Punjab/ Chandigarh [India], September 16: Trident Group, one of the world's largest textile manufacturers, has reinforced its commitment to the Middle East and North Africa (MENA) region with a dual investment strategy. The Group has already invested AED 1 million towards strengthening its r
The report stated that if the 50 per cent tariff remains, retailers may need to renegotiate prices with suppliers, and Indian manufacturers will likely have to absorb a significant portion of the cost increase.
Mumbai (Maharashtra) [India], September 16: The GST Council, at its 56th Meeting held on 3rd September 2025, approved the rationalization of GST rates by moving to a two-slab structure of 5% and 18%, abolishing the existing 12% and 28% rates. These revised rates will come into effect from 22
The ministry is stepping up efforts and boosting exports to European and Asian countries, with teams set to visit France, the UK, and Singapore in September to scout new markets and strengthen existing ones.
Home textile manufacturers are bracing for a 5-10 per cent decline in revenue, apart from reduction in operating profitability, as the 50 per cent tariffs imposed by the US came into effect on August 27, Crisil Ratings said in a report.
On Friday night, the fire broke out inside the cotton mill. The Dindigul Fire Department was immediately informed, and firefighters rushed to the spot. With the help of two fire tenders, the fire was brought under control after over an hour of efforts.
New Delhi [India], September 11: True Colors Limited, a prominent name in digital textile printing solutions and fabric processing, has officially announced its plans to launch an Initial Public Offering (IPO) in the coming months. With this strategic move, the company aims to drive its ongo
The CM held one-on-one meetings with top industrialists, discussing potential investment opportunities and business partnerships across key sectors, including textiles, apparel, IT, ESDM, manufacturing, food processing, and renewable energy.
The textile industry in India urgently requires an incentive cushion as the recently imposed 50 per cent tariffs by the United States are too steep for exporters to absorb, according to a recent report by Emkay Research.
New Delhi [India], September 9: Thakur Exclusive, a legacy brand in ethnic wear manufacturing, is on a bold mission to become India's largest women's ethnic wear wholesaler, with a targeted turnover of ₹400 crore in the coming year. From its roots in Delhi's vibrant Fatehpuri, Chandni Chowk
Union Minister of State for External Affairs and Textiles Pabitra Margherita praised singer and musician Bhupen Hazarika on his 100th birth anniversary on Tuesday.
Industry bodies and experts have welcomed the government's announcement of GST 2.0, calling it a move that will simplify the tax system and reduce the burden on consumers, ultimately giving a push to the economy. Speaking to ANI, representatives from various sectors affected by the recently