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A shot in the arm
With the unveiling of 207 HSN Codes for the technical textile industry in India, the Government has convincingly conveyed its seriousness to promote this industry in a big way.
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.
ITMF 2016 to be held in Nov
The International Textile Manufacturers Federation (ITMF) 2016 will be held between November 17-19, 2016 at Jaipur. Hosted by the Confederation of Indian Textile Industry (CITI), the three-day conference expects a mammoth gathering of more than 400 delegates including textile industry leaders, senior government officials and experts from across the world. The conference will offer a chance for textile manufacturers to interact with global leaders in the industry, experience new innovations in the industry and learn changing policies in global trade.
The cotton shake-up
Cotton was the first fibre for mankind. Its history is replete with controversies.
Samuel Joseph attempts to delve into some of the recent contentious issues that have blurred the white gold´s image.
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