-
India’s Odisha state government, which has a textiles policy in place, plans to launch an exclusive policy on handicrafts at its Make in Odisha conclave on November 11-15. The handicrafts sector is one of the six focus sectors in its Industrial Policy Resolution, 2015. A dedicated November 13 session at the conclave will be on apparel and technical textiles.
The Federation of Indian Chambers of Commerce & Industry (FICCI) is the industry partner for the investment summit, according to
-
Reliance Industries Ltd (RIL) has forged a partnership under its Hub Excellence Partners (HEP) programme with Ahmedabad-based Arvind Ltd to manufacture co-branded R|Elan high performance fabrics. Arvind will provide a high standard quality fabric and RIL will ensure timely delivery of R|Elan high-quality performance technologies to Arvind.
The partnership was forged during a HEP meet in Ahmedabad to launch R|Elan fabric 2.0, fabrics made from speciality engineered fibres for denim and other w
-
The textile industry in Maharashtra is set to get 370 crore concessions in power tariff. The step will help in revival of sick textile mills and generate jobs, chief minister Devendra Fadnavis said at a review meeting of textile department officials in Mumbai. He also asked officials to provide interest and capital grants to the industry in the state.
Fadnavis also directed officials to sell the land belonging to the Maharashtra State Textile Corporation, which is struggling financially, a ne
-
Coimbatore in India’s Tamil Nadu will host an international textile fair in February, according to state handloom minister OS Manian. The state has allocated ₹2 crore for the fair, which would showcase its textile products, help find new markets and bridge the production-sales gap, he said after meeting industry leaders to discuss arrangements for the fair.
He hoped the central government would reduce the 5 per cent goods and service tax (GST) imposed on the textile sector, according
-
The Jute Corporation of India (JCI) has procured 3.46 lakh bales worth 190 crore in the last two years, benefitting around 39,000 farmers, according to minister of state for textiles Ajay Tamta. An amount of 100 crore has been approved for 2018-19 and 2019-20 for procurement operations by JCI, Tamta told parliament lower house in a written reply recently.
The government imposed definitive anti-dumping duty in January 2017 on jute goods originating from Bangladesh and Nepal, according to a
-
Welcoming the Union government’s decision to increase basic customs duty to 20 per cent on 328 textile items, the Federation of Indian Chambers of Commerce and Industry (FICCI) has said that the issue of rising garment imports from Bangladesh remains an area of concern for the industry. India gives full exemption of basic customs duty for Bangladesh.
The Government of India has doubled import duty on 328 textile products to 20 per cent from the earlier 10 per cent under Section 159 of the Cus
-
About 97 per cent of the estimated 365 lakh bales (170 kg each) of cotton crop for the 2017-18 season has arrived in the market by July-end, the Cotton Association of India (CAI) has said in its latest estimate of India’s cotton situation. The CAI has kept its estimate for the current season beginning October 1, 2017 unchanged from previous two estimates.
The CAI has, however, revised the state-wise crop estimate for the North Zone compared to the estimate made during the last month, based on
-
Directorate General of Anti-dumping and Allied Duties (DGAD), the investigation arm of the ministry of finance, Government of India, has in its final findings recommended imposition of anti-dumping duty on import of nylon multi-filament yarn (classifiable within Chapter 54 under customs subheading no. 5402) from Vietnam and the European Union.
“Having initiated and conducted an investigation into dumping, injury and the causal link thereof in terms of the Anti-Dumping Rules and having establi
-
A series of fringe programmes and some new features will inspire the visitors to the Intertextile Shanghai Home Textiles, to be held during August 27-30 in Shanghai. Given the growing demand for textile solutions for architecture, interior design and the hotel industry, the fair will highlight leading contract upholstery suppliers with distinctive labels.
In addition, the show will feature a showcase area with quality contract upholstery from exhibitors. The area will be decorated by inter
-
The Indian government’s decision to increase the basic customs duty on 328 textile products has come at a right time and would certainly boost the ‘Make in India’ initiative of the Government of India, the Confederation of Indian Textile Industry (CITI) has said. The decision has added immense confidence to the industry, and help generate employment.
The government has understood the “gravity of the situation and immediately addressed the issue by doubling the import duty on textile products