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Apparel and Textile News

Anti-Subsidy Petition To Curb Chinese Import

Chinese imports have been impacting the domestic man-made fibre market and industry bodies led by Synthetic Rayon Textiles Export Promotion Council (SRTEPC), Federation of Indian Art Silk Weaving Industry (FIASWI) and Association of Synthetic Fibre Industry (ASFI), among others, made an anti-subsidy petition with the centre. Industry bodies urged the government to expedite seeking clarification from the Chinese government on various subsidies offered to its exporters that leads to dumping…
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Apparel and Textile News

Chinese Fabrics Under Anti-Dumping Probe

The government has initiated an investigation under the supervision of Directorate General of Anti-Dumping and Allied Duties into the complaints made by domestic synthetic and rayon or man-made fabric (MMF) producers against import of undervalued Chinese fabrics. "The government has started an anti-subsidy investigation for MMF fabric from China, which has been flagged by the industry," Anil Rajvanshi, chairman of Synthetic & Rayon Textile Export Promotion Council (SRTEPC) said in…
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Apparel and Textile News

Global Buyers-Sellers Meet On MMF In Surat

Source India-2016, a global buyers-sellers meet for man-made fabric (MMF) will be held at Surat International Exhibition and Convention Centre (SIECC) in Surat from August 13. Organised by Synthetic & Rayon Textiles Export Promotion Council ( SRTEPC ), the two-day event aims at achieving the target of 9 billion US dollar worth of MMF export from India. The SRTEPC has urged the textile entrepreneurs in city's MMF sector to participate…
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Apparel and Textile News

SRTEPC Hails Govt Steps To Boost Textile Exports

The Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) has welcomed the initiative of the centre to boost the exports of textiles made of man-made fibres for B&C group of countries under the MEIS Scheme. In the original policy issued in April last there was no incentive for export of such textiles for Africa and Latin American countries falling under the B&C category. While this will be a definite booster…
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Apparel and Textile News

Scrapping Of Excise Duty Demanded

The synthetic textiles industry has appealed to the textiles ministry for a complete recast of excise and customs regime to be able to compete with Bangladesh, China and Vietnam and not lose out on the "Make in India" campaign. "A poor man wearing synthetic shirt of Rs 200 bears highest excise and tax burden, whereas a rich man wearing cotton shirt of Rs 1,000 has no excise or taxes," Anil…
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