Where is the Rupee headed - 60s or 70s?
The only way for exporters to stay competitive is by improving productivity, differentiating product offerings and hedging exposures efficiently, opines Abhishek Goenka.
VSF growing at 27% in last 2 years: M Samuel
Aditya Birla Group’s fibre division, Birla Cellulose has always been at the forefront of revolution in viscose staple fibres and achieved global reputation since many years ago.
GST: FAQs for textile industry
Raw jute has been kept at NIL rate of GST i.e. there would be no tax on raw jute. Jute mills are not required to pay tax under Reverse Charge Mechanism (RCM) as mentioned under section 9(4) of the CGST Act, 2017.
Truetzschler & A.T.E. in Sintex big spindle project
Truetzschler India Pvt Ltd and A.T.E. recently completed phase-I of the prestigious Sintex Industries – its Yarn Division’s project of 1 million spindles at Rajulah, Amreli, in Gujarat. The project once fully operational will produce cotton, melange and linen yarns.
Ken exports grey fabrics to over 15 countries
“Being based in Ichalkaranji has a lot of advantages and also some challenges. The availability of the latest state-of-the-art weaving machines, warping and sizing facilities, etc. augur well for large scale outsourcing. The biggest challenge though is that the present work culture and ethic, which is very mediocre and getting them to work on export based orders, faster turn-around-times gets very testing,” says Nikunj Bagdia, Managing Director, Ken Enterprises Pvt Ltd,
Our products are Industry 4.0 ready: Muthusekkar
A100-per cent subsidiary of Getriebebau Nord, NORD Drivesystems Pvt Ltd opened a world-class 13,300 m² factory in Pune in 2008, after it established a sales branch in 2005. The company’s Pune plant has enabled it to provide quicker and comprehensive sales and customer service in India and all over the subcontinent.
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