Lack of clarity on DBK rate, ROSL to impact textile exports

Related Keywords: chairman, export of garments, impact Indian textile exports, lack of clarity on DBK, made up textile articles, P Nataraj, Rebate of State Levies, ROSL, SIMA, Southern India Mills Association, Textile Industry, unable to book orders

Coimbatore
Lack of clarity on DBK rate, ROSL to impact textile exports
Summary: 
The textile industry are unable to book orders due to lack of clarity on the duty drawback rate and Rebate of State Levies (ROSL) on export of garments and made up textile articles, and this could impact India’s textile exports, said P Nataraj, Chairman, the Southern India Mills Association (SIMA).

The textile industry are unable to book orders due to lack of clarity on the duty drawback rate and Rebate of State Levies (ROSL) on export of garments and made up textile articles, and this could impact India’s textile exports, said P Nataraj, Chairman, the Southern India Mills Association (SIMA).

For the textile industry second half of September could be a crucial period as the government is yet to give a mandate to the duty drawback committee on the revised duty drawback rate and Rebate of State Levies (ROSL).

http://www.thehindubusinessline.com/news/national/no-clarity-on-duty-drawback-rate-rebate-of-state-levies/article9860067.ece
0

Cotton crop estimated at comfortable position during the 2017-18 season

Related Keywords: 370 to 380-lakh bales of 170 kg each, confirmed jump in area under cotton, during cotton season, estimate cotton crop at comfortable position, facing heavy cash crunch, good number of mills, huge accumulation of yarn, ministry of agriculture, not working at optimal capacity, SIMA, Southern India Mills Association

Coimbatore
Cotton crop estimated at comfortable position during the 2017-18 season
Summary: 
The Southern India Mills Association (SIMA) is estimating the cotton crop at 370 to 380-lakh bales of 170 kg each at a very comfortable position during the 2017-18 cotton season.

The Southern India Mills Association (SIMA) is estimating the cotton crop at 370 to 380-lakh bales of 170 kg each at a very comfortable position during the 2017-18 cotton season.

Meanwhile, the Ministry of Agriculture has also confirmed that the area under cotton in 2017-18 season has jumped to 119.88-lakh hectares from 101.72-lakh hectares in the earlier season. The crop has continued to draw significant rainfall in areas that were deficient, and this in turn could improve the crop position.

http://www.thehindubusinessline.com/economy/agri-business/cotton-position-comfortable/article9846421.ece
0

SIMA sought measures to control practice of adulteration in cotton

Related Keywords: Alleging adulteration of cotton by ginners in Gujarat, control the practice, in the virgin cotton, industry to bring down the adulteration levels, mixing cotton waste, sought Textile Minister Irani's intervention, Southern India Mills Association, Union Textile Ministry should persist with Gujarat Government, with profit motive

Coimbatore
SIMA sought measures to control practice of adulteration in cotton
Summary: 
Alleging adulteration of cotton by ginners in Gujarat, Southern India Mills' Association sought Textile Minister Irani's intervention to control the practice. The Union Textile Ministry should persist with the Gujarat Government and industry to bring down the adulteration levels.

Alleging adulteration of cotton by ginners in Gujarat, Southern India Mills' Association sought Textile Minister Irani's intervention to control the practice. The Union Textile Ministry should persist with the Gujarat Government and industry to bring down the adulteration levels.

http://www.thehindu.com/news/cities/Coimbatore/SIMA-seeks-measures-to-bring-down-adulteration-in-cotton/article17033757.ece
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SIMA welcomes Union Textile Ministry's decision to sell cotton through CCI

Related Keywords: bring in stability in the cotton price, Chairman M Senthilkumar, clean cotton cost used for combed count yarns, during the off season, entire textile value chain, sell cotton only to actual users, SIMA, Southern India Mills Association, Spinning mill, spot price of benchmark cotton variety increased, thanked Ministry of Textiles

Coimbatore
SIMA welcomes Union Textile Ministry's decision to sell cotton through CCI
Summary: 
Southern India Mills Association (SIMA) Chairman M Senthilkumar thanked the Ministry of Textiles for actively considering the Association plea of selling the cotton only to the actual users and stated that this would bring in stability in the cotton price during the off season.

