ATUFS To Get Rectified: Will Work On Incentives To Machinery Manufacturers
The Union Budget proposes Rs. 650 crore allocation for ATUFS for 2022-23. The Union Textile Ministry has drafted a new Technology Upgradation Fund Scheme, which will...
Tag : policy
Industry Appeals for Extension of Interest Subvention Scheme and Faster Reimbursements in Budget
The Union budget is on its way and the apparel exporters certainly have some serious concerns and requests. One of the top priorities for the...
NAEC seeks government support in regularizing prices of Raw Material
Apparel industry is facing a severe problem of high cost of cotton yarn and fabrics. During the last couple of months the cotton prices have...
Union Budget 2022: Textile majors expect FM to revoke import duty on cotton
Major textile and apparel manufacturers expect Finance Minister Nirmala Sitharaman to scrap the existing 10 per cent customs duty on cotton imports in the Union...
Textile Minister Appeals Industry to target 100 bn in textile exports
In an interaction with prominent Textiles exporters, EPCs and industry leaders Union Minister of Textiles and Commerce & Industry, Piyush Goyal encouraged them for achieving...
Ready made garments to get Expensive
The Goods and Services Council has decided to fix the inverted duty charges on readymade clothes from January 1 in 2022. The fix in the...
APPAREL EXPORTERS SHARE MIXED VIEWS ON THE PLI SCHEME
BENEFITS BIGS PLAYERS ONLY NOT MSME’S FEELS INDUSTRY Ever since the news of PLI scheme being approved by the Government started dispersing the reaction of...
BIG NEWS FOR THE TEXTILE INDUSTRY AS GOVT APPROVES PLI SCHEME TO OUTLAY RS 10,683 CR IN NEXT FIVE YEARS
“The government’s approval of the PLI scheme for the textile industry led by Prime Minister Narendra Modi ji will further strengthen the foundation of a...
WILL THE NEW PACKAGE BY FM SAVE APPAREL INDUSTRY?
Finance Minister Smt Nirmala Sitharaman announced a Rs 6.29 lakh crore stimulus package for economic relief and growth. In the package the Minister has announced...
AEPC Chairman hails RBI’s decision to prop up industry
Welcoming the RBI’s bi-monthly monetary policy review, Apparel Export Promotion Council (AEPC) Chairman Dr A Sakthivel said that the pro industry measures will facilitate the...