Bangladesh Oct PMI sees faster expansion rate at 61.8
Bangladesh’s purchasing managers’ index (PMI) was 61.8 in October this year—gaining 2.7 points month on month (MoM) and posting a faster expansion rate. It was...
Tag : Industry growth
KPR Mills, Gokaldas Exports, Nitin Spinners among key textile beneficiaries from GST rate revision
by TexMart NL
The Goods and Services Tax (GST) Council, chaired by Union Finance Minister Nirmala Sitharaman, has approved a simplified two-slab structure of 5% and 18%. The...
Nirmala Sitharaman assures support to the textile industry
by TexMart NL
Union Finance Minister Nirmala Sitharaman assured the textiles industry that the government would take appropriate action to help them tide over the US tariffs crisis....
Centre extends application window for textile PLI scheme amid strong industry response
by TexMart NL
The Government of India has extended the application window for the Production Linked Incentive (PLI) Scheme for Textiles, following strong and enthusiastic response from the...
CMAI Seeks A Uniform 5% GST To Fortify Domestic Textiles
by TexMart NL
Emphasising that the current tariff wars are already threatening to deal a death blow to the export sector of textiles, the Clothing Manufacturers Association of...