Maharashtra will establish six technical textile parks, one in each revenue division, as part of its push to become a hub for advanced textiles, state textiles minister Sanjay Savkare said on Friday. The announcement came at the launch of the FICCI–Wazir Advisors Annual Textile Industry Report
The Goods and Services Tax (GST) Council, in its 56th meeting chaired by Union Finance and Corporate Affairs Minister Nirmala Sitharaman, announced a significant rationalisation of GST rates for the textile sector, addressing long-pending demands from the industry. The Council has approved a uniform 5% GST rate across the textile value chain, eliminating the inverted […]













