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With the crisis in the textile industry becoming more acute on account of the heavy accumulation of stocks, the Southern India Mill-owners’ Association to-day [April 24] directed its 175 member-mills in Madras, Kerala, Mysore, Andhra and Pondicherry to curtail their production by 33-1/3 per cent “until the position improves”. 

The Goods and Services Tax (GST) Council, headed by finance minister Arun Jaitley, will likely take up as early as in its next meeting, a proposal for the imposition of a cess on sugar to create a fund that will help mills clear cane dues owed to farmers, a senior government official told FE.

The President of Garment Manufacturers and Wholesale Association of Telangana, Pavan Bansal, on Monday said that the recent rise in diesel prices was affecting the garment industries all over the country.

Garment makers, the country's main export earners, yesterday sought full waiver of source tax on export receipts for three years as a helping hand as they look to hit $50 billion in shipments by 2021.

A few hundred workers, activists and relatives of victims of a 2013 garment factory collapse in Bangladesh that killed 1,134 people and left thousands injured held a rally Tuesday as the country marked the fifth anniversary of the disaster.

According to data provided by the Confederation of Indian Textile Industry (Citi), of the total commodities exports from India, the textile and apparel exports share has come down by a percentage point to 12% in fiscal 2018 from 13% in the previous fiscal.