Cotton

SIMA Chief Advises Mills To Rely Only On Govt Agencies Forecast

Textile Insights March 26, 2024

The Southern India Mills Association (SIMA) has urged its member mills to plan their cotton purchase according to reports issued by the Committee on Cotton Production and Consumption (COCPC). Dr SK Sundararaman, Chairman of SIMA has advised cotton textile mills to rely only on the estimates

Fibre

SIMA Hails Exempting BIS Compliance For VSF Imports Under AAS

Textile Insights March 20, 2024

The Southern India Mills’ Association (SIMA) welcomed the Indian government’s decision in exempting BIS compliance for VSF imports under the Advance Authorisation Scheme (AAS). In a press release, SIMA Chairman Dr SK Sundararaman appreciated Minister of Textiles Piyush Goyal for permitting the import of BIS QCO mandated VSF under AAS. In addition, Dr SK Sundararaman […]

Industry

SIMA Raises Awareness In Textile Sector On ‘Competition Law’

Textile Insights February 15, 2024

SIMA conducted an awareness programme titled ‘Competition in Textile Market’ to enable textile manufacturers to understand the scope of the Competition Law to sustain competitiveness and achieve sustained growth. V. Sriraj, Joint Director (Law), Southern Regional Office, CCI addressed the participants on the role played by CCI at the awareness seminar, which was attended

Policies

Interim Budget’s Infra Push And Measures To Boost Rural Consumption Likely To Revive Textile Demand

Textile Insights February 13, 2024

The domestic textile and apparel sector has welcomed the Interim Budget 2024 presented by the Union Finance Minister Nirmala Sitharaman, even as it fails to meet the expectations in a true sense.  Industry players and observers believe that some of the macro-economic initiatives and measures in terms of  government’s commitment to fiscal consolidation with a […]

Industry

SIMA Chairman Demands Evaluation Of New TN Energy Tariff

Textile Insights October 11, 2023

The apex body of spinners in South India, the Southern India Mills Association (SIMA) has urged the Tamil Nadu government to evaluate its policies related to energy supplied to the textile industry. “Tamil Nadu is most attractive destination for new investments mainly due to its energy policies relating to wind power, open access power, third […]