‘Coronavirus outbreak an opportunity for India’s textile sector??
The textiles ministry on Wednesday said the domestic industry should take advantage of the huge USD 20-billion space vacated in the global apparel market by...
Tag : exports
India’s Textile & Apparel Exports Fall by 8%
Despite recovery in shipments to the US, the country’s textile and apparel exports fell by 8 per cent in the first eight months (April-November) of...
Lenzing Group opens its first supply chain solutions hub in India
Lenzing Group plans to expand in its physical footprint in India, starting Mumbai The LENZING Hub will provide solutions and support for TENCEL™ , LENZINGTM...
Sri Lanks Sees Increase in Apparel exports in 2019
Sri Lanka earned a record 5.3 billion U.S. dollars from its apparel exports in 2019, showing a 5.1 percent year on year increase, according to...
Exports of Indian man-made fibre (MMF) textiles is expected to reach $7 billion
Exports of Indian man-made fibre (MMF) textiles is expected to reach $7 billion by the end of fiscal 2020-21, witnessing a growth of at least...
EXPORT CONCESSIONS WITHDRAWN
The Union government has put scores of small textile exporting companies on the verge of closure by withdrawing export concessions with retrospective effect. In a...
Duty Drawback Rates Revised
The Department of Revenue has notified new duty drawback rates for textile and clothing products in a communication dated January 28 and the new rates...
Padma Shri Dr A Sakthivel takes over as the new Chairman of AEPC
Padma Shri Dr A Sakthivel has taken over as the new Chairman of Apparel Export Promotion Council, India. AEPC is the official body of apparel exporters...
The year 2019 is ending. What do you have to say about the year that passed by in terms of business, growth, government policies and apparel exports? What to do you foresee for the year 2020 and why?
Business growth in textile sector is not much stable. Policy wise government needs to support on duty drawback and port congestions. We have lot of...
Ministry Announces Special Package for T&A Sector
To boost exports and enhance competitiveness, of the textiles sector, Government has announced a Special Package for garments and made-ups sectors. The package offers Rebate...