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Tag: TEA

New Textile Policy
Apparel and Textile News Ministry of Textiles News

New Textile Policy Offing In TN

The Tamil Nadu government is likely to announce a new textile policy soon. This followed a recent meeting between Tirupur Exporters Association (TEA) president, A Sakthivel with state’s handlooms and textiles minister, S.Gokula Indira, industries minister, P.Thangamani and Tamil Nadu chief secretary, K.Gnanadesikan and other top bureaucrats to discuss the issue. Sakthivel also handed over […]

Apparel and Textile News

TEA WELCOMES REPO RATE CUT ANNOUNCED BY RBI

Tirupur Exporters’ Association President, A.Sakthivel welcomed the Reserve Bank of India (RBI) announcement to reduce the Repo Rate by 0.25 per cent and added that the interest rate cut would be helpful to quote competitive rate and sustain in the global market only when the banks pass on the measures to the SME and exporting […]

Knit Fair
Apparel and Textile News Events and Exhibitions News

Knit Fair To Promote Knit Wear Exporters

The recently held “India Knit Fair”, at IKFA complex Tripur offered the related professionals with the best manufactured equipments and raw materials which were beneficial for the people working in this sector. The three-day event showcased spring/summer collections of apparels made by the textile entrepreneurs in Tirupur knitwear cluster to the potential buyers and buying […]

Apparel and Textile News Apparel Brands and Companies

CEPA With Canada By September 2015 Hailed

A memorandum of understanding (MoU) was signed between the chairman of Apparel Made ups and Home Furnishing Sector Skill Council, functioning under National Skill Development Council (NSDC), A. Sakthivel and president of Fanshawe College, Ontario, Bruce Wilson, at Parliamentary Hill, Ottawa on April 15 in presence of Prime Minister, Narendra Modi, who was on a […]

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 […]

Apparel and Textile News Ministry of Textiles News

TEA Urges PM To Expedite Implementation Of FTA

Tirupur Exporters’ Association (TEA) president, A. Sakthivel has urged the Prime Minister, Narendra Modi to advice the commerce ministry to expedite the negotiation for implementation of Free Trade Agreement (FTA) and initiate a discussion on this line during Mr. Modi’s visit to EU next month. In a letter to the Prime Minister, Mr. Sakthivel said, […]

Apparel and Textile News Apparel Brands and Companies Ministry of Textiles News

TEA Welcomes ‘Pragmatic Union Budget 2015-16’

President of Textile Exporters’ Association (TEA), A. Sakthivel said the Union Budget 2015 – 16 is a futuristic and pragmatic one which will go a long way in fulfilling the needs of industry and also the people. Finance minister, Arun Jaitley has laid a roadmap for the overall development of economy to enhance the GDP […]

Apparel and Textile News Apparel Brands and Companies Ministry of Textiles News

TEA Hails Decision Of Reducing SLR

Reserve Bank of India (RBI) today announced Sixth Bi-Monthly Monetary Policy Statement for the year 2014-15 keeping the key policy rates unchanged and said since sufficient data on macro economic and prices were not available, it could not take a decision on the interest rates but assured that proper action will be taken as soon […]

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