Exports of cotton from India to China fell to 26 lakh bales in financial year 2014-15, showing a sharp fall of 56.72 per cent compared to 61 lakh bales exported in the previous financial year, according to the Indian Government. The lower ...
Tags: textile manufature, cotton, cotton export
The commerce ministry is considering interest subsidy benefits for textile sector including garments to arrest falling exports, according to media reports. The interest subvention scheme of 3 per cent ended on March 31, last year. Under ...
Tags: Textiles Sector, subsidy benefits
The 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
The Government of India has raised the rate of interest subvention for credit obtained by exporters from the present 2 percent to 3 percent, in view of persistent demand to both increase the rate of subvention and also to widen the ...
Tags: Indian Govt, Subvention Rate
Dr A Sakthivel, Chairman, AEPC has welcomed the increase in rate of interest subvention from 2% to 3 %. In his statement issued Dr. Sakthivel thanked Union Finance Minister Shri P Chidambaram and Union Commerce Minister Shri Anand Sharma. ...
Tags: AEPC Chairman, Apparel
CHINA'S steel industry faces increased oversupply pressure because exports are likely to continue falling in the second half of this year while growth in output may surge, an industry group said yesterday. Although production will remain ...
Tags: Steel mill