Textile industry

Textile entrepreneurs hope for better stability with reduction in freight charges, cotton prices

Around 120 managing directors of spinning mills discussed various issues including cotton prices and freight rates Coimbatore: Textile entrepreneurs have discussed key issues to bring in stability in the sector eyeing a reduction in cotton prices and freight charges, an...

Stay-at-home accelerates recovery for home textile exporters

Higher in-home consumption due to increased stay-at-home period and a sharper focus on health and hygiene amid the pandemic are helping Indian home textile exporters weave their way out of the downturn faster than other textile segments. Revenue de-growth for home...

Textile industry size to touch US $250 bn in 2 years

The size of India's textile market is expected to touch USD 250 billion in the next two years from USD 150 billion now, a senior Government official said. "We see tremendous growth potential for the textile industry and it is...

Textile industry urges GST Council to lower service tax

Textile industry has urged the GST Council to lower the service tax on job work related to made-ups and garment sector, saying the proposed 18 per cent tax would escalate the prices of final goods making them uncompetitive in...

Star Labels announces tag free labels for Skin friendly apparel

Star Labels Pvt. Ltd, the technology expert company in infrastructure and modern equipment has announced the commencement of tag less labels for apparels and garments manufacturers and retailers in India. It will offer value added packaging material for garment...

Government taking steps to boost textile industry

To boost the textile sector, the government has been taking a series of steps including launching of Technology Mission on Cotton (TMC) and the Technology Upgradation Fund Scheme (TUFS) to enable modernisation and upgradation of the textile industry both...

Speed up textile sector reforms

Domestic textile industry could attract $55 billion investments and create job opportunities for a 65.4-million workforce by 2010, provided reforms are initiated at quicker speed, says a study. With continuing bottlenecks in place, the projected investment for 2010 could fall...
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Over 41,000 sub-standard toys seized after mandatory quality certification

A Quality Control Order for toys was issued on February 25, 2020, through which toys have been brought under...
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