The future for the Indian textile industry looks promising, buoyed by both strong domestic consumption as well as export demand as China is drifting away from textile manufacturing activities. With consumerism and disposable income on the rise, the retail sector has experienced a rapid growth in the past decade with the entry of several international players like Marks & Spencer, Guess and Next into the Indian market.
In the post-GST implementation period, the exports of garment and made-ups have been struggling due to inadequate export benefits and tariff barriers in the global…+ More
The proposed rates of Rebate on State Levies (RoSL) has come at a right time, which would benefit the garmenting and made-ups segments, Southern India…+ More
Will help make exports of apparels, made-ups zero-rated The Union Cabinet chaired by Prime Minister Narendra Modi, on Thursday, approved a scheme to rebate State…+ More
The Cabinet Committee on Economic Affairs approved two thermal power and two hydro power projects, a hydro power scheme and a revival scheme for stressed…+ More
In a major relief to manufacturers, distributors, marketers and direct sellers of consumer products, the government on Thursday clarified the extent of tax liability and…+ More