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Confederation of Indian Textile Industry elects Rakesh Mehra as chairman for 2 years - Vimarsana News

Confederation of Indian Textile Industry elects Rakesh Mehra as chairman for 2 years

Mehra is the chairman of Banswara Syntex, an integrated textile manufacturer and exporter of yarns, fabrics and garments, having a turnover of Rs 1,400 crore, CITI said. He expressed his commitment to fostering collaborative and inclusive initiatives for the overall growth of the textile sector.

COLUMN: United Way fundraising campaign kicking into high gear with 26% of goal raised - Vimarsana News

COLUMN: United Way fundraising campaign kicking into high gear with 26% of goal raised

The first official week of fundraising is now complete, and the United Way of Sarnia-Lambton has raised so far $430,000, or 26 per cent of the $1.65-million…

Separate dept will boost textile sector's growth: Associations | Coimbatore News - Vimarsana News

Separate dept will boost textile sector's growth: Associations | Coimbatore News

Coimbatore: Tirupur Exporters’ Association welcomed the government’s announcement to form a separate department for textiles, stating it would help fo.

India removes anti-dumping duty on viscose staple fibres - Vimarsana News

India removes anti-dumping duty on viscose staple fibres

In most of the competing nations, MMF and its blended textile product exports account 60 to 80% while in India, the same is below 25% mainly due to the expensive raw material.

Textile sector hails extension of RoSCTL scheme | Coimbatore News - Vimarsana News

Textile sector hails extension of RoSCTL scheme | Coimbatore News

COIMBATORE: The Southern India Mills Association (Sima) and Apparel Export Promotion Council (AEPC) have thanked the Centre for extending the rebate of state and central taxes and levies (RoSCTL) on export of apparel and garments for another three years. The struggling textile industry, which had seen exports stagnate for the past four years, has now begun seeing good marketing opportunities for post-Covid and this move would make pricing of Indian apparels competitive in the global market, the associations said. The Union cabinet, chaired by Prime Minister Narendra Modi, recently approved ...