by TEXTILE VALUE CHAIN | Jun 11, 2024 | News & Insights, Textile Industry
In a statement here today, the Chairman of the Cotton Textiles Export Promotion Council (Texprocil), Shri Sunil Patwari welcomed the appointment of Shri Giriraj Singh as the new Union Minister for Textiles and Shri Pabitra Margherita as the Minister of State for...
by TEXTILE VALUE CHAIN | May 3, 2024 | News & Insights, Textile Industry
The Union textiles ministry is set to unveil a revitalised Cotton Technology Mission to enhance the quality and yield of India’s “white gold.” This initiative aims to position India as a key hub for textile sourcing and foreign investments by...
by Manali bhanushali | May 28, 2021 | Industry And Cluster, News & Insights
The Textile Ministry is constantly working to resolve the crisis which is coming out of the frequent rise in yarn prices. Recently, the cotton prices internationally, have started to come down, thus it will also make Indian cotton prices to get gradually reduced said...
by Manali bhanushali | Feb 24, 2021 | Apparel, Fashion & Retail, Fashion, News & Insights
If you’re looking to update your wardrobe this year, you can add a few classic pieces that will give you a polished look whether you have to go to the office or want to look your best during online meetings. Even though we can’t be as social as we’d...
by Manali bhanushali | Dec 29, 2020 | Industry And Cluster, News & Insights
The Telangana State Government has urged the textile ministry to issue funds for the development of textile industry in the state. The State Government has sought fund in the upcoming central budget for Kakatiya Mega Textile Park (KMTP) and sanction of mega powerloom...
by Manali bhanushali | Dec 29, 2020 | Industry And Cluster, News & Insights
The Textile Ministry has taken further steps to streamline procedures under the Amended Technology Upgradation Fund Scheme (A-TUFS), including a deadline extension for filing applications for verification, to make it easier for the industry to benefit from it. “The...
by TEXTILE VALUE CHAIN | Oct 2, 2020 | Industry And Cluster, News & Insights
Ministry of Textile, India has projected an official figure of the country’s cotton production and consumption, under newly formed committee, in FY ’20 and it seems India has seen diverse figures in different regions. According to the data put by the Textile Ministry...
by [email protected] | Aug 13, 2020 | Industry And Cluster, News & Insights
This national handloom’s day India’s Women’s Indian Chamber of Commerce and Industry (WICCI) launched its National Handloom Council. The council will crucially focus on conservation and patenting the the regional indigenous weaves and patterns as mentioned by...
by TEXTILE VALUE CHAIN | May 28, 2020 | Industry And Cluster, News & Insights
The Clothing Manufacturers Association of India (CMAI) has urged the ministry of textiles to levy a temporary additional duty on imports of garments and fabrics from all countries, including those with whom India has free trade agreements (FTAs) or zero-duty...
by TEXTILE VALUE CHAIN | May 23, 2020 | Industry And Cluster, News & Insights
The 20-trillion stimulus package of the State Bank of India is likely to more than double the country’s fiscal deficit and will take up to 7.9 percent in this financial year, according to a research report by the State Bank of India (SBI), which was earlier . The...
by TEXTILE VALUE CHAIN | May 19, 2020 | Industry And Cluster, News & Insights
TDS/TCS rate cut impact on Income Tax liability: In a bid to provide relief amid Coronavirus pandemic, the Government of India has reduced the rates of Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) by 25 per cent on several transactions till March...
by TEXTILE VALUE CHAIN | May 16, 2020 | Industry And Cluster, News & Insights
NEW DELHI: President Pranab Mukherjee today cautioned that adequate job creation is not being done for around 10 million persons entering the job market every year and this will impede reaping true benefits of the country’s demographic dividend. There is an...