Industrialists feel GST will prove to be a boon in the long run, but for now, despondency reigns supreme among the working class.

Shandong Ruyi Investment Holding has entered into a definitive agreement to acquire Invista’s Apparel & Advanced Textiles business, which includes the Lycra and Coolmax brands.

The announcement by CITI has given the textile fabric industry a big relief as it was going through tremendous pressure post-GST regime and it will also help the industry to strengthen itself in the domestic as well as international markets.

Accra, Oct. 30 , GNA - National Board for Small Scale Industries (NBSSI) in partnership with SPINnet Textile and Garment Cluster has launched an incubator programme to nurture and train entrepreneurs in the garment and textile sector.

The Government of India has increased basic customs duty on polyester fabric from 10 per cent to 20 per cent with effect from October 27, 2017. After implementation of the GST, there was a significant drop in the import duty that threatened the survival of the domestic manufacturing industry due to cheaper imports from countries like China.

Surat: Sitting BJP MLAs and new faces preparing to contest assembly elections on the party ticket from the Diamond City have a reason to worry. At least five assembly constituencies could witness upset wins because a large number of textile traders and power loom weavers are unhappy with the implementation of the Goods and Service Tax (GST) and the central government's failure to provide them relief.