The textiles ministry is pushing for keeping the industry in the lowest slab of the proposed Goods and Services Tax (GST) and has pitched a proposal to the Finance Minister, according to media reports. "GST is important, and we are trying ...
The 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
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
India and the European Union will resume talks in August after a two-year gap on the proposed free trade agreement for boosting two-way commerce and investment, the media has reported. "Sometime in August, the EU chief negotiator will ...
Tags: two-way commerce, FTA, GSP
The 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
India’s textile and garment exports registered an almost flat growth at $41.4 billion in 2014-15, against $40.8 billion in the previous fiscal, falling short of this year’s target of $45 billion, according to media reports. ...
Tags: Garment Exports, Textiles Exports
The export of textiles and garments from Sri Lanka increased by 9.4 per cent to US$ 4.929 billion in 2014, compared to exports of $4.508 billion made in 2013, according to the data from the Economics Research Department of the Central Bank ...
Tags: Textiles Exports, Garment Exports
Tamil Nadu-based Akshaya Textile, one of the leading home furnishing textiles exports house from the textile city of Karur, is going to showcase its products at the 5th edition of the India International Handwoven Fair (IIHF), scheduled for ...
Tags: Akshaya Textile, Handwoven Fair
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
A large number of textiles exporters are facing a huge financial crunch due to substantial delay in getting duty drawback since the last five months from all the major ports. According to Shri Manikam Ramaswami ,Chairman, “The ...
Tags: textiles, Textiles Export
Toray Industries is expected to report a 30% jump in group?operating profit for last quarter, which saw solid performance in textiles and growth in carbon fiber composites. But with other segments missing targets, the Tokyo-based ...
Tags: Electrical, Electronics
The exports of textiles and clothing stagnated in 2012, according to the ‘International Trade Statistics 2013’, published by the World Trade Organization (WTO). The report states that half of the world’s top ten ...
Tags: Textiles, Clothing Exports
Speaking at the Textile Conclave 2013, Chairman, AEPC said that India’s garment exports would be touching 60 US $ billion in the next 3 years, with the help of Government support. The one day Textiles Conclave 2013 is organized by ...
Tags: Garment Exports, Textile
The Cotton Textiles Export Promotion Council (TEXPROCIL) will be releasing a Benchmarking Study of Production Costs in India vis-à-vis Bangladesh, China, Egypt, Indonesia, Pakistan and Turkey at a function to be held at Hotel Le ...
Tags: Multi-Country Production, Textile
Apparel Export Promotion Council, under the aegis of Ministry of Textiles, Government of India and in active collaboration with Embassy of India, Japan, participated with 136 companies, constituting over 20% share in overall participation ...