Tag: Textiles

3rd National Handloom Day: Govt assures hand-holding of textiles weavers

Minister of State (MoS) for Textiles Ajay Tamta has said that government is taking several steps for the welfare of textiles weavers. Presiding over the 3rd National Handloom Day program held on August 7 in Guwahati, the Minister said that the government not only appreciates the weavers, but also…

FDI in textile sector doubled to $619 m in 2016-17: Ajay Tamta

Foreign direct investment (FDI) in textile sector more than doubled to $618.95 million during 2016-17 from $230.13 million in the previous fiscal, Parliament was informed today. In a written reply to Lok Sabha, Minister of State for Textiles Ajay Tamta said during the first two months of current …

GST Council forms 18 groups to sort out industry worries

The GST Council has set up 18 sectoral groups to interact with the sectors like telecom, banking and export and sort out their issues in a time-bound manner for a smooth transition to the new indirect tax regime. These sectoral working groups consist of senior officers from the Centre and states …

GST/Textiles: टेक्सटाइल मंत्रालय सर्विस टैक्स को लेकर करेगा विचार

टेक्सटाइल इंडस्ट्री ने टेक्सटाइल मंत्रालय से अनुरोध किया है कि टेक्सटाइल जॅाब को सर्विस टैक्स के दायरे में ना रखा जाए। मंत्रालय का कहना है कि वह इसपे विचार करेगा। टेक्सटाइल मिनिस्ट्री के संयुक्त सचिव ए मधुकुमार रेड्डी ने बताया है कि हम उद्योग की इस बात पर विचार कर रहे हैं। मानव निर्मित फाइबर [&he…

Shell Lubricants to lean on smaller business segments to achieve target

Shell Lubricants is planning to focus on some of the segments where it has comparitively less presence so far, in order to achieve its target of becoming the largest international lubricant player in the country in the next three years. The company is already a leading player in wind turbines, co…