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Tag: Texprocil

Urge For Extension Of Special Package To Home Textiles
Apparel and Textile News Trade Info News

Urge For Extension Of Special Package To Home Textiles

Welcoming the special package for the garment sector recently approved by the Union Cabinet, the Cotton Textiles Export Promotion Council (Texprocil) has urged the government to extend the same to home textiles sector. The announcement of special package for labour intensive apparel sector envisaging higher growth in export of apparel products and job creation over […]

Tufs May Be Reintroduced Soon
Apparel and Textile News Ministry of Textiles News Trade Info News

TUFS May Be Reintroduced Soon

Since the Prime Minister, Narendra Modi is showing special interest in textile sector, the government is likely to reintroduce the Technology Upgradation Funds Scheme (TUFS) for the textile sector in a few months for the betterment of the industry, textile minister, Santosh Kumar Gangwar has said on the sidelines of the Texprocil award function held […]

Measures To Boost Cotton Fabrics Export
Apparel and Textile News Trade Info News

Measures To Boost Cotton Fabrics Export

India’s cotton fabrics export is likely to get a 10-15 per cent boost in the current financial year after the government announced the inclusion of a dozen African countries under the Merchandise Exports from India Scheme (MEIS), according to the Cotton Textiles Export Promotion Council (TEXPROCIL). In the latest notification issued on October 29, the […]

World Textile Trade Declines
Apparel and Textile News Global News

World Textile Trade Declines

World textile export trade and clothing declined by 7.32 per cent from 316.06 billion US dollar during Jan-May 2014 to 292.93 billion US dollar during Jan-May 2015, the Cotton Textiles Export Promotion Council (Texprocil) said in its overview of current trade in textiles & clothing. The document cites figures from Global Trade Information Services, Inc. […]

Cotton Mills
Apparel and Textile News Apparel Brands and Companies

Scaling Down Of Production By Cotton Mills

Representatives of the Confederation of Indian Textile Industry, South India Millers’ Association, North Indian Millers Association, and Texprocil met in New Delhi on Monday to take stock of the situation faced by cotton spinning mills. Currently, the cotton spinning mills are facing crisis due to high input costs and subdued demand and thus decided to […]

Devaluation
Apparel and Textile News Apparel Brands and Companies Global News

Exports To Face Adverse Impact With Devaluation In Yuan

Due to recessionary conditions in global markets, Indian Textile Exporters are already facing slow progress and further to have an adverse impact with the sudden move on the part of China to devalue its currency yuan, an industry body has said. China’s central bank on Tuesday devalued its tightly controlled currency by close to 2% […]

Cotton
Apparel and Textile News Apparel Brands and Companies

Steps To Boost Cotton Fabrics Export Hailed

The Cotton Textiles Exports Promotion Council (TEXPROCIL) has welcomed the inclusion of exports of cotton fabrics – both woven and knitted – to Bangladesh and Sri Lanka under the Merchandise Exports from India Scheme (MEIS), according to a statement by the trade body. The Directorate General of Foreign Trade (DGFT) had announced a new list of textile items […]

Knitted Fabrics
Apparel and Textile News Apparel Brands and Companies

Export Sops To All Knitted Fabrics Demanded

The Cotton Textiles Exports Promotion Council (Texprocil) is surprised to note that the centre has excluded certain knitted fabrics for concession under the Merchandise exports from India Scheme. Knitted fabrics with HS (Harmonized System) Code 6006, which covers most of the knitted fabrics including those with lycra, were left out in the list of items […]

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