EXPORT CONCESSIONS WITHDRAWN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...
Tag : exports
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...
China Exports Plunge After U.S. Tariffs
Punitive tariffs slapped by the U.S. on Chinese imports are hurting American consumers, who are bearing the brunt of the measures in higher prices, and...
Rs. 189 billion refund claims erode financial viability
Pending refund claims of Rs 189 billion have eroded the financial viability of textile export sector. Zafar Iqbal Sarwar, Senior Vice President Faisalabad Chamber of...
Ideax earns landmark LEATHER STANDARD by OEKO-TEX® certification
BÖNNIGHEIM Ideax Labels and Accessories Private Limited have been awarded the LEATHER STANDARD by OEKO-TEX® certification, a sustainability milestone for the nation’s leather industry. The...
Vietnam’s textile industry hit by US-China trade war
Vietnam’s textile industry is facing many difficulties due to the prolonged China-US trade war, witnessing a fall in both export and production, says industry experts....
Tirupur Apparel export units provide bonus at statutory rates
While the most of apparel units in the district of Tirupur are ready to provide Diwali bonus only at minimal rates this year, trade unions...