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2015-03-25 11:00:00
Textile firms setup over denial of third party exports benefits under EPCG
Textile entrepreneurs are setup over the denial of permission for ‘third party exports’ for satisfying the export obligations under Export Promotion Capital Goods (EPCG) Scheme in
2020-01-31 09:03:36
The Indian textile industry looks forward to new financial allocation in Union Budget
Indian textiles industry is expecting the Union Budget 2020-21 to be more focused with new financial allocations to strengthen the sector, especially the MSME segment. Union finance minister Nirmala
2017-12-07 16:00:00
Govt in its mid term FTP 2015-20 review announces new measures to boost trade
The Indian government in its mid-term review of Foreign Trade Policy (FTP) 2015-20 has announced a slew of new measures will be boost trade facilitation and ease of doing business. Union Commerce and
2017-10-10 10:00:00
Latest revision of GST rates welcomed by textile industry
The Country’s finance minister Arun Jaitley on Friday announced latest revision in the goods and services tax (GST) rates. Tax rates on man-made yarn is reduced from 18 percent to 12
2017-02-16 10:00:00
AP signs twelve MoUs with different firms for setting up textile units
The Andhra Pradesh Government is trying to push the entrepreneurs of textile sector in a big way to make best use of the benefits offered by the state and as well as the special textile package
2017-01-11 14:00:00
Textile industry wants to be placed in the lower slab of GST
At a meeting held with textile minister Smriti Irani in New Delhi, the Tirupur Exporters’ Association president Raja M Shanmugham said that because of its MSME dominant nature and the slender
2015-10-12 12:00:00
Textile industry wants govt to low tariffs or duty free access to boost exports
The Indian textile industry has started facing problem as competing nations like Pakistan, Vietnam, Cambodia, South Korea, Bangladesh started getting larger benefits and open window market access.
2015-03-20 20:30:00
WTO members urge India to cut off export subsidies on textiles, apparel
In the WTO subsidies committee meetings, the WTO member countries, in particular the US supported by European Union, Turkey, Japan and others have asked India to phase out of export subsidies on
2015-02-17 16:30:00
India to continue sops for textile exporters despite US demand to do away immediately
Washington argues that New Delhi no longer qualifies to give concessions for textile exporters under the World Trade Organisation (WTO) rules as it attained export competitiveness in the textile
2014-07-26 10:00:00
Govt decides export target of $45 bn for textile products same as last year
The Ministry of Textiles has fixed an export target of USD 45 billion for textile products for the current year 2014-15, after discussion with the Industry. In fact, there is absolutely no change
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