Vishal Fabrics is the flagship of the diversified Chiripal Group and commenced operations in 1985
Currently, cotton imports attract 5 per cent Basic Customs Duty (BCD) and 5 per cent Agriculture Infrastructure Development Cess (AIDC)
India's textiles exports are expected to cross $40 billion during the current fiscal, Textiles Secretary UB Singh said on Wednesday.
India is the world's fifth biggest textile and apparel exporter with a 4% share of the $840 billion global market
During the period between April and December, 2021, total textiles and apparels exports, including handicrafts, stood at $29.8 billion
About $250 million of textiles exports were lost last month after mills in Punjab were forced to shut for 15 days, said Shahid Sattar, executive director of All Pakistan Textile Mills Association
Export of all commodities in the segment was valued at $263 billion during the April-November period in 2021-22
Surge is likely to generate 7.5-10 million new jobs
Goyal says PLI and mega textile parks scheme to be approved soon
Indian home textile exporters are set to register robust performance during FY2022
Home textile exporters are set to clock a 20-25 per cent growth in 2021-22 with healthy margins, according to a report.
Sharp surge in demand for home improvement products; strong festive demand seen this year backed by favourable vaccination coverage across key markets
Garment exporters will continue to get a rebate on central and state taxes on their outward shipments as the government on Wednesday approved extension of RoSCTL scheme till March 2024.
The textile town in Tamil Nadu exports products worth about Rs 27,000 crore
Up to Rs 5,000 crore likely as big brands look to scale up manufacturing in the country
The sharp decline has impacted entire value chain of cotton farmers, ginners, spilling mills, fabric makers and textile and apparel producers
The sector was trying to emerge from the aftereffects of the implementation of GST when the pandemic struck
Write to PM Modi, Finance Minister to express their woes; Tirupur has about 500,000 direct and indirect employees
While the Covid-19 pandemic has completely halted production and new orders, exporters say that payments have also been delayed for the shipments sent before the lockdown.
Citing an example of man-made textiles, he said that the govt is putting attention as over the years, India always focused on cotton textiles, whereas the world has moved on to man-made textiles.