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Tax refunds to boost textile exports
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.
A COTTON OF CRISIS
All is not well on the cotton front! Fall in production and acreage, and wild fluctuations in the prices beginning late last year have dampened the spirit of the industry. On the farm front, ravages of bollworm have added to the woes of the suppliers.
ITME AFRICA 2020 launched at GTTES
Organised by India ITME Society, the first edition ITME Africa is to be held in Millennium Hall, Addis Ababa, Ethiopia from February 14-16, 2020.
COTTON USA’s innovations at Heimtextil
COTTON USA will show the global home textile industry WHAT’S NEW IN COTTON, including new innovative technologies to drive sales growth, at its booth in Hall 12.0 / Stand C 71 at Heimtextil in Frankfurt, Germany, from 8-11 January 2019.
Cotton exports grow 26% in April-Sept 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.
COTTON USA team interacts with Indian mills
Aseven-member COTTON USA Executive Delegation travelled with Cotton Council International (CCI) to Mumbai, Coimbatore and New Delhi to participate in conferences emphasising U.S. cotton’s quality to Indian textile mill leadership and conduct meetings with key mill partners.
SRTEPC hails import duty hike
The Government of India’s decision to increase basic customs duty (import duty) to 20 per cent on 76 textile and apparel items at 6-digit level, is a significant move and will strengthen the domestic textile industry, The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) has said. The duty has come into effect from July 16, 2018.
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