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Fabrics
& Garments
 Industry
welcomes FM’s decision on powerlooms, garments
The finance minister, Mr Jaswant Singh, with the passage of
the Finance Bills, has exempted from excise duty unprocessed fabrics
and unbranded, woven and knitted readymade garments up to the first
clearance of Rs 25 lakh manufactured by handlooms with a turnover
of Rs 30 lakh.
Ranjit
Silk Mills introduces new range of school uniform fabrics
Mumbai-based Ranjit Silk Mills has launched a new range of school
uniform fabrics for the coming academic year, under the brand name
‘Darshan’s Valji’.
Walmart,
GAP keen to make India sourcing hub
US retail chain major Walmart and garment majors including GAP
are keen on making India their sourcing hub with the former targetting
US$ 5 billion worth of sourcing by 2010, the Union textiles minister
Mr Kashiram Rana said.
‘Worldwide
customer satisfaction is the key to success’
The textile industry is a predominant industry in Karnataka,
which is also a major silk producing and exporting state.
KVIC’s
biggest showroom being given a facelift
The Khadi and Village Industries Commission’s (KVIC) biggest
showroom in the national capital, which once played host to Queen
Elizabeth and Duke of Edinburgh, is being given a facelift at the
cost of about Rs 2.5 crore.
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