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Bangladesh reserves 3 SEZs for Indian enterprises
March 2019
Bangladesh has reserved three special economic zones (SEZs) for Indian firms to set up businesses, high commissioner of Bangladesh to India Syed Muazzem Ali recently said.
India seeks closer ties, connectivity with ASEAN
February 2019
India is hoping that better connectivity will help boost trade ties with ASEAN and decrease its trade deficit with the 10-member bloc.
Egypt to build biggest textile city
January 2018
Egypt’s Minister of Industry and Foreign Trade Tarek Kabil announced the start of the building procedures of the biggest city for textiles and clothing in Egypt on a land space of 3.1 million cubic meters in Al-Sadat city.
India, Kazakhstan to increase cooperation in textiles
May 2017
Indian and Kazakhstan are deliberating upon increasing cooperation in textiles sector and exploring export of raw cotton from South Kazakhstan to India for processing in Indian enterprises.
Brazil prospects to figure in OUTLOOK™ Plus Latin America’s 2nd edition
December 2016
Welber Barral, Ph.D., a leading expert in Latin American foreign trade, will be the keynote speaker at the second edition of OUTLOOK™ Plus Latin America on March 7-9, 2017 in São Paulo, Brazil. The conference is organised by the global nonwovens trade associations EDANA and INDA.
BoT reconstituted
September 2016
The Directorate General of Foreign Trade (DGFT) has issued Trade Notice No. 21/2015-20 dated March 23, 2016 reconstituting the Board of Trade as per the provisions given in the Para 300 of Foreign Trade Policy Statement 2015-2020. The objective is to have continuous discussion and consultation with trade and industry.
Volatile & declining markets impact Indian textile industry
December 2015
The 57th AGM of the Confederation of Indian Textile Industry (CITI) held in Mumbai portrayed a dismal picture of the textile industry in India. It was none other than the Chairman, Prem Malik, who painted and highlighted the negative trends that are smothering all the hopes for the textile industry.
Knitted fabrics excluded from MEIS benefits!
July 2015
The government has announced a revised list of textile products eligible for benefits under Merchandise Export from India Scheme (MEIS).The fresh list issued by the DGFT included exports of cotton fabrics to Bangladesh and Sri Lanka for 2% credit benefits, but excluded value-added items like knitted fabrics under MEIS scheme.
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