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Entire textile chain under tax net now
June 2018
The Goods and Service Tax (GST) has helped both Centre as well as States to gather data on small manufacturers and consumption, and the entire textile chain is now brought under tax net and segment of land and real estate transactions has also been brought into tax net “works contracts”, Finance Ministry said.
Odisha makes strides in textile export
June 2018
The promotional activities of the Odisha Government has resulted in a sharp rise in the export of handloom and textile products.
Strong demand for WeftMaster FALCON-I in US
June 2018
During the Techtextil USA show, which has been held in Atlanta/Georgia, USA, end of May, Loepfe experienced very strong demands for its yarn control solution WeftMaster FALCON-i.
Call to add Chinese textiles to US tariff roster
June 2018
The Washington-based National Council of Textile Organizations (NCTO) is renewing its call for Chinese textiles to be added to the Trump administration’s new tariffs roster.
Cotton price to rise 8-10%?
June 2018
The Cotton Advisory Board (CAB) has revised its cotton output estimate to 370 lakh bales (1bale= 170 kg) from the previous estimate of 377 lakh bales for cotton season 2018 beginning October 1, 2017.
EAEU-Vietnam FTA yields positive results
June 2018
According to statistics released by Vietnam Customs, trade between Eurasian Economic Union (EAEU)and Vietnam hit $3.9 billion in 2017, up 3 per cent from 2016.
Say ‘No’ to fabric pilling with new treatment
June 2018
Textile innovators at HeiQ, with help from researchers from Deakin University's Institute for Frontier Materials (IFM), have developed a range of ‘No Fuzz’ treatments that reduce unsightly pilling
Digitalisation is the only answer to fast-fashion
June 2018
President Alessandro Zucchi of Acimit has reiterated the inevitability of the digitalisation process regarding the entire textile industry.
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