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Tag: commerce minister

GSP
Apparel and Textile News

Finally GSP Extension From US Govt

Indian exporters, after an 18 months wait finally gets extension for generalised system of preference (GSP) from the US government. The US government has renewed GSP benefits for Indian exporters, retrospectively from August 2013 till December 2017, enabling duty-free entry of 3,500 product lines which exported in July 2013. The move is expected to benefit […]

GSP
Apparel and Textile News Apparel Brands and Companies

Finally GSP Extension From US Govt

Indian exporters, after an 18 months wait finally gets extension for generalised system of preference (GSP) from the US government. The US government has renewed GSP benefits for Indian exporters, retrospectively from August 2013 till December 2017, enabling duty-free entry of 3,500 product lines which exported in July 2013. The move is expected to benefit […]

Export Interest Subvention
Apparel and Textile News Ministry of Textiles News

Export Interest Subvention Needed By Spinning Sector

Credit rating agency ‘Crisil’ has suggested the need for export interest subvention for spinning textile sector. As per the interim report, prepared based on the request of Texpreneurs Forum, a copy of which was sent to the commerce minister, Nirmala Sitharaman last week, rising NPA levels in textile, falling EBITDA and net margin and fall […]