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Apparel and Textile News

MEIS for garments and made ups got extended till June

To reinstate the competitiveness of exports and increase its share in the world market, the Ministry of Commerce and Industry has extended the Merchandise Exports from India Scheme (MEIS) for garments and made ups beyond June 2018. The apparel and textile bodies, Apparel Exporters Promotion Council (AEPC) and Tirupur Exporter’s Association (TEA) have welcomed the extension as the Industry was facing tough time. TEA President, Raja M Shanmugham said, “The…
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Apparel and Textile News

Various Initiatives by Textile Ministry this Year

Among many initiatives in 2016, the Indian government announced the ,006 crore special package for the apparel sector and amended the Technology Upgradation Fund Scheme (TUFS). However, the textiles ministry is yet to announce the much awaited National Textiles Policy, which is expected to boost prospects of the textile and apparel sector. The special package for the apparel industry seeks to create one crore new jobs in three years, while…
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Apparel and Textile News

TEA For Early Implementation Of Spl Package

The Tirupur Exporters Association (TEA) has congratulated the new textile minister, Smriti Irani on her assuming the office and sought speedy notification of the guidelines and procedures for implementation of the Rs 6000 crore special package announced by the centre for the garment sector to boost exports. Seeking her intervention to help avail the promised benefits “at the earliest”, TEA president A Sakthivel said it would help them achieve the…
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