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Ministry signs pacts with leading cos to help weavers
The Union Textile Ministry signed agreements with leading textile playes like Raymond, Welspun, Titan, Reliance Retail and the Sachin Tendulkar-promoted True Blue, under which these companies will procure more from the weavers directly.
ASFW to open from Oct 1 to 4, 2018
The fourth edition of Africa Sourcing and Fashion Week (ASFW), Africa’s leading exhibition and conference,will open doors from 1-4 October 2018
EAEU-Vietnam FTA yields positive results
According to statistics released by Vietnam Customs, trade between Eurasian Economic Union (EAEU)and Vietnam hit $3.9 billion in 2017, up 3 per cent from 2016.
Rs 2,600 cr package for leather & footwear industry unveiled
Union Minister Suresh Prabhu unveiled the Central government’s Rs 2,600 crore package for the leather and footwear industry, saying it had the potential of generating over three lakh jobs and formalising another two lakh in the next three years.
ATIRA opens incubation centre for composites
A Focussed Incubation Centre for Composites (FICC) was recently inaugurated at Ahmedabad Textile Industry's Research Association (ATIRA). The centre is partly sponsored by the Union ministry of textiles to promote technical textiles.
Enhanced MEIS & RoSL export benefits a huge relief: SIMA
The Government has increased the Merchandise Export from India Scheme (MEIS) from 2 per cent to 4 per cent for all garments and made-ups and also increased the upper limit of Remission of State Levies (RoSL) for the exports of cotton garments from 1.22 to 1.7 per cent and cotton made-ups from 1.55 per cent to 2.20 per cent.
India among top 10 visitor countries at Intertextile Shanghai
Intertextile Shanghai concluded its 2017 Autumn Edition recently as the strong business results and praise from the worldwide participants once again affirmed its reputation as the world’s most effective apparel fabrics and accessories trade event in terms of boosting sales and product sourcing.
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