People are now following the slogan - ‘go green’. Environmental hazards and degradation has taken place at incredible rates, which is leading towards the depletion of our atmosphere. For decades we did ...
India’s garment exports to the world have grown by 21.15 percent from US$ 10.685 billion in 2008 to US$ 12.945 billion in 2012, while China’s apparel exports during the same period have grown by 31.21 percent from US$ 113.021 ...
Tags: garment exports, garment, apparel exports
Chairman AEPC, Dr. A Sakthive, in the proposal presented, to Shri Anand Sharma, the Union Minister for Commerce, Industry & Textiles, has made submission for increasing the garment exports to US $16 billion in 2013-14. The meeting was ...
Tags: AEPC, garment exports, garment
With reference to reports appearing in sections of the Bangladeshi media, this is to clarify that no new Countervailing Duty (CVD) has been imposed in the Indian Union Budget 2013-14 on Ready Made Garment (RMG) imports into India. The CVD ...
Tags: Indian Embassy, CVD, Bangla Apparel Exports
Several international retail brands are planning to invest in Indian textile sector as the Central Government has announced many incentives, including tax exemptions, to the textile and garment industry in the Union Budget 2013-14. ...
Tags: FDI, Indian Textile Sector, textile
As per the latest available data released by WTO Secretariat for the calendar year 2009, 2010 and 2011 the share of Indian textiles and clothing exports in World’s exports were 3.98% , 3.98% and 4.11% respectively and has not been ...
The Intimate Apparel Association of India (IAAI) expresses its gratitude to the Hon. Finance Minister of India, Shri. P. Chidambaram for his move of rolling back excise duty from the ensuing financial year. The Centre had levied 10% central ...
The zero excise duty on cotton textiles at fibre, yarn, fabric and garment stages announced in the Union Budget 2013-14 will help reduce prices of end products, according to India Ratings & Research (IRR), a Fitch Group Company. The ...
Tags: cotton textiles, fibre, yarn, fabric, garment stages
Shri P. Chidambaram, Shri Manikam Ramaswami, Chairman, TEXPROCIL said “The Budget has addressed many of the issues faced by the textiles industry”. The Budget has restored the “Zero duty excise duty route” for cotton ...
Tags: Budget Positive, Growth Oriented, Texprocil, textiles industry
The Union Minister for Commerce, Industry & Textiles Shri Anand Sharma has welcomed the announcements made by the Finance Minister on textiles sector in his Budget Speech. Shri Sharma, while delivering the keynote address during the one-day ...
Tags: Textiles, Shri Anand Sharma, textiles sector
Indian textile and apparel manufacturers are expecting boost for the sector as Union Budget 2013-14 has opened new opportunities for investments in the domestic as well as international market with reduced excise duty on branded garments, ...
Dr A Sakthivel, Chairman, AEPC welcomed the announcement of Union Budget on the RMG garment industry. He thanked the Hon’ble Finance Minister in accepting the demand of the industry to restore the ‘zero excise duty ...
Tags: AEPC, Branded Apparels, RMG garment industry
On behalf of the entire Domestic Garment Industry, CMAI extends its sincere thanks to the Hon. Finance Minister, Sh. P. Chidambaram, for having heard our pleas to Remove the Excise Duty from Branded Readymade Garments. The Industry, as ...
Tags: CMAI, Branded Garments, Textiles
The Indian textile industry, employing over 100 million people directly and indirectly has been looking for various schemes and assistance in the Union Budget 2013-14 to regain its global competitiveness which faced the worst ever crisis in ...
Tags: textile industry, Union Budget, SIMA
The Union Budget 2013-14 presented by the India’s Finance Minister P Chidambaram has brought cheer for the textile and garment industry as the Central Government has accepted their long standing demand for removal of excise duty on ...
Tags: India, Textile Sector, Garments