The fitment committee, which recommends rate changes to the Council, has proposed increasing the rate on footwear (less than Rs 1,000), readymade garments, and fabrics to 12% from 5% now
Yarn price hike: According to industry sources, the production loss is estimated to be around Rs 165 crore due to the strike
A cultural symbol and style statement for Indian women, it is no longer limited to weddings and family occasions, but has begun extending to work wear, corporate meetings and cocktail parties too
The coronavirus pandemic has slammed the apparel industry, leaving many of the 65 million Asian garment factory workers struggling as factories close or cut back on wages
In the financial year that ended in June, Bangladesh's garment exports totaled $27.94 billion (21.6 billion pounds), down 18% from the previous year
74% of its respondents see a 90% drop in sales for the quarter ending June 2020
The virus in China and a withdrawal of EU concessions to Cambodia offer two major opportunities for Indian garment exporters - but none of them are in a position to gain
As RoSL and MEIS were simultaneously available along with RoSCTL, many exporters factored in both in their costing. Exporters said the government had at no point issued any notification on this.
Move follows offers made to Aditya Birla Fashion & Retail Ltd and Shahi Exports; study says state is emerging as a top destination for apparels in the country
No need to declare details of manufacturers under Packages Commodities Act
The search for cheaper production bases is driven by retailers who are constantly looking for ways to cut costs
In his latest Budget, the FM imposed 1% excise duty on readymade garments worth over Rs 1,000