Latest News

Go Fashion (India) Limited, incorporated in 2010 and operator of the brand Go Colors, specialises in the design, sourcing, and retail of a wide range of products like leggings, palazzos, trousers, and jeggings.

The decision was taken at a meeting of the Project Approval Committee of the Bihar Industrial Area Development Authority (BIADA) under the state’s Industry Department.

Established on a 40-acre site the company is expected to produce 20 million garments a year for global markets and create 10,000 jobs, with women expected to make up 80% of the workforce.

The development comes as India’s textile industry faces mounting pressure from the West Asia conflict, with crude-linked inputs driving costs sharply higher and disrupting supply chains.

The debate centres on the current import duty of around 11% on cotton, reinstated from January 2026, which spinning mills and apparel exporters argue has exacerbated cost pressures amid a recent surge in domestic prices.

The instruction seeks to standardise the treatment of such transactions, specifying that goods cleared into the DTA from SEZ units after payment of customs duties will qualify as “imports” if they are later re-exported