Author: Editorial Team

MoU signed between BUFT and NIFT India

BGMEA University of Fashion & Technology (BUFT) signed MoU with National Institute of Fashion Technology (NIFT), Ahemedabad, Gujarat on July 1, facilitating an academic exchange and faculty training programme. The MoU will extend the current agreement between the two universities for another five years. The agreement was signed by Founder Chairman, Board of Trustees of BUFT Muzaffar U Siddique and Textile Minister of Gujarat. The objective of this agreement is to encourage international cooperation, and strengthening two institutes in the following areas: NIFT will provide a semester study for BIFT students while BIFT will facilitate NIFT students to carry...

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AMI to host 12th apparel trade fair in Chennai

Apparel Manufacturers of India (AMI), the leading apparel group of manufacturers and traders, will conduct its 12th edition of trade fair in Chennai next month. After successfully wrapping up its last fair at Kochi, team AMI is all set to provide a larger and bigger platform to add meaning to the entire value chain of readymade apparel market in Tamil Nadu. The 3-day event will begin on August 1, in the presence of leading manufacturers and traders of readymade and unstitched garments of women’s, men’s and kids wear. Young and talented designers will be showcasing their styles and patterns...

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JCPenney building cutting-edge tech platforms in Bengaluru

In less than a year of opening its technology centre in Bengaluru, US retailer JCPenney has made it the hub of fundamental engineering solutions,one that works very closely with the tech team in Plano, US. Bengaluru: In less than a year of opening its technology centre in Bengaluru, US retailer JCPenney has made it the hub of fundamental engineering solutions, one that works very closely with the tech team in Plano, US. The $12.5-bn US retailer has 400 people in India now, with 100 of them part of its omni-channel strategy, building solutions that integrate multiple retail channels such...

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Khadi products may exempt from GST

Micro, Small and Medium Enterprises Minister Kalraj Mishra expressed hope that Khadi Producrs will be exempted from the GST which came into effect from July 1. Different khadi and village industries products attract GST of 5-12 per cent. Addressing a meeting of khadi institutions here, Mishra said that for the larger interest of weavers and spinners associated to khadi industry, the GST panel had started analysing the pros and cons of the new tax on various products. “Even the Finance Minister had assured me to give a GST exemption for the financial development of otherwise economically backward lot of...

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ITF and TEA representatives meet FM Arun Jaitley

Representatives of Indian Texpreneurs Federation (ITF) and Tiruppur Exporters’ Association (TEA) met Union Finance Minister Arun Jaitley to present three subjects—thank the FM and put forward two appeals on behalf of the industry. Jaitley listened patiently and asked feedback about the implementation of the Goods and Services Tax (GST) in ground level. The ITF and TEA representatives—PrabhuDamodaran, Raja Shanmugam, Krishna Kumar, and Shrihari—expressed sincere thanks from the industry for the fantastic work by GST Council and the Finance Ministry for lowest slab of 5 per cent without any exemption for cotton textile sector. On behalf of their sector, they...

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