The Clothing Manufacturers Association of India (CMAI)â€â€in association with Tata Consultancy Services (TCS)â€â€has developed a software for garment manufacturers to alert them about GST (Goods and Services Tax) compliance.
Browsing: Textile Industry
The possibility of attracting investments in Goa to set up technical textile production units is being explored, Union Minister for Textiles Smriti Irani said during an event in Goa.
Italy-based RadiciGroup’s reduced environmental impact product range has been featured in the new book – Neo-Materials in the Circular Economy.
A budget of Rs 1,200 crore has been allocated by the Government of Telangana for the textile sector for the year 2017-18. Around Rs 373 crore will be used for the handloom sector, while Rs 827 crore has been allocated for powerlooms and its modernisation.
Vietnam’s Ho Chi Minh city is poised to build large centres for designing fashion, trading garments, textile material and accessories to become the country’s future garment, textile material and accessory hub.
The global technical textile industry was estimated to be worth $142 billion in 2015 and is expected to reach $165 billion by 2019. The vast majority of technical textiles come from APAC, which accounts for a share of almost half of the global technical textiles market.
Assam will soon formulate a textile policy to boost the handloom and textile sector. The proposed policy will focus on integrating production and marketing of handloom and textile products, empowering weavers.