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Tag: Foreign Trade Policy

MEIS for garments and made ups got extended till June
Apparel and Textile News Global 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 […]

CMAI appreciates the Positive Measures in Mid-term Review
Apparel and Textile News Trade Info News

CMAI appreciates the Positive Measures in Mid-term Review

The Central Government has recently announced the Mid-term Review of the Foreign Trade Policy (FTP). The Clothing Manufacturers’ Association of India (CMAI) has welcomed the Mid-term Review announced on the 6th December 2017 as a Progressive Package to address several Issues relating to Policy as well as Procedures. Mr. Rahul Mehta, President CMAI in a […]

MEIS rates on Garments and Made-ups has gone upto 6 %
Apparel and Textile News Trade Info News

MEIS rates on Garments and Made-ups has gone upto 6 %

The Cotton Textiles Export Promotion Council (Texprocil), Chairman, Ujwal Lahoti has expressed his satisfaction over the 2 per cent hike on all exportable goods by the government and said, “The Mid Term Review of Foreign Trade is progressive and growth oriented. The government has recognized the urgent need to address the challenges being faced by […]

Stakeholders’ consultation on Exports by Suresh Prabhu
Apparel and Textile News Trade Info News

Stakeholders’ consultation on Exports by Suresh Prabhu

The Commerce & Industry Minister Suresh Prabhu today held a Stakeholders’ Consultation with leading Exporters, Export Promotion Councils, Associations and Local Chambers with a view to give a fillip to the export sector. The Minister for Textiles and Information and Broadcasting, Smt. Smriti Zubin Irani, and the Minister of State for Commerce & Industry, Shri […]

FIEO to set up technical textile cluster in TN
Apparel and Textile News Events and Exhibitions News

FIEO to set up technical textile cluster in TN

The Federation of Indian Export Organisation (FIEO) is planning to set up a technical textile cluster in Tamil Nadu for start-ups. The cluster will have all common facilities including R&D, A Sakthivel, regional chairman, FIEO (Southern Region) said. The organization is in talks with various agencies in this regard. Although, at present very few are […]

Problems Of Garment Exporters Being Examined
Apparel and Textile News Trade Info News

Problems Of Garment Exporters Being Examined

Job working units in Tirupur knitwear cluster hoped that their difficulties in availing duty benefits under Export Promotion Capital Goods (EPCG) scheme for machinery import, may be addressed soon. The centre has started examining the issues related to problems they are facing, according to a report. The problems for the garment industry started subsequent to […]

Govt Mulls Selling Chanderi Fabric Online
Apparel and Textile News Retail News

Govt Mulls Selling Chanderi Fabric Online

The government is toying with the idea of allowing online sale of Chanderi fabric among a clutch of other products identified closely with a place. The study of Geographical Indication (GI) commissioned by the department of commerce has suggested using e-commerce to enhance the reach of India’s GI products and eliminate middlemen to allow producers […]

Silk Fabric
Apparel and Textile News Apparel Brands and Companies

Incentives Sought By Silk Fabric Exporters

Silk fabric exporters are looking for incentives for the industry to remain competitive as raw silk, which is imported from China, was becoming costlier. They are planning to meet commerce ministry officials in New Delhi to discuss the withdrawal of export incentives under the Foreign Trade Policy 2015-20. Under the previous Exim policy (2009-14), exporters […]

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