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Tag: FTP

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 […]

AEPC Calls For Simplifying FTP Rules
Apparel and Textile News Trade Info News

AEPC Calls For Simplifying FTP Rules

Indian garment exporters have called for simplifying key operational mechanisms in the export process under the new Foreign Trade Policy (FTP) announced last April. The Apparel Export Promotion Council (AEPC) has urged the textiles ministry to simplify the policy’s authorisation, inspection and classification norms, media source said. The AEPC wanted withdrawal of the need for […]

Apparel and Textile News Ministry of Textiles News

Textile Bodies Reactions To New FTP

The  Confederation of Indian Textile Industry or CITI said the new Foreign Trade Policy (FTP) has not provided any additional benefits to the textiles sector, though measures announced for improving ease of doing business and simplified procedures would be beneficial to the sector. In a statement (CITI) chairman, Prem Malik pointed out that some benefits […]

Apparel and Textile News Ministry of Textiles News

TEA Welcomes New FTP

President, Tirupur Exporters Association (TEA), A. Sakthivel lauded union commerce and Industry minister, Nirmala Sitharaman for announcement of rewards under MEIS at the new Foreign Trade Policy 2015-20 (FTP) for doing exports through E-commerce at FOB value of upto Rs 25,000 per consignment. This, he said, would be beneficial to garment exporting units as some […]

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