Budget 2023: Textile industry angles for changes in import-export leviesThe textile industry is hoping for a removal of the 11% import duty on cotton and cotton waste to remain competitive against Bangladesh, am...
Apparel exports arrest fall, rise by 11.7% in November: AEPC ChairmanApparel Export Promotion Council (AEPC) Chairman Naren Goenka said that exports of ready-made garments (RMG) from India witnessed a rough p...
On the cards: PLI-type scheme to replace textile tech fundThe threshold for textile manufacturing units to be eligible for sops under the proposed scheme would be investment in plant and machinery ...
Work starts on ₹16,600-crore scheme to boost manufacturing in textiles, may be announced in BudgetThe textile ministry has proposed investment and value-addition linked incentives under the scheme. Incentives for technology transfer in c...
Textiles ministry notifies extension of scheme to rebate taxes on garment exportsGarment exporters will continue to get rebate on central and state taxes on their outward shipments as the government has decided to extend...
Rs 6,700 cr released under Amended Technology Upgradation Fund Scheme between FY16 and FY20The government has released a total of Rs 6,717.18 crore under the Amended Technology Upgradation Fund Scheme (ATUFS) during 2015-16 to 201...
Budget 2019: Textiles Ministry FY'20 allocation pruned to Rs 5,831.48 croreBesides, a provision of Rs 1,000 crore has been made towards the Remission of State Levies (ROSL) as compared to Rs 3,663.85 crore in the r...
Invest in tech: Know more about the Technology Upgradation Scheme for textilesAmended Technology Upgradation Scheme (ATUFS) provides invaluable support to an apparel manufacturer and exporter in upgrading his producti...
Govt relaxes norms of amended TUF schemeThe amendments will be effective from January 13, 2016, when government had notified the A-TUFS which provides one-time capital subsidy for...
Government working on proposal to set up 'Hastkala Academy'Irani said an amended technology upgradation fund scheme (ATUFS) is in place for the textiles industry, which as become effective from Janu...
Government unlikely to settle Rs 3,000 crore dues of 'blackout' periodFor those who had invested during those 10 months of blackout period were left out and are awaiting a decision on the eligibility of TUF sc...
Textiles sector to get relief as government begins settling duesCITI Secretary General Binoy Job said the quantum of liabilities under the blackout and left-out period cases was around Rs 3,000 crore.
Govt to resolve committed liabilities of Rs 3,000 cr under TUFS"We are working towards resolving the issue of blackout and leftout period cases," Union Minister Santosh Gangwar told PTI.
Amended TUF plan to boost investment in textile sector: India RatingsThe Cabinet Committee of Economic Affairs had last week cleared the ATUFS for the textile sector which is witnessing sluggish investments.
New scheme A-TUFS to create 30 lakh textile jobs, says government"A-TUFS would enable the textile industry to ease its financial position and also plan investments," said M Senthilkumar.
Approval of ATUFS will boost textile exports: FicciFicci said that approval of the amended technology upgradation fund scheme (ATUFS) would help boost textile and apparel exports.
Government approves amended TUF Scheme, to create over 3 million jobsThe Cabinet Committee on Economic Affairs approved the Amended Technology Upgradation Fund Scheme (ATUFS) on Wednesday.