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Nagpur: Union minister of Micro, Small and Medium Enterprises (MSME) Nitin Gadkari will address an important conference focussed on MSMEs in Vidarbha organized by Confederation of Indian Industry (CII), Western Region on Saturday.

Union Minister of Textiles Smriti Zubin Irani on Friday said that India’s exports of textile and apparel sector (including handicrafts) have increased from USD 39.3 billion in 2017-18 to USD 40.4 billion in 2018-19.

Contraction in eight major industries of the country continued for the third consecutive month in October as the output pace receded by (-)5.8 percent.

The progress of textile parks, under the Scheme for Integrated Textile Parks (SITP), has been moving at a snail's pace.

New Delhi, Nov 29 Fifteenth Finance Commission Chairman N K Singh on Friday said the goods and services tax has been an iconic taxation reform that will improve compliance in the country.

The Indian textile industry can turn a $300-billion industry by 2030 and generate 35 million jobs, according to Hari Thiagarajan, Tamil Nadu council vice chairman of the Confederation of the Indian Industry (CII), who said this is possible if the industry enhanced its focus on exporting more value-added products, modernisation and sustainable business practices.

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