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Foreign Trade Policy
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TEXPROCIL Welcomes The Inclusion of Exports of Cotton Fabrics
Jul 24, 2015The Cotton Textiles Exports Promotion Council (TEXPROCIL) has welcomed the inclusion of exports of cotton fabrics - both woven and knitted - to Bangladesh and Sri Lanka under the Merchandise Exports from India Scheme (MEIS), according to a ...
Tags: Cotton Textiles, Textiles
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AEPC Has Requested The Indian Government to Look Into Its Demands Favourably
Jul 14, 2015Virender Uppal, chairman Apparel Export Promotion Council (AEPC) has requested the Indian Government to look into its demands favourably. The AEPC has demanded inclusion of 2 per cent fabric within 5 per cent overall entitlement under ...
Tags: fabric, Apparel Export Promotion Council, garment industry
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The Commerce and Industry Ministry Has Launched The Facility for Online Payment
Jul 13, 2015The commerce and industry ministry has launched the facility for online payment of application fees through credit or debit cards and other electronic fund transfers, according to a government statement. The facility of online payment was ...
Tags: textile manufacture, DGFT
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Removal of Benefits on Exports to Africa Will Affect Shipments of Value
Jun 19, 2015The cotton textiles export promotion council (TEXPROCIL) has said that the removal of benefits on exports to African countries in the new foreign trade policy will affect shipments of value added products like cotton dyed and printed ...
Tags: cotton textiles, Textile
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FIEO Seeks Govt Support to Improve Exports
Apr 24, 2015The Federation of India Export Organisations (FIEO) wants government backing to arrest falling exports.FIEO president SC Ralhan said the trade data for the month of the March, 2015 showed a decline of over 21 per cent in exports and close ...
Tags: Govt Support, Falling Exports
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FTP Still Draws Mainly Negative Reactions
Apr 8, 2015While two more textile export bodies have criticised the Foreign Trade Policy, a shoes and apparel major has welcomed it. Over the last week, several textile trade bodies have slammed the new policy for ignoring their concerns. Apparel ...
Tags: AEPC, Negative Reactions, Apparel
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Textile Trade Bodies Slam New FTP
Apr 7, 2015The new Foreign Trade Policy has come under fire from two major textile trade bodies. The Confederation of Indian Textile Industry or CITI says the new policy has not provided any additional benefits to the textiles sector, though measures ...
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Exporters Interest Subvention Scheme
Apr 7, 2015Exporters from select labour intensive sectors will be able to access cheaper credit soon as the government prepares to reintroduce an interest subvention scheme in the next couple of months, according to media reports. “The ...
Tags: select labour intensive sectors, interest subvention scheme, Textile
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India to Release a Strategy Paper Mentioning The Ways to Increase Competitiveness
Mar 27, 2015The Ministry of Commerce, Government of India, will soon release a strategy paper mentioning the ways to increase competitiveness of Indian textiles in export markets. The competitiveness of Indian textiles in global markets is ...
Tags: strategy paper, export markets
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It Is Time to Remove The 'Uncalled-for Protection' From The Textile Industry
Mar 2, 2015It is time for the Government of India to liberalise policies and remove the ‘uncalled-for protection’ from the textile industry in the form of anti-dumping duties and certification requirements, which will eventually help in ...
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Textiles Has The Lion's Share in India's Exports From Labour Intensive Sectors
Dec 15, 2014Textiles has the lion’s share in India’s exports from labour intensive sectors, according to data from the Directorate General of Commercial Intelligence and Statistics (DGCI&S), Kolkata, under the Ministry of Industry and ...
Tags: Labour Intensive, textile sector
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Knitwear Exports Increased at 13.35 Percent Year-on-Year During April-September 2014
Nov 18, 2014Knitwear exports from the south Indian textile hub of Tirupur registered revenue of Rs. 10,050 crores in the first six months of the ongoing fiscal year 2014-15, growing at 16 percent compared to exports of Rs. 8,650 crores during the ...
Tags: Tirupur Knitwear Exports, Foreign Trade Policy, Apparel
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Knitwear Exports Increased at 13.35 Percent Year-on-Year During April-September 2014
Nov 18, 2014Knitwear exports from the south Indian textile hub of Tirupur registered revenue of Rs. 10,050 crores in the first six months of the ongoing fiscal year 2014-15, growing at 16 percent compared to exports of Rs. 8,650 crores during the ...
Tags: Tirupur Knitwear Exports, Apparel
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Ministry of Textiles Has Fixed an Export Target of USD 45 Billion for Textile Products
Aug 13, 2014The Ministry of Textiles has fixed an export target of USD 45 billion for textile products for the year 2014-15, in consultation with the Industry. The target has not been revised. Exports of textile products are supported through ...
Tags: Textile Export, Textiles
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FTP'offer Should Strictly in Accordance to The Stated Objectives
Aug 13, 2014Top 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