The future for the Indian textile industry looks promising, buoyed by both strong domestic consumption as well as export demand as China is drifting away from textile manufacturing activities. With consumerism and disposable income on the rise, the retail sector has experienced a rapid growth in the past decade with the entry of several international players like Marks & Spencer, Guess and Next into the Indian market.
The Southern India Mills Association (SIMA) Friday welcomed the increase in duty drawback rate for textile items by saying it would help exporters improve competitiveness…+ More
The levy was on account of disproportionate current usage The Tamil Nadu Electricity Regulatory Commission (TNERC) has directed the Tamil Nadu Generation and Distribution Corporation…+ More
India's annual cotton output could drop 12 percent to the lowest in nine years as limited rainfall in the top two producing states has slashed…+ More
The policy is aimed at helping India step up exports of an array of farm goods but also seeks to avoid ad hoc, knee-jerk policy…+ More
CBIC has notified the Revised All Industry Duty Drawback Rates Schedule for 2018-19 applicable w.e.f. 19 Dec. 2018, vide Notification No. 95/2018 Customs (NT) dt.…+ More