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Fabrics
& Garments
 LENZING
makes a big splash at Texworld
Wolrd cellulose fibre technology leader, Lenzing AG, Austria,
has very successfully participated in the internationally renowned
fabric show Texworld which concluded in Paris on Feb 14.
Export
industry asks govt to declare exports national priority
Stressing on the role of exports in the country’s overall
economic development, the industry has asked the government to declare
it a national priority while seeking a growth-oriented Exim policy
with a new export promotion scheme to reimburse indirect local taxes.
PHDCCI
calls for examining Chinese model for textile industry
The Indian textile industry should learn from the Chinese growth
model while trying to adjust itself in the situation arising due
to the phasing out of global quantitative restrictions on textiles,
the PHD Chamber of Commerce and Industry has said.
Enamor
brand lingerie launched
Gokaldas Intimatewear has launched Enamor, a new lingerie brand
aimed at capturing 20 per cent share during the first year of the
Rs 160 crore high-end branded lingerie market in the country.
Khadi
and Village Industries seek VAT exemption
The Khadi and Village Industries Commission (KVIC) sought exemption
on its products from the value added tax proposed to be levied from
next month and said it will approach all state governments as well
as the Centre on the exemption issue.
Benetton
clothing to carry tiny tracking transmitters
Clothes sold at Benetton stores will soon contain microchip
transmitters that allow the Italian retailer to track its garments
from their point of manufacture to the moment they’re sold
in any of its 5,000 shops.
Budget
sops to make quality textile goods affordable: ICMF
Tax benefits, including import duty cuts, announced in the Union
budget and plans for retiring high cost debt will make textile goods
cheaper, improve competitiveness and attract foreign direct investment
in this sector, the Indian Cotton Mills’ Federation (ICMF)
chairman Mr Chintan Parikh said.
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