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Rising cotton price to hit margins of textile firms
May 2019
Rising cotton prices are set to hit profit margins of textile and apparel players due to their inability to pass on the high production cost on to consumers as seasonal demand is weak.
Textiles Minister launches Indian Size Project
February 2019
Hon'ble Minister of Textiles, Smriti Zubin Irani launched the Indian Size Project in collaboration with CMAI recently at a function held in Mumbai
CMAI hails clarification to e-commerce policy
February 2019
The Clothing Manufacturers Association of India (CMA) has thanked the Government, especially PMO, Commerce and Textiles Ministry for implementing this much-awaited Policy, which will bring level players for all domestic retailers.
Designed For Gains
October 2018
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.
Rahul Mehta re-elected as CMAI President
September 2018
At the 55th Annual General Meeting of The Clothing Manufacturers Association of India (CMAI), which was held very recently in Mumbai, Rahul Mehta was reelected as President
Wide variety of yarns on display at Yarn Expo 2018
August 2018
The Southern Gujarat Chambers of Commerce & Industry (SGCCI) is organising the first edition of Yarn Expo 2018 from August 4-6, 2018 at the Surat International Exhibition & Convention Centre (SIECC), Sarsana, Surat. There will be around 80 exhibitors, all of whom are renowned yarn producing companies from all over India.
Apparel exports to decline by 10% in FY19 due to GST
July 2018
India’s apparel exports downturn may continue and is expected to decline by overall 10 per cent in FY19, a senior industry official said. In 2017-18 exports declined by 4 per cent to $16.7 billion.
Boost for textiles exports
February 2018
Finance Minister Arun Jaitley in the Union Budget 2018-19 raised special package by 19 per cent to Rs 71.48 billion for apparel sector to boost exports. In 2016, the government had announced a special package of Rs 60 billion for the same purpose.
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