Tag: textile sector
Three textile parks in AP set to launch with Rs 3.10 billion investment
Under this initiative, a grant of Rs 490.66 million has been allocated for infrastructure development projects in Andhra Pradesh for the financial year 2024-25. The ... Read More
Borzo survey: MSMEs in India’s apparel face logistics, sustainability issues
Rising competition and the fast-fashion trend are driving businesses to optimise their operations and logistics to stay ahead, informs Alina Kisina. The MSMEs in Apparel ... Read More
Maharashtra Textile Mission and MSTDC to boost India’s textile sector
These measures aim to enhance Maharashtra’s competitive position in global markets and drive long-term growth in the sector. The Government of Maharashtra has launched the ... Read More
Shrestha Kukreja: An increase in Customs duty rates on certain knitted fabrics poses a challenge
This year’s budget gives a strong push to the textile sector, with allocations rising from Rs 33.42 billion to Rs 52.52 billion, clearly reflecting the ... Read More
How can supply chain finance serve as a catalyst for growth in the textile industry
Supply Chain Finance is revolutionising the textile industry by tackling key challenges such as cash flow constraints and delayed payments,informs Munindra Verma. India’s textile industry ... Read More
Uniqlo Joins Government to Boost Cotton and Textile Sector
Uniqlo, which has achieved an impressive 30 per cent growth rate, has firmly established its presence in India, operating 15 stores and generating Rs 8.14 ... Read More
GST GoM suggests rate changes for 148 items, textile sector braces for overhaul
The proposed changes are expected to be revenue-positive and are likely to be discussed at the upcoming GST Council meeting on December 21. The GST ... Read More