Southern India Mills Association (SIMA) Chairman M Senthilkumar thanked the Ministry of Textiles for actively considering the Association plea of selling the cotton only to the actual users and stated that this would bring in stability in the cotton price during the off season.

He expressed gratitude towards Union Ministry of textiles for taking a proactive decision of selling cotton through Cotton Corporation of India (CCI) to the actual users consisting of Micro, Small and Medium Enterprise (MSME) inorder to stabilize the cotton price.

http://news.webindia123.com/news/Articles/India/20160717/2901339.html
0

SIMA seeks reduction in excise duty and extension of sops

Related Keywords: dwindling cotton yarn exports, export benefits, extension of interest subvention, import of man made fiber, measures to salvage textile value chains, reduction in excise duty, removal of import duty, representations by textile industry, Southern India Mills Association, special additional dutry levied, Textile Ministry, under MEIS and IES

New Delhi
SIMA seeks reduction in excise duty and extension of sops
Summary: 
In representations by industry bodies led by the Southern India Mills Association, the government has been asked to announce measures to salvage the textile value chains and dwindling cotton yarn exports.

In representations by industry bodies led by the Southern India Mills Association, the government has been asked to announce measures to salvage the textile value chains and dwindling cotton yarn exports.

The textile industry has sought a reduction in central excise duty from 12.5 to 6 percent and removal of the 5 percent import duty and 4 percent special additional duty levied on the import of man-made fibre. Currently, Indian man-made fibre are 23 percent more expensive globally.

http://www.business-standard.com/article/economy-policy/textile-industry-seeks-extension-of-sops-excise-duty-removal-116012300523_1.html
0

SIMA to promote an eco friendly model textile processing park with latest technology

Related Keywords: leading textile group companies in the state, Project Appraisal Committee, promote eco friendly model park, set to establish processing units in park, SIMA, Southern India Mills Association, treatment and disposal of effluents, with latest technology

Coimbatore
SIMA to promote an eco friendly model textile processing park with latest techno
Summary: 
The Southern India Mills’ Association (SIMA) has taken the responsibility of promoting an eco-friendly model park with the latest technology and 10 leading textile group companies in the State are all set to establish their processing units in the park, said SIMA chairman T Rajkumar, in a press release on Thursday dismissing arguments against the textile processing park in Cuddalore as baseless.

The Southern India Mills’ Association (SIMA) has taken the responsibility of promoting an eco-friendly model park with the latest technology and 10 leading textile group companies in the State are all set to establish their processing units in the park, said SIMA chairman T Rajkumar, in a press release on Thursday dismissing arguments against the textile processing park in Cuddalore as baseless.

http://www.newindianexpress.com/states/tamil_nadu/Textile-Processing-Park-Eco-friendly-Says-SIMA/2015/09/11/article3021907.ece
0

SIMA CDRA develops cotton kapa plucker machine to help farmers

Related Keywords: bring down cost, CDRA, cotton collection bag, cotton development and research association, developed handheld kapas plucking machine, launch its sale, on machine, portable with battery powered, reduced value added tax, SIMA, Southern India Mills Association, suit Indian cotton crop

Coimbatore
SIMA CDRA develops cotton kapa plucker machine  to help farmers
Summary: 
Southern India Mills’ Association (SIMA) Cotton Development and Research Association (CDRA) involved in cotton-seed production and distribution has developed the battery-powered, portable, handheld kapas plucking machine in association with Coimbatore-based Point Industries. The machine is provided with cotton collection bag.

