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Corporate wear:
A big business
Suddenly, there is too much talk in the textile industry about the
formal wears for the executives.
CII seeks manufacturing
policy in states
There should be more thrust on the manufacturing sector and each
state should draft a manufacturing policy, said Mr K K M Kutty,
chairman, CII, southern region.
Govt rules out ban
on cotton exports
The government has ruled out any ban on cotton exports to stabilise
domestic prices as the commodity is being increasingly diverted
to take advantage of soaring global prices.
Hike in import duty
on cotton demanded
The Maharashtra minister for state for excise and NCP leader, Mr
Anil Deshmukh has urged the Centre to hike import duty on cotton
to curb its imports and to push procurement of local produce.
Textiles ministry
for more sops in budget
The textiles ministry will press for more tax sops in the budget to
enable modernisation of the obsolete industry to face the challenges
arising with the dismantling of quotas by end 2004. |