Articles tagged under: Textiles

GST on textile job works through entire chain now at 5% ; e-way bill provisions finalised in GST council meet

August 05, 2017
GST on textile job works through entire chain now at 5% ; e-way bill provisions finalised in GST council meet

New Delhi: The GST rates on textile job works like stitching and embroidery, and tractor parts were on Saturday cut while e-way bill provisions relating to online pre-registration of goods before transportation were relaxed. The all-powerful GST Council, headed by finance minister Arun Jaitley and comprising representatives of all states, decided to tax all job works in the textile sector, from embroidery to weaving, at 5 per cent instead of previously decided 18 per cent. This 5 per cent ...Read More

Textile Sangharsh Samiti dissolved, leader Tarachand Kasot faces heat for failed agitation, misleading the traders

July 19, 2017
Textile Sangharsh Samiti dissolved, leader Tarachand Kasot faces heat for failed agitation, misleading the traders

Surat: Tarachand Kasot who wasted 19 days of textile industry of Surat for something which was clearly impossible to achieve has been kicked out of the GST Sangharsh Samiti - an agitation body which announced strike in textile markets. The Samiti has also been disbursed. Samiti's meeting was held in Textile market's board room yesterday in which Samiti member Dhanpat Jain revealed that Kasot had taken the Samiti members to Delhi to meet Finance minister Arun Jaitley without any confirmation ...Read More

Textile merchants decide to continue their indefinite strike, to be pan-India from tomorrow

July 11, 2017
Textile merchants decide to continue their indefinite strike, to be pan-India from tomorrow

Surat: The indefinite strike of textile Industry since July 1 to protest the implementation of GST in Surat and elsewhere in Gujarat and across the country would continue, the convener of Textile Bachao Sangarsh Samiti of Surat, the outfit leading the indefinite strike of the textile industry in this textile hub city of South Gujarat Tarachand Kasat today informed. He said that a meeting of the textile traders was held here to discuss the assurances of the state government given durin...Read More

Lathicharge over protesting faction of Textile traders in Surat

July 03, 2017
Lathicharge over protesting faction of Textile traders in Surat

Surat: Thousands of traders and workers who are into textile business today morning gathered outside the Millennium market in ring road area of Surat to oppose the Goods and Service Tax(GST)imposed by Centre on 1st July. While one set of traders who are in number of around 1,000 were ready to open their shops discontinuing the protest, the other set of traders in similar number were opposing any move to reopen the market. Protesting group of traders were chanting slogans against Navsari Lok Sabh...Read More

Textile India 2017: Irani hails Gujarat as best place for textile Industry, 65 MoUs singed on day 2

July 01, 2017
Textile India 2017: Irani hails Gujarat as best place for textile Industry, 65 MoUs singed on day 2

Gandhinagar: Altogether 65 MoU's were singed on the second day of the ongoing mega trade Fair- Textile India 2017 here today. The event was inaugurated by PM Narendra Modi yesterday. All the MoUs pertaining to textile sector were signed in the presence of Union Textile Minister Mrs Smriti Irani and Union Minister of State for Textile Ajay Tamta between various domestic and international organisations from industry and government; three of the MoUs signed are G2G MoUs. ...Read More

Live: Inauguration of Textile India 2017 by Prime Minister Narendra Modi in Gandhinagar

June 30, 2017

Gandhinagar: Live in video here is inaugural function of Textile India 2017 at Mahatma Mandir in Gandhinagar in presence of Prime Minister Narendra Modi, Chief Ministers Vijay Rupani and Chandrababu Naidu and Textile minister Smriti Irani along with giants of Indian Textile industry.Read More

PM inaugurates Textile India 2017 exhibition in Gandhinagar, takes a round of stalls

June 30, 2017

Gandhinagar: Prime Minister Shri Narendra Modi joined by Chief Minister Rupani, Andhra Chief Minister Chandrababu Naidu and union textile minister Smriti Irani visited the Textile India 2017 exhibition at helipad in Gandhinagar after inaugurating it. Presented is video of his visit. Textile India 2017 is being participated by 2500 international buyers, more than 1,000 international and domestic exhibitors, 15,000 domestic visitors. The trade fair is spread over 78,000 sqm area. It has 13...Read More

Textile traders across Gujarat starts 3-day bandh as part of pan-India agitation against GST

June 27, 2017
Textile traders across Gujarat starts 3-day bandh as part of pan-India agitation against GST

Ahmedabad/Surat: Textile traders across Gujarat including in their hub Surat have shut their establishments from today as part of the three day pan India strike of the textile industry to protest against the 5% GST and other provision of the new tax regime. Around 175 markets in Surat are completely shut and over 75000 traders associated with the textile Industry are on strike. The convenor of Surat Textile Sangarsh Samiti, Tarachand Kasat said that there should clarity on tax impositio...Read More

Textile, food-grain and kirana markets across Gujarat remain bandh over GST

June 15, 2017
Textile, food-grain and kirana markets across Gujarat remain bandh over GST

Ahmedabad/Surat/Rajkot: Textile and food-grain markets along with dry fruit merchants' establishments and shops remained closed across Gujarat today to protest against various provisions of Goods and Services Tax (GST) which was going to be implemented from July 1 Around 175 markets in textile capital Surat remained completely shut and over 75000 traders associated with the textile Industry remained on strike of sorts the whole day. The convenor of Surat Textile Sangarsh Samiti, Ta...Read More

Gujarat headquartered Globe Textiles files for maiden IPO; issue opens June 12

June 05, 2017
Gujarat headquartered Globe Textiles files for maiden IPO; issue opens June 12

Ahmedabad:Globe Textiles India Ltd. (GTIL), an Export House of Textiles, Fabrics and Garments based out of Ahmedabad, has received approval on DRHP filed for its maiden Initial Public Offer to list on the NSE-EMERGE platform to raise Rs 137.1 million. The issue opens on June 12 and closes on June 15. The net proceeds will be channelized to meet working capital requirement, will be utilized for general corporate purposes and meet issue expenses. The issue will combine 13, 68,000 fresh ...Read More

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