India doubles import duties on 328 textile items

Related Keywords: carpets and technical textiles, imported garments such as fabrics, Indian Textile, market access, raw materials, resources technology, skilled labourers, Textile exporter, textile items, textile manufacturing, textile products, textile sector

Mumbai
Summary: 
The government must take steps necessary to make the Indian textile sector competitive, besides being dedicated on the tariff front. Like China, India has all required resources technology, skilled labourers, raw materials. It lacks is the political will to rectify policy anomalies. Twisted labour laws do not favour the creation of massive textile manufacturing units that could compete with the Chinese facilities in the economy of scale.

The government must take steps necessary to make the Indian textile sector competitive, besides being dedicated on the tariff front. Like China, India has all required resources technology, skilled labourers, raw materials. It lacks is the political will to rectify policy anomalies. Twisted labour laws do not favour the creation of massive textile manufacturing units that could compete with the Chinese facilities in the economy of scale.

https://www.tribuneindia.com/news/editorials/chinese-textile-influx/634231.html
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Gujarat accounting for 12% of the apparels exported from India

Related Keywords: apparel exports from India, Apparel Exports Promotion Council, cotton, exports of textiles as well as garments, Gujarat Garment Manufacturers Association, Manufacturers of textiles and apparels, polyester, Textile exporter

Ahmedabad
Summary: 
Gujarat accounts for 12% of the apparels exported from India. Manufacturers also indicated that they are facing stiff competition from their counterparts in Bangladesh and Vietnam according to data provided by Apparel Exports Promotion Council (AEPC).

Gujarat accounts for 12% of the apparels exported from India. Manufacturers also indicated that they are facing stiff competition from their counterparts in Bangladesh and Vietnam according to data provided by Apparel Exports Promotion Council (AEPC).

https://timesofindia.indiatimes.com/city/ahmedabad/cut-in-incentives-led-to-30-drop-in-textile-exports/articleshow/64264260.cms
0

Pakistan textile industry seek full refund of export tax rebates asap

Related Keywords: All Pakistan Textile Mills Associationm Pakistan Apparel Forum, non-repayments of refund, Pakistan Bedwear Exporters Association, Pakistan govt to clerar refund, textile exporer reduce profitabiliy, Textile exporter, verge of collapse

Karachi
Pakistan textile industry seek full refund of export tax rebates asap
Summary: 
Pakistan government is yet to clear refunds worth Rs50 billion for textile exporters under the duty drawback scheme, accumulating till October 2014. The delay in releasing the outstanding tax and duty drawback could further weaken the sector’s ability to export and also reduce their profitability. Pakistan’s textile industry has been looking forward to a full refund of export tax rebates as early as possible.

Pakistan government is yet to clear refunds worth Rs50 billion for textile exporters under the duty drawback scheme, accumulating till October 2014. The delay in releasing the outstanding tax and duty drawback could further weaken the sector’s ability to export and also reduce their profitability.
Pakistan’s textile industry has been looking forward to a full refund of export tax rebates as early as possible.

http://www.thenews.com.pk/Todays-News-3-295800-Textile-exporters-seek-release-of-Rs50bn-stuck-up-tax-refund
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Pakistan textile industry to market their products in Turkey and the region

Related Keywords: Ambassador of Pakistan, market products, Pakistan textile industry, regional textile hub, state-of-the-art technology, Textile exporter, Turkey and the region

Islamabad
Pakistan textile industry
Summary: 
As Pakistan textile industry is considered the backbone of its economy. Ambassador of Pakistan to Turkey, Muhammad Haroon Shaukat assured that the Embassy of Pakistan would provide every possible help to Pakistani textile exporters to market their products in Turkey and the region.

As Pakistan textile industry is considered the backbone of its economy. Ambassador of Pakistan to Turkey, Muhammad Haroon Shaukat assured that the Embassy of Pakistan would provide every possible help to Pakistani textile exporters to market their products in Turkey and the region.

He stated that Pakistani textile products were of highest quality and the country’s exports could be further boosted by showcasing state-of-the-art textile products. He expressed these views while visiting Pakistani stalls at a three-day Texworld exhibition in Istanbul.

http://nation.com.pk/business/08-Nov-2014/efforts-on-to-boost-textile-exports-to-turkey
0

Textile exporters deferred of timely DBK release facing tight cash flow situation

Related Keywords: duty drawback, Textile exporter

Kolkata
Textile exporters deferred of timely DBK release facing tight cash flow situatio
Summary: 
Textile exporters being deferred from timely release of duty drawback amounts. The Drawback claims which in fact should be released in two weeks after exports are pending since September 2013 from all the major ports, due to the delay in releasing DBK amount the exporter are going to tight cash flow situation, as the textiles industry by and large operates between 3 to 5% net profit.

Textile exporters being deferred from timely release of duty drawback amounts. The Drawback claims which in fact should be released in two weeks after exports are pending since September 2013 from all the major ports, due to the delay in releasing DBK amount the exporter are going to tight cash flow situation, as the textiles industry by and large operates between 3 to 5% net profit.

Any delay in getting the drawback amounts, textiles exporters have to going through financial intricacy whereby affecting at hand exports.

http://economictimes.indiatimes.com/news/economy/foreign-trade/textile-exports-badly-hit-by-delay-in-release-of-duty-drawback/articleshow/34115122.cms
Textile Auxiliaries
Company News
0

Pakistan textile exporters has started picking up benefits of GSP plus status

Related Keywords: GSP Plus status, Pakistan textile industry, Textile exporter

Karachi
Pakistan textile exporters has started picking up benefits of GSP plus status
Summary: 
Pakistan textile exporters have started picking up benefits by shipping consignments under the GSP plus arrangement. The routine business with the EU has started gaining momentum and actual benefit of the scheme will get clear by next six months.

Pakistan textile exporters have started picking up benefits by shipping consignments under the GSP plus arrangement. The routine business with the EU has started gaining momentum and actual benefit of the scheme will get clear by next six months.

http://www.brecorder.com/cotton-a-textiles/185:pakistan/1147267:gsp-plus-opportunity-value-added-textile-industry-begins-reaping-benefits/
Textile Auxiliaries
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