India, the leading producer of cotton is yet to truly capitalize on this resource, according to the Hong Kong Trade Development Council (HKTDC), which feels despite India being the largest supplier of cotton fibre and yarn to China, it loses out economically as a kilogram of yarn processed and sold …
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Cambodia will be the venue next month of one of the biggest and most important gatherings of stakeholders in the garment sector in Southeast Asia. Cambodia to host Textile and Apparel SEA Summit – According to the official website of the event, the Textile and Apparel SEA Summit 2019 will …
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Spinning mills cut output as demand from garment makers dips From cotton growers to ginners, spinning mills to fabric / garment manufacturers, all in the textile industry chain foresee bad times ahead. Ginners say the demand from spinning mills is expected to remain low, with mills mostly using their reserve …
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The Southern India Mill’ Association (SIMA) has appealed to the ministry of finance to have a re-look at the new duty drawback rates announced by the Central Board of Excise and Customs (CBEC). It has also urged the government to refund all the blocked, embedded taxes, levies and accumulated input …
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Jaipur [Textile sector growing exponentially]: The textile industry is growing exponentially in the country, with Foreign Direct Investment (FDI) having tripled in three years, Union Minister Smriti Irani said today. The FDI flow into the sector reached USD 618.95 million in 2016-17. However, there is still huge potential for further …
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