Powerloom Development News Today

DHAKA, June 22, 2023 (BSS) - Bangladesh is pursuing a vision of elevating its  position as a high value garment exporter

New Delhi [India], August 19 (ANI): Keeping USD 400 billion export target in mind, Union Commerce and Industry Minister Piyush Goyal will meet Export Promotion Council leaders in Mumbai on Thursday.

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Tamil Nadu textile firms seek govt help to tap man-made fibre clothing segment The industry wants the Standing Committee on Labour to recommend removing anti-dumping duty and also slotting the entire MMF value chain under 5 per cent GST rate, among other things Joe C Mathew | January 20, 2021 | Updated 04:51 IST The textile manufacturers of Tamil Nadu have called for conducive government policies to  make India a major player in man-made fibre (MMF) textiles and clothing products globally. Th...

Move follows plea from local makers The designated authority under the Ministry of Commerce and Industry has recommended the levy of anti-dumping duty on viscose spun yarn imported from China, Vietnam and Indonesia. The Indian Manmade Yarn Manufacturers Association had sought the levy as import of viscose yarn from these countries was hurting domestic manufacturers. After an investigation, the Directorate General of Trade Remedies has recommended the move. According to industry sources, if anti...