The Southern India Mills’ Association has urged Tamil Nadu Chief Minister C. Joseph Vijay to intervene in resolving mounting power-related issues impacting textile mills across the state. A delegation from SIMA met the Chief Minister on Wednesday and highlighted concerns over rising electricity
India’s textile and apparel industry has expressed concern over the sharp rise in domestic cotton prices and tightening raw material availability, warning that the situation could impact production costs, export competitiveness and profit margins in the coming months. Leading textile manufacturers and export bodies have urged the Union Government to suspend the existing
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 during the TAG 2025 Annual Textile Conference. Savkare said […]
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 […]















