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The increase of the 5% limit for garments from ₹1,000 each to ₹2,500 is a positive move, said the Cloth Manufacturers Association of India (CMAI). File | Photo Credit: The Hindu The textile industry, which welcomed the revision of GST rates for the textile value chain in both manmade fibre and cotton sectors, expressed disappointment…
Workers inspecting garments at a knitwear export unit in Tiruppur. File | Photo Credit: SIVA SARAVANAN S Apparel exports continued to grow, registering an 11.84% year-on-year increase in July 2024. While textile exports last month remained almost the same at $ 1660.36 million as against $ 1663.06 million in July 2023, apparel exports were $…
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