CMAI
People

New Labour Codes To Have Mixed Impact On Garment Industry: CMAI

The industry body says that it will be beneficial to small units typically employing less than 300 workers, as they will not need prior government permission for lay-offs and retrenchments

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Indian Apparel Retailers Face Sluggish Q1 Sales Due To Lower Disposable Incomes & High Base
Companies Consumer Fashion & Lifestyle

CMAI Warns Of ‘Body Blow’ To Garment Manufacturers Ahead Of GST Meet

The body says that if the domestic sector is also hit by such an unprecedented price increase in large product categories, it will spell the death knell for the industry

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High Shipping Costs, Shipments' Delay, Red Sea Woes Hit Textile Exports
Companies Consumer Economy

CMAI Urges Centre For Uniform 5% GST To Fortify Domestic Textiles

The association says that keeping textile products along with products like electronics, mobile phones under the same GST slab would not be consistent from an overall economic rationale

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High Shipping Costs, Shipments' Delay, Red Sea Woes Hit Textile Exports
Government National News

CMAI Seeks Amendment In MSMEs’ Credit Structure

The Clothing Manufacturers Association of India (CMAI) has expressed appreciation for the Government of India’s efforts in introducing the MSME Payment amendment to the Income Tax under Section 43 (b) (h) to tackle issues of delayed and non-payment faced by the MSME sector. However, the amendment has led to significant adverse consequences for the domestic […]

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