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41. E-commerce leaders welcome key announcements in Budget 2024-25
(Apparel)
... CEO, Flipkart Group, states, the budget will help enhance India's human and organisational capital, remove supply chain bottlenecks and support MSMEs. The reduced TDS rate will free up working capital ...
Created on 24 July 2024
42. CMAI and RAI leaders praise Union Budget initiatives
(Apparel)
... MSMEs, due to eased bank credits and foreign investment opportunities. Import relaxations on raw materials and accessories for garment manufacturers were also welcomed for enhancing competitiveness in ...
Created on 23 July 2024
43. Indian textile, apparel & fashion industry stitches up budget wish list for growth
(Apparel)
... ciency. Skill development and MSME funding: Investing in skill development programs to bridge the skill gap and facilitating easier access to credit for MSMEs (Micro, Small and Medium Enterprises) are ...
Created on 10 July 2024
44. CMAI's NIGF 2024: Premier Garment Fair opens in Delhi
(Apparel)
...  Jain, Honorary Secretary - North, alongside other office bearers. Rajesh Masand, President of CMAI, highlighted the industry's potential for growth, emphasizing NIGF 2024's role in bolstering MSMEs  ...
Created on 11 June 2024
45. CMAI hosts North India Garment Fair 2024
(Apparel)
... commitment to supporting MSMEs and enhancing the garment trade in North India. He highlighted the event's crucial role in driving the growth of the domestic apparel industry, which is fueled by India's dynam ...
Created on 05 June 2024
46. CMAI Achievers Club hosts key sessions on digital marketing and branding
(Apparel)
... evers Club continues to empower apparel manufacturers and brand owners, fostering growth and innovation in the industry. The event was attended by over 60 MSME apparel brands and manufacturers, marking a signi ...
Created on 17 May 2024
47. CMAI FAB Show 2024 wraps up successfully, boosting textile industry
(Apparel)
... s, instilling confidence in the industry's trajectory. Against the backdrop of subdued demand and recent challenges, such as amendments affecting MSME payments, the FAB Show's triumph signals a revita ...
Created on 19 April 2024
48. Garment Industry in Crisis: New Payment Rule Sparks Alarm
(Article)
... Enterprises (MSMEs) that they claim poses an "existential threat" to the garment industry. Introduced as part of the MSMEs Development Act, Rule 43B(H) mandates prompt payment to small businesses by buyers ...
Created on 05 February 2024
49. India's Textile Crisis: Job Losses Loom as Exports Plummet
(Article)
... eak season, have drastically cut orders, their appetite dampened by economic woes.  The pain runs deep in Tiruppur, a haven for hundreds of labor-intensive MSME units. Shanmugam fears their impending clos ...
Created on 30 January 2024
50. AEPC Pushes for Budget Bonanza in 2024: Fashion For Growth
(Trade)
...  is a uniform 5% Goods and Services Tax (GST) rate across the entire Man-Made Fibre (MMF) supply chain. This move aims to ease the liquidity crunch faced by small and medium enterprises (MSMEs) under th ...
Created on 30 January 2024
51. Crisis Grips Indian Textile Industry: Echoes of the Past
(Article)
...  of the Indian Cotton Federation, paints a grim picture of the predominantly MSME-driven sector.  Factories across the textile value chain are shutting down, selling off equipment, or even resorting t ...
Created on 12 December 2023
52. MSME ...
(Tags)
MSME ...
Created on 11 February 2022
53. Logistics driven by e-com grows substantially
(Article tagged with: MSME)
08 November 2022, Mumbai: India’s e-logistics sector has a compound annual growth rate of 35 percent. It is one of the largest and fastest-growing logistics markets globally. The number of e-commerce ...
Created on 08 November 2022
54. Logistics Sector & its prospects
(Article tagged with: MSME)
16 November 2022, Mumbai: Thanks to new-age tech-enabled players who have entered India’s logistics arena, it is now easier for small- and medium-sized businesses to transport goods, and there is a drastic ...
Created on 16 November 2022
55. Ludhiana MSME Association: Apparel Sector seeks tech upgrade from the next Punjab government ...
(Article tagged with: MSME)
... the next Punjab government to equip them with the latest technology by starting new schemes. Harish Kairpal, president of Ludhiana MSME association, said, “The garment and textile industry of Ludhiana ...
Created on 18 February 2022
56. Ministry of Textiles: To provide subsidy support to Textile industry incling MSMEs through ATUFS & Powertex India ...
(Article tagged with: MSME)
10 February 2022, Mumbai: Ministry of Textiles has been providing subsidy support to textile industry, including Micro, Small and Medium Enterprises (MSMEs) and small textile manufacturing units across ...
Created on 10 February 2022
57. Mitra, principal chief adviser, West Bengal :GST hike for man-made fibre (MMF), Textiles to hit MSMEs & dampen demand ...
(Article tagged with: MSME)
28 December 2021, Mumbai: Mitra, currently a principal chief adviser to West Bengal CM Mamata Banerjee, said the new rate structure, to be effective from January 1, would lead to closure of around 1 ...
Created on 28 December 2021
58. MSME apparel makers face billions in losses, warns CMAI ...
(Article tagged with: MSME)
The Clothing Manufacturers Association of India (CMAI) predicts a staggering loss of Rs 5,000-7,000 crore for MSME apparel manufacturers in the January-March quarter. This forecast comes as a consequence ...
Created on 20 February 2024
59. Narendra Modi: MSMEs and textiles being Labour intensive sectors are our key pillars ...
(Article tagged with: MSME)
09 February 2022, Mumbai: Modi categorically laid a stress on the fact our government is staying sharply focused to MSMEs and textiles which are greatly labour-intensive sectors for fundamentally India ...
Created on 09 February 2022
60. On the Udyam platform, over 66 lakh MSMEs have registered, with 95% of them being micro companies ...
(Article tagged with: MSME)
...  the government is launching to help the MSME sector, which it regards as having significant potential to contribute to the country's overall economic growth. In July of last year, the Union Governme ...
Created on 02 February 2022