Guwahati: Prime Minister of India, Narendra Modi, has asked Japanese industry leaders to invest in India in order to increase India’s role in the textile,…
High raw material cost to impact textile demand during Q1 FY23 on QoQ basis
New Delhi: Higher raw material cost is likely to impact textile demand during Q1 FY23 on a quarter-on-quarter basis. As per India search (Ind-Ra), sustained…
Ministry of Textiles provides Rs. 314.80 cr subsidy support to Textile industry, MSMEs
Ministry of Textiles has been providing subsidy support to the textile industry, including Micro, Small, and Medium Enterprises (MSMEs) and small textile manufacturing units across the country…
Central Govt. to accelerate growth in IT & help India’s Services exports soar to $1 tn in a decade: Goyal
Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, Shri Piyush Goyal has assured leaders of India’s top IT companies…
12% GST rate on manmade fibre, yarn, fabrics & apparel from Jan 1, 2022: Finance Ministry
The finance ministry has notified a uniform 12 percent GST rate on manmade fibre (MMF), yarn, fabrics, and apparel, thereby addressing the inverted tax structure…
Home textile exporters are set to get a boost with rising exports
Home textile exporters are set for a big order boost from the biggest shopping season in the Western market and push their topline by around…
Import dependence to get reduced for the textile machinery segment
New Delhi: Union Minister Piyush Goyal has called for developing 100 Indian textile machinery champions recognized across the world and reducing import dependence of the…
7 Mega Textile Projects to be set up under PM-Mitra scheme
New Delhi: The government has issued a notification for setting up seven mega textile parks under the PM-MITRA scheme at a total outlay of Rs…
Australia-India partnership to benefit the business segment of India
New Delhi: “Australia-India Business Champions Group’s role has become extremely important as it provides a platform for greater engagement between the policymakers of India and…
MoU pact of Amazon India & Industries & Mines Department of Gujarat to empower and boost MSME’s e-Commerce exports
Ahmedabad: Amazon India signed a Memorandum of Understanding (MoU) with the Industries and Mines Department, Government of Gujarat on Tuesday, 7th September 2021 to help drive…