Home / Knowledge / News / Textiles / Continuation of TUF a good step - Dhanlaxmi Fabrics
Continuation of TUF a good step - Dhanlaxmi Fabrics
29
Feb '08
Fibre2fashion contacted Mr Vinod Jhawar, Managing Director of Dhanlaxmi Fabrics Ltd. to know whether his expectations have been met from the Union Budget 2008-09.

Mr Jhawar disappointingly said, “I am not happy with the budget.” He added, “nothing has been done for the textile industry in the budget, though continuation of TUF was a good step.”

Dhanlaxmi Fabrics MD, further stated, “Under the TUF, funds are not released on time and are not received as and when needed. Of course, increase in the exemption limit in personal income taxes will add to the purchasing power of an individual, which translates into an increase in spending on lifestyle products eventually benefiting the textile and retail industry.”

Mr Jhawar concluded by saying promise from Mr Chidambaram to help the industry when required, is the only ray of hope.

Fibre2fashion News Desk-India

Must ReadView All

Courtesy: Reliance Industries

Textiles | On 24th Apr 2017

Reliance’s FY17 revenue from petrochemicals up 12.2%

Increase in prices across polymers and polyester chain has...

Textiles | On 24th Apr 2017

India, Kazakhstan to increase cooperation in textiles

Indian and Kazakhstan are deliberating upon increasing cooperation in ...

Textiles | On 24th Apr 2017

GST reflects 'One nation, One aspiration' spirit: Modi

Prime Minister Narendra Modi has said that the Goods and Services Tax ...

Interviews View All

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search