Tag: textile
Textile exports go up by 41% during April-December 2021
Exports in the textile and apparel industry have increased about 41% in April-December 2021 over last year, said the Union Ministry of Textiles. New Delhi ... Read More
Aditya Birla Retail, Germany’s GIZ tie-up to boost circular economy
Aditya Birla Fashion and Retail Limited (ABFRL), announced that it has collaborated with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH for implementing an India specific ... Read More
Indian textile sector sees a turnaround
Shares of textile companies bucked the weak market trend and managed to rally as improving exports of cotton and made-up apparel, along with attractive valuation ... Read More
Garment Mantra Lifestyle to create integrated textile facility in Surat
Garment Mantra Lifestyle Ltd (erstwhile Junction Fabrics & Apparels Ltd) has announced that GMLL is going to setup a new centralized integrated facility in Surat, ... Read More
Govt to Provide Duty Relief on Textiles through FTAs
Union Minister Piyush Goyal said the government is making efforts towards gaining access to new markets and getting concessional duties on textile products through free-trade agreements. New ... Read More
Tamil Nadu textiles affected by rising input costs
In the MSME sector, due to uncertainty caused by COVID and increase in raw material prices, many units have cut production and workforce reduction to ... Read More
Govt to go ahead with GST hike despite protest
Ever since the goods and services tax (GST) council has proposed to change the GST rate on textile and apparel from 5% to 12%, apparel ... Read More