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Tag: Tiruppur knitwear

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TEA urges Govt to increase the Equalisation Scheme to 5%

The textile representative body, Tiruppur Exporters Association (TEA) has requested the governing body to increase the Interest Equalization scheme (IEs) rate to 5 per cent. The current IE scheme rate is 3 per cent as the increment will help to compensate in repo rate. TEA, president, Raja M Shanmugham in a press release said that […]

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June 7, 2018
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Apparel and Textile News Ministry of Textiles News

E-Way Bill Exemption Initiative to boost Tiruppur Cluster

The Tiruppur Exporters’ Association (TEA) president, Raja M Shanmugham has sent a letter to State Chief Minister thanking him for exempting e-way bill for jobwork and services relating to fabrics, yarns and apparels. The Tamil Nadu government has not only accepted the request but also understands the Tiruppur knitwear business in the coming years. TEA […]

appareltalk
June 4, 2018
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