Maharashtra state has started disbursing power subsidy of up to ₹3.77 per unit to powerlooms, spinning mills and garment units. Many textile units, mostly small and medium ones that are struggling to raise working capital because of weak balance sheets, had shut down part of their operating capacity due to weak domestic demand and sharp fall in exports.
Carvico is set to present its lifestyle collection of fabrics for interior design at Heimtextil 2020 expo, in booth G34, hall 4.2. Carvico is a global leader in the production of warp knitted fabrics.
Already one of the most prominent textile and clothing producers, Turkey is now raising its sight for a higher rise in exports, setting their eye on the U.S. market.
NEW DELHI: There is no possibility of change in GST rates till GST revenue stabilises, the convenor of a panel of state ministers said on Saturday.
The Uttar Pradesh government is aiming to facilitate business loans worth more than Rs 62,000 crore to the beleaguered micro, small and medium enterprises (MSME) in the current financial year 2019-20.
The much-anticipated increase in Goods and Services Tax (GST) is not happening any time soon, said Bihar Deputy Chief Minister Sushil Kumar Modi at a recent FICCI event.