M Senthilkumar, chairman of SIMA said that the textile industry of Tamil Nadu is an awkward position in terms of competition and the other states have already announced sops for the benefit of the textile industry.
The cost of production for spinners in Tamil Nadu is Rs 15 more than the other states as they need to get cotton bales from the other states at a rate of Rs 6 per kg, according to media reports.
Senthilkumar said that removal of cess on cotton and cotton waste will benefit the spinners and create a level playing field. (KD)
Fibre2Fashion News Desk – India
Apparel/Garments | On 22nd May 2018
Bangladesh Bank has enhanced the loan limit under Export Development...
Textiles | On 22nd May 2018
In what might be an indication of higher exports in the coming...
We constantly communicate with employees at all levels
Peak to Plateau
People are willing to pay for quality and performance
Bridalwear is not about reds and whites anymore
Sushila International, a well established textile organisation established ...
Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...
Aizome, Asia's first Fairtrade denim brand, is all set to launch next...
Iago Castro Asensio
RCfil Distribuciones S.L.
Iago Castro Asensio, International Business Manager of RCfil...
InvestKonsult Sweden AB
Investkonsult Sweden AB has been buying and selling second-hand textile...
Biovation II LLC
Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...
Yash P. Kotak
Bombay Hemp Company
One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...
Rupa Sood and Sharan Apparao
Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...
Silvia Venturini Fendi
"Yes, my confidence and positive attitude are my strengths and should be...