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Tax refunds to boost textile exports
April 2019
The textile industry expects exports to increase with the government extending refund of State and Central taxes on shipments of apparels and made-up goods.
Cotton exports grow 26% in April-Sept 2018
December 2018
India held a special place in global textile trade as the second largest textile exporter in the world. Today, cotton yarn and fabric exports account for over 23 per cent of India’s total textiles and apparel exports.
Good in part!
March 2018
The Budget 2018-19 is good in part for the textile industry thanks to corporate tax cut for MSMEs and higher allocation of ATUFS. The ITJ Cover Story takes stock of the Budget implications and the industry’s reactions.
Exports Face a Drawback!
November 2017
Misfortunes have come in battalions for textile exporters – firstly GST dilemma, then, hardening of rupee and now the axe on duty drawback rates. An exclusive ITJ Report throws some light on the issue.
Demonetisation hurts apparel sales
January 2017
Thanks to the demonetisation, the Indian textile and apparel industry has lost 30-40 per cent of business. Apparel sale in domestic markets had stopped in the initial days and recovered gradually. Consumers continue to face liquidity tightness, resulting in deferring of purchase.
New range of affordable bed linen from Indo Count
July 2016
Indo Count Industries Limited (ICIL), one of the leading players in the home textiles industry introduced a range of high quality affordable bed linen for the Indian consumer recently at HGH India held at the Bombay Convention and Exhibition Centre. Since its inception in 1988, Indo Count specialises in providing end-to-end bedding products that solely focus on creating all-encompassing sleep experiences.
Cotton industry deserves higher incentives: Texprocil
August 2014
Cotton yarn exports touched $4.5 billion, and cotton fabric $2.13 billion during 2013-14. Cotton home textiles achieved exports of $4.79 billion, according to TEXPROCIL (Cotton Textiles Export Promotion Council.)
No drop in yarn export: Texprocil chief
June 2014
During the 10 month period of April 13 -- Jan 14, India exported 1,082 million kg of cotton yarn worth US$ 3.75 billion.
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