MSME Payment Rule
Eid Boom: Ahmedabad Textile Market Thrives On High Demand, Low Cotton Prices
National News

Eid Boom: Ahmedabad Textile Market Thrives On High Demand, Low Cotton Prices

With Eid-ul-Fitr fast approaching, the textile market in the city is abuzz with activity, fueled by high retail demand and indicating a bullish trend for the upcoming festival season. Traditionally, order cycles run around four months ahead of each season, and processing houses in Ahmedabad, a prominent cotton textile hub, boast capacities capable of producing […]

Read More
Manufacturing National News States

Garment Manufacturers Face 40% Drop In Orders Amidst Tightened 45-Day Payment Rule For MSMEs

The ready-made garment manufacturing units in Indore have experienced a decline of over 40 per cent in orders compared to the corresponding period leading up to the peak demand season, which commences with Eid. This downturn is attributed to the 45-day timely payment obligation for Micro, Small, and Medium Enterprises (MSMEs). Starting the new financial […]

Read More