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Price rise, an issue in textile industry

Price rise, an issue in textile industry
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.

Tamil Nadu , Andhra Pradesh , Ashwin Chandran , Rajam Shanmugham , Tiruppur Exporter Association , Southern India Mill Association , Market Committee , Erode District , Common Effluent Treatment Plants , தமிழ் நாடு , ஆந்திரா பிரதேஷ் , அஷ்வின் சந்திரன் , திருப்பூர் ஏற்றுமதியாளர் சங்கம் , தெற்கு இந்தியா ஆலை சங்கம் , சந்தை குழு , அரிப்பு மாவட்டம் , பொதுவானது வெளியேறும் சிகிச்சை செடிகள் ,

Cotton yarn prices gain sharply on surging cotton rates, demand

Cotton yarn prices gain sharply on surging cotton rates, demand
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Mills association seeks rollback of duty on cotton imports

Mills association seeks rollback of duty on cotton imports
Updated:
Updated:
‘Levy will lead to higher import of garments, escalate prices’
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‘Levy will lead to higher import of garments, escalate prices’
The Southern India Mills’ Association has sought a rollback of the 10% customs duty on cotton imports announced in the Union Budget, as it would escalate the cost of garments and result in higher import of garments, especially from countries such as Bangladesh and Sri Lanka.
Ashwin Chandran, chairman of Southern India Mills’ Association, said that India imports mainly extra-long staple (ELS) cotton, organic cotton, contamination-free cotton and sustainable cotton. The production of these varieties is either nil or meagre in India. ....

Al Jizah , Sri Lanka , Ashwin Chandran , Southern India Mill Association , Union Budget , Advance Authorisation Scheme , ஸ்ரீ லங்கா , அஷ்வின் சந்திரன் , தெற்கு இந்தியா ஆலை சங்கம் , தொழிற்சங்கம் பட்ஜெட் ,

Textiles industry broadly welcomes Union Budget 2021-22

The Indian textiles and clothing industry has broadly welcomed the
Union Budget 2021-22 presented by finance minister Nirmala Sitharaman in Parliament on February 1. Setting up of 7 mega textiles parks under MITRA, and reducing duty on nylon raw materials are welcomed by all trade bodies, while there is a mixed reaction to 10 per cent import duty on cotton.
The grant to the
textiles and clothing sector in Union Budget 2021-22 is ₹3,614.64 crore, which is about 10 per cent higher than the revised budget of ₹3,300 crore in 2020-21. The budget also puts emphasis on Infrastructure Development and Research & Capacity Building as the grant for these sectors has been increased by about 43.7 per cent and 77.5 per cent respectively as compared to last year. Share of these sectors in total textile and apparel budget allocation for 2021-22 stands at about 6 per cent and 10 per cent respectively. ....

Al Jizah , Tamil Nadu , Al Bu Ayrah , Andhra Pradesh , Sri Lanka , Nirmala Sitharaman , Rajam Shanmugham , Ashwin Chandran , Prabhu Dhamodharan , Sanjay Garg , Rajesh Masand , Manoj Patodia , Tiruppur Exporters Association , Technology Upgradation Scheme Atufs , Southern India Mill Association , Insurance Corporation , Union Budget , Clothing Manufacturers Association Of India , Northern India Textile Mill Association , Infrastructure Development , Research Capacity Building , Development Cess , Apparel Export Promotion Council , While The Tiruppur Exporters Association , Indian Texpreneurs Federation , Cotton Textiles Export Promotion Council ,

Customs duty on cotton imports disappoints textile sector

Customs duty on cotton imports disappoints textile sector
Updated:
Updated:
‘It will make import of branded cotton expensive’
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‘It will make import of branded cotton expensive’
The textile and clothing sector here has expressed disappointment over the levy of customs duty on cotton imports in the Union Budget.
Manoj Patodia, chairman of the Cotton Textiles Export Promotion Council, said that the plan to establish seven mega investment textile parks in three years was a positive step towards making the industry globally competitive. It would attract investments and boost employment. However, the plan to levy customs duty on cotton imports would make import of branded cotton expensive. ....

Tamil Nadu , Ashwin Chandran , Raja Shanmugham , Manoj Patodia , Tiruppur Exporters Association , Indian Texpreneurs Federation , Union Budget , Cotton Textiles Export Promotion Council , Southern India Mills Association , Confederation Of Indian Textile Industry , Development Cess , Apparel Export Promotion Council , Indian Textile Industry , Agriculture Infrastructure , Prime Minister , India Mills Association , Export Promotion Council , Exporters Association , தமிழ் நாடு , அஷ்வின் சந்திரன் , மனோஜ் பாத்தோடிய , திருப்பூர் ஏற்றுமதியாளர்கள் சங்கம் , தொழிற்சங்கம் பட்ஜெட் , பருத்தி ஜவுளி ஏற்றுமதி ப்ரமோஶந் சபை , தெற்கு இந்தியா ஆலைகள் சங்கம் , கூட்டமைப்பு ஆஃப் இந்தியன் ஜவுளி தொழில் ,