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SIMA hails duty hike on imported polyester fabrics
In the GST regime, countervailing duty has been replaced with IGST and the special additional duty has been scrapped. Polyester attracted 10 per cent basic customs duty, 12.5 per cent CVD and 4 per cent special additional duty in pre-GST regime.
‘Go Swadeshi - Our weaves, Our pride’
GoCoop, India’s first online marketplace for weavers and artisans hosted ‘Go Swadeshi’- a one of a kind exhibition that showcased a wide range of exquisite handloom sarees and products by weavers and artisans
Amazon, Telangana team up to boost handloom sales
Amazon India has signed an MoU with the Telangana Department of Handloom and Textiles to educate, train and enable weavers and artisans to directly sell their products to Amazon customers across the country.
Modi sets $650 bn target by 2025: Textiles India
Indian Prime Minister Narendra Modi, while inaugurating India’s largest ever textile meet, Textiles India 2017 on June 30 in Gandhinagar, Gujarat, spoke at length on the strength and capacity of the Indian textile industry.
Assam textile policy on anvil
Assam will soon formulate a textile policy to boost the handloom and textile sector. The proposed policy will focus on integrating production and marketing of handloom and textile products, empowering weavers.
Co-optex clocks Rs 315 cr sales
OS Manian, Tamil Nadu Handlooms and Textile Minister, said that the Tamil Nadu Handloom Weavers’ Co-operative Society Ltd, popularly known as Co-optex, has recorded total sales of Rs 315 crore in 2016-17.
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