ITAMMA's seminar on govt schemes

摘要

SSenthilkumar, President, ITAMMA in his welcome speech mentioned that Government of India has recently proposed a drive in favour of indigenous manufacturing and taking several policy decisions to make its 'Make in India' campaign successful; where changes have been made in import and export duty structures as well as excise and other areas which will help the textile engineering industry to make the business at ease. As per the Union Budget 2015-16, the Government has offered benefits of capital goods manufacturing in India with investment allowance at 15 per cent to a manufacturing company with investments more than Rs 25 crore in new plant and machinery.