Southern India Mills’ Association (SIMA) Cotton Development and Research Association (CDRA) involved in cotton-seed production and distribution has developed the battery-powered, portable, handheld kapas plucking machine in association with Coimbatore-based Point Industries. The machine is provided with cotton collection bag.

The cotton kappa plucker machine by launched by Chairman of Confederation of Indian Textile Industry Prem Malik in Coimbatore on Friday.

http://www.nyoooz.com/coimbatore/126282/sima-cdra-launches-cotton-kapa-plucker
0

Stakeholders asked to review the TUF scheme and submit their suggestions

Related Keywords: balanced growth, bring transparency to scheme, clothing sector, different segments of textile, Kiran Soni Gupta, Southern India Mills Association, Stakeholder to review scheme, streamline procedure, submit suggestions, Textile Commissioner, Textile mills, TUFS

Coimbatore
Stakeholders asked to review the TUF scheme and submit their suggestions
Summary: 
At a meeting organized on the TUFS by the Southern India Mills’ Association in Coimbatore on Monday, Textile Commissioner Kiran Soni Gupta said that the Ministry was looking at balanced growth of different segments of the textile and clothing sector and if there were modifications that were needed in the Technology Upgradation Fund Scheme (TUFS), the stakeholders should review the scheme and submit their suggestions. These could be taken up at the end of the XII Plan period.

At a meeting organized on the TUFS by the Southern India Mills’ Association in Coimbatore on Monday, Textile Commissioner Kiran Soni Gupta said that the Ministry was looking at balanced growth of different segments of the textile and clothing sector and if there were modifications that were needed in the Technology Upgradation Fund Scheme (TUFS), the stakeholders should review the scheme and submit their suggestions. These could be taken up at the end of the XII Plan period.

http://www.thehindu.com/news/cities/Coimbatore/textile-policy-expected-to-be-announced-soon/article6880662.ece
0

SIMA coming up with ninth edition of Texfair soon

Related Keywords: bamboo and banana fibre, handloom, knitter, manmade fibre, powerloom, Sessions on shuttleless looms, Southern India Mills Association, Southern India Mills’ Association (SIMA), speciality yarn, TexFair 2015, Textile mills

Coimbatore
SIMA coming up with ninth edition of  Texfair soon
Summary: 
Southern India Mills’ Association (SIMA) to organize Texfair 2015, ninth edition will bring together the manufacturers and suppliers of textile machinery, spares, accessories, components and the consumers such as textile mills, powerlooms, handlooms and knitters under one roof. The exhibition will focus not only on spinning, but also on weaving and processing sectors.

Southern India Mills’ Association (SIMA) to organize Texfair 2015, ninth edition will bring together the manufacturers and suppliers of textile machinery, spares, accessories, components and the consumers such as textile mills, powerlooms, handlooms and knitters under one roof. The exhibition will focus not only on spinning, but also on weaving and processing sectors.

http://www.thehindu.com/news/cities/Coimbatore/textile-accessories-spares-expo-from-january-9/article6762051.ece
0

Removal of mandatory registration of cotton exports welcomed by SIMA

Related Keywords: cotton and cotton yarn exporters, cotton yarn exports, cumbersome clerical work, Southern India Mills Association, transaction cost

Coimbatore
Removal of mandatory registration of cotton exports welcomed by SIMA
Summary: 
Southern India Mills Association (SIMA) welcomed the government’s decision of bringing cotton yarn exports, a manufactured goods under free list by removing the mandatory registration.

Southern India Mills Association (SIMA) welcomed the government’s decision of bringing cotton yarn exports, a manufactured goods under free list by removing the mandatory registration.

T Rajkumar, Chairman, SIMA, said that the mandatory registration had been causing hardships for the cotton and cotton yarn exporters, besides affecting the image of the Nation in the global market .

The industry has been suffering during the last four years due to unwanted procedures and transaction cost.

http://economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/spinners-hail-removal-of-registration-of-cotton-for-exports/articleshow/45432823.cms
0
 
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