textile industry Archives

KPR Mills, Gokaldas Exports, Nitin Spinners among key textile beneficiaries from GST rate revision

TexMart NLSeptember 5, 2025September 5, 2025

by TexMart NLSeptember 5, 2025September 5, 2025

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...

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Nirmala Sitharaman assures support to the textile industry

TexMart NLSeptember 3, 2025September 5, 2025

by TexMart NLSeptember 3, 2025September 5, 2025

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....

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Centre extends application window for textile PLI scheme amid strong industry response

TexMart NLSeptember 3, 2025September 4, 2025

by TexMart NLSeptember 3, 2025September 4, 2025

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...

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CMAI Seeks A Uniform 5% GST To Fortify Domestic Textiles

TexMart NLAugust 30, 2025September 4, 2025

by TexMart NLAugust 30, 2025September 4, 2025

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...

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CITI hails India’s GST reform, seeks uniform 5% for textiles

TexMart NLAugust 30, 2025September 4, 2025

by TexMart NLAugust 30, 2025September 4, 2025

CITI has expressed its appreciation to the Government for the landmark decision to rationalise the Goods and Services Tax (GST) structure into two slabs of...