Indian Apparel Blog - Home of Indian Apparel and Textile

Apparel and Textile News

FTA negotiations between India & EAEU

Government of India as well as the governments of the Eurasian Economic Union (EAEU) member countries will shortly begin negotiations for a free trade agreement (FTA), a senior official has said. The five-member EAEU comprises Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia. India’s annual trade with EAEU is currently at billion US Dollar. India and the EAEU had decided to set up a Joint Feasibility Study Group on the India –…
Continue Reading »
Apparel and Textile News

Office Of SGCCI At Dhaka To Promote Surti Fabrics

The Southern Gujarat Chamber of Commerce and Industry (SGCCI) plans to set up an extension office at Dhaka in Bangladesh to promote polyester fabrics, saris and dress materials manufactured in the country's largest man-made fabric (MMF) centre in Surat. Recently, SGCCI delegation led by its president B S Agarwal had visited Bangladesh and held a series of meetings with the Bangladesh Garment Manufacturers and Exporters Association, FBCCI, Chittagong Chamber of…
Continue Reading »
Apparel and Textile News

Spinning Industry In A Morass NITMA

Indian spinning industry is the most developed segment of the textile and clothing value chain. It is a global market leader with 30 per cent exportable surplus going to countries around the world. There also seems no dearth of incentives from either the centre or state government. Industry insiders said excessive and prolonged incentives are proving to be the bane of spinning industry, which is saddled with overcapacity and forced…
Continue Reading »
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…
Continue Reading »
Apparel and Textile News

Zero Duty On Textiles In FTA Sought With Australia

For a free trade agreement (FTA) with Australia, India wants zero duty on textiles and some of the sectors. On its part, Australia is seeking tariff reduction in dairy products, fresh fruit, pharmaceuticals and wines. Union commerce minister Nirmala Sitharaman has said that negotiations on FTA are progressing substantially and the two countries are probably “close to a deal”. Her comments came at a CII event in New Delhi. Sitharaman…
Continue Reading »
Apparel and Textile News

Easy Procedures To Boost Exports

Commerce minister, Nirmala Sitharaman has said that the government will work with various departments including environment, textiles and finance for simplifying procedures of doing business in the country and boost exports. Many of the issues which are enablers to better exports have been identified, issues which may have a bearing on the forthcoming budget were also raised, she said. At the meeting with export promotion councils (EPCs) held as part…
Continue Reading »
12