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SRTEPC hails import duty hike
July 2018
The Government of India’s decision to increase basic customs duty (import duty) to 20 per cent on 76 textile and apparel items at 6-digit level, is a significant move and will strengthen the domestic textile industry, The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) has said. The duty has come into effect from July 16, 2018.
200+ exhibitors from 40 countries for Source India
July 2018
About 200 buyers from leading textile and garmenting companies from 40 countries will visit the diamond city to crack deals with textile companies of Surat and across the country at the second edition of Source India 2018, India’s largest man-made fibre (MMF) exhibition in September.
SRTEPC holds road show for Source India 2018
July 2018
The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC), Mumbai, the apex Export Promotion Council of MMFT exporters organised first Road Show/Seminar on “Source India 2018” quite recently in Bhiwandi at the Hotel Regent Garden with the support of our member-exporters and other textiles associations in and around Bhiwandi.
COTTON USA team to interact with Indian mills
July 2018
A seven-member COTTON USA Executive Delegation is travelling with Cotton Council International (CCI) to Mumbai, Coimbatore and New Delhi to participate in conferences emphasising U.S. cotton’s quality to Indian textile mill leadership and conduct meetings with key mill partners.
Egypt’s RMG exports up 12%
June 2018
The Ready-Made Garments Export Council (RMGEC) announced recently that exports of the sector increased by 12 per cent during the first five months of the current year to reach $645 million, compared with $575 million during the same period in 2017.
HGH 2018: Bigger, Bolder 7th Edition
June 2018
The seventh edition of HGH India is all set to welcome trade visitors from over 475 cities and towns across India. The exhibition will take place from July 3-5, 2018 at Bombay Exhibition Centre, Mumbai.
Textile GST dues to be refunded in 20 days
May 2018
The Centre has promised to refund the entire pending claims of textile exporters under GST and IGST (Integrated GST) in 15-20 days.
Reimbursement scheme for textiles on the anvil
May 2018
The Union Government has assured the textile and clothing industry that it will identify Central and State embedded taxes and work out a reimbursement scheme soon.
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