Top office bearers of a Mumbai-based top textile trade body recommend that the Foreign Trade Policy (FTP) should offer logic-based incentives as opposed to lobbying-based, but strictly in accordance to the stated objectives. This, they ...
Tags: FTP, Incentives, Textile
Top office bearers of a Mumbai-based top textile trade body recommend that the Foreign Trade Policy (FTP) should offer logic-based incentives as opposed to lobbying-based, but strictly in accordance to the stated objectives. This, they ...
Tags: FTP, Apparel, Accessories
The Government of India is considering the idea of linking handloom fabric weaving with the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) to protect the interest of the weavers, Minister of State for Textiles Santosh Kumar ...
Tags: Govt, Apparel, Accessories
The Embassy of Honduras in Spain organized a high-level forum to promote the textile and other industries of the Central American country in Spain, in view of the European Union-Central American Association Agreement (EU-CAAA), the trade ...
Tags: Textile
The New Delhi-based Garment Exporters Association (GEA) has sought five percent increase in duty drawback rate and capping of interest rate at seven percent, in its recommendations sent to the Ministry of Textiles, Government of India. ...
Tags: Textiles, Garment Exporters
India has improved its ranking as per the recent data released by ‘UN Comtrade’ in Global Textiles as well as Apparel Exports. In Global Textiles Exports, India now stands at second position beating its competitors like Italy, ...
Tags: Textile Exporter, Textile
Reacting on the apparel exports data, for the month of April 2014-15, Mr. Virender Uppal, Chairman AEPC, remarked, “This is the first month of the 2014-15 and Apparel Exports have recorded the growth of 14.33% compared to the April ...
Tags: April Apparel, Apparel Exports
The U.S. textile industry has seen a surge in foreign direct investment over the past 8 months. No less than 8 foreign companies have made public announcements over that period to invest more than $700 million in new U.S. textile facilities ...
Tags: Textile Sector, Yarn-Forward Rule
Chairman AEPC, Mr. Virender Uppal, welcomed the move to extend the 2% duty credit scrip under the Market Linked Focus Product Scrip (MLFPS) for RMG sector (2% Duty credit scrip, HS 61 & 62) to EU and USA for exports from 01/04/2014 till ...
Tags: global markets, Apparel
The exports of textiles and apparel from India are likely to miss the target of US$ 43 billion set for the current financial year by about $1 billion, Textiles Minister K Sambasiva Rao has said, Business Standard reported quoting PTI. ...
Tags: Indian Textile, Textile Exports, Apparel
The predominantly cotton based Indian textile industry, particularly Tamil Nadu textile industry which accounts for 47.5% of the spinning capacity, has been facing several challenges during the last five years on raw material front, ...
Tags: Cotton Prices, Spinners
The U.S. wheat industry welcomes the introduction of legislation to grant the President of the United States trade promotion authority (TPA). “We are pleased to see bipartisan support for trade promotion authority and hope Congress ...
Tags: TPA, USW, NAWG, trade policy
U.S. corn exports to Latin America continue to grow. According to the USDA, the Western Hemisphere's accumulated U.S. corn imports are more than 67 million bushels ahead of last year at this same time. Mexico, the second-largest U.S. corn ...
Tags: Corn Imports, Food
Members of the U.S.Biotech Crops Alliance,a collaborative effort to improve the environment for technology innovation and the market for U.S.crops produced through modern biotechnology,met in Washington this week to discuss recent progress ...
Tags: US Biotech Crops Alliance, US crops, modern biotechnology
Timely action by the U.S. Grains Council, the U.S. Department of Agriculture and the U.S. Trade Representative averted a patently protectionist seasonal market closure in Panama, keeping this important market open for U.S. corn exports. ...