Textile mills in Tamil Nadu have appealed to the Union Government to bring down the GST rate for manmade fibre and yarn to 12 % from 18 %. About 430 mills recently sent their appeal to the Prime Minister’s Office in this regard, according to Prabhu Dhamodharan, Secretary of Indian Texpreneurs Fed…
Tag: FIBRE
Organic apparel brand Bhu:sattva plans to enter US & Canada
Organic and eco-friendly apparel label Bhu:sattva is planning to set up shop in the US and Canada and enter a range of accessories next year. The US and Canada spend a lot on apparel. While America accounts for 26.69 per cent of the world market, the average Canadian household incurs an annual ex…
India cottoning on to ending cotton ties with Pak
India’s $782-million worth of cotton exports to Pakistan is likely to come to a halt, with exporters keen to divert shipment to other cotton scarce countries, following talks of withdrawal of the Most Favoured Nation (MFN) status to its neighbour. India had granted MFN status to Pakistan in 1996 …