industries Corporation (KSIC) plans to expand operations, focussed on tackling the increasing demand for Mysore silk sarees and to make them a bit inexpensive.

The GST council has reduced the tax rate on job work on all textile-related items to five per cent from 18 per cent to ensure that the labour-intensive sector is not adversely impacted under the new tax regime.

Islamabad Chamber of Small Traders (IST) has lauded the decision of the Pakistan Government to provide Rs15 billion to the textile sector under the PM’s package.

The VDMA Textile Machinery Association has just published demanding and comprehensive programs of its B2B Forums & Conferences, which will be held in Charlotte (NC) and Mexico City in November.