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CITI tells govt to be cautious with RCEP talks
The Confederation of Indian Textile Industry (CITI) has cautioned the government to tread carefully while negotiating for the proposed Regional Comprehensive Economic Partnership (RCEP) trade agreement and not to cede space to China in the global textiles and clothing (T&C) sector.
Robotics use focus of TAI Textile 4.0 meet
Like the first edition, the second edition of international conference organised by the Textile Association of India (TAI), Mumbai unit too received an overwhelming response from Indian textile and garment industry.
NSE & CITI sign MoU
India’s leading stock exchange, National Stock Exchange of India Limited (NSE) signed a Memorandum of Understanding (MoU) with Confederation of Indian Textile Industry (CITI)
Designed For Gains
Dollar has been hardening, making Indian textile and clothing exporters happy. With negligible import content for the domestic industry, and the Government’s bid to curb cheaper import, good times are ahead, reveals the ITJ Cover Story.
Textile exports likely to miss $45bn target
Textile exports are likely to miss the $45 billion target for 2017-18, as the industry reels under the impact of GST roll out and tariff advantages enjoyed by competitors like Bangladesh and Vietnam, according to textile industry body CITI.
CITI chief hails reforms in GST laws
Sanjay K Jain, Chairman, CITI has applauded the Finance Minister and GST Council for bringing in number of reforms in GST law for promoting ease of doing business especially among small businesses
GST reform a major step forward: CITI
The politics of Goods and Services Tax (GST) Bill may take some more time to sort out, but its basic impact on various industries can be analysed beforehand. GST and its impact on the textile sector was the hot topic of discussion at the recently-concluded 58th Annual General Meeting of Confederation of Indian Textile Industry (CITI), held at Hotel ITC Maratha, Mumbai on September 28, 2016. Speaking on GST were: Sachin Menon and Santosh Dalvi from KPMG, and Sanjeev Saraf and Dilip Dixit from BSR & Associates.
Smriti Irani is the new Textiles Minister
The announcement of portfolios for Prime Minister Narendra Modi’s new-look Cabinet saw some big portfolio changes among the existing ministers. In one such change, Smriti Irani will now take charge as Textiles Minister. She has taken over from Santosh Kumar Gangwar, who has now been given the Finance department. Ajay Tamta will also be given an active role in the Textiles Department. Irani was earlier the Minister of Human Resource Development. She joined the Bharatiya Janata Party in 2003. She became Vice President of the Maharashtra Youth Wing in 2004.
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