Tag: Anil Gupta

B2B e-Commerce platforms reduce inventory costs by 40% for SMEs

B2B e-commerce platforms inventory management services is gaining popularity among small and medium enterprises (SMEs). This has resulted in reducing inventory costs by 40 per cent for SMEs. SMEs who would earlier procure raw material from various sources and stock it for one month to three month…

Textile industry awaits GST rate

The textile industry is watching to see what the final rate of tax under the proposed goods and service tax (GST) regime would be. This is because of the tax implications the new law will have on major input goods going into the textile production process such as cotton and man-made fibres. Accor…