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The All India Recycled Fibre & Yarn Manufacturers Association, which represents 35 recycled polyster staple fibre (PSF) producers, has requested the Union finance ministry to maintain the current excise duty cost advantage of recycled PSF vis-à-vis virgin PSF, while finalising the GST rates. GST Council is scheduled to discuss this at its meeting on June 3.

The Northern Indian Textile Mills' Association (NITMA) has urged the chief minister of Punjab, Captain Amarinder Singh to hold back Punjab State Electricity Regulatory Commission's (PSERC) decision of increasing power tariff for the peak load hours for industrial category consumers. This order would make power costlier by 78 paise, said NITMA.

          ThreadSol, the pioneer in enterprise material management for sewn products' industry, gathered top garment manufacturers, technocrats and top technology providers to imagine the future of the garment manufacturing business in Bangladesh during the recent edition of 'Apparel Tech-up' organised in Dhaka. The sit-down included two panel discussions.

          Top-notch knitting and hosiery enterprises, including Zhejiang Yexiao (knitting machinery product development and manufacturing enterprise) and Hefei Opek (fully computerised jacquard hat and scarf knitting machine manufacturer) will present their technology and production equipment at the 18th edition of YiwuTex being held during June 13-15, 2017 in China. 

          The textile industry has urged the government to continue with the Rebate of State Levies (ROSL) scheme under the Goods and Services Tax (GST) for the benefit of made-up exports.

          After a slowdown in Q3 post-demonetisation business, Clothing Manufacturers Association of India’s (CMAl’s) Apparel lndex for January-March 2016-17 reveals that the Indian apparel industry is slowly and surely making a recovery. The Q4 Index shows overall growth has improved mildly with overall lndex Value moving up to 2.25, compared to 1.4 points in Q3.