As part of her third stimulus package for the economy, Finance Minister Nirmala Sitharaman unveiled a set of stimulus measures to boost exports and the housing sector.
Browsing: Tirupur Exporters Association
LIVA, a leading fashion ingredient brand from the Aditya Birla Group launched a state of the art LAPF Studio in Tirupur. This is the third such Studio after NOIDA and New York. LAPF Studios act as a one-stop customer experience centre for innovation, technical, product and marketing solutions.
Tamil Nadu textile industry has reacted positively to the increase in budgetary allocation to the sector at Rs 7,140 crore but insists that concerns over pending funds under various schemes and erosion of pre-GST incentives still hurt the industry.
Knitwear and apparel exporters in Tiruppur have lauded the Indian Government for its crucial support to the garment sector by approving a new skill development scheme. The new scheme titled ‘Scheme for Capacity Building in Textile Sector (SCBTS)’ covers the entire value chain of the textile sector excluding spinning and weaving in organised sector.
The Tirupur Exporters Association (TEA) has requested Tamil Nadu Chief Minister K Palaniswami to announce new State textile policy.
Cash crunch is very much the talk of the town today! Though demonetisation is a bold decision taken by the Government, it has left a sudden jerk in the entire textile chain. Textile retailers faced the immediate impact and other intermediaries in the value chain are facing it now with a lag of a few weeks with reduced orders due to slower offtake.
Cash crunch is very much the talk of the town today! Though demonetisation is a bold decision taken by the Government, it has left a sudden jerk in the entire textile chain. Textile retailers faced the immediate impact and other intermediaries in the value chain are facing it now with a lag of a few weeks with reduced orders due to slower offtake.