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Indorama Synthetics

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MMF industry seeks excise duty cut to 8% from 12%

The Indian Textile Industry is one of the key and integrated industries in the Indian economy. It is the largest employer after agriculture. It employs approximately 35 million people directly and......

Textiles: Slash excise duty on MMF

The Indian textile industry has an overwhelming presence in economic life of the country. As per the data in FY09, it constitutes 14% on Industrial production, 4% to GDP and 17% to country's export......

Textiles: Remove customs, excise duties on inputs

Exemption of excise and customs duty on liquid fuels, abolition of service charge, rescheduling of loans for all textiles and clothing units will reduce pressure on the industry and will help to......

Textiles: Cotton yarn producers to gain

As expected earlier, Union Budget has touched on the points for the relief of Textile Industry. However, it has left a mixed bag of impression in the industry players but also addressed its needy......

Textiles: Remove customs and excise duties on MMF

The textile sector is seeking removal of customs and excise duty on MMF and their inputs, and also on the liquid fuels used as feedstock for their captive power plants The Indian Textile Industry......

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