Advertise Here [468 W x 60 H pixels]
Web Exclusive | July 2014

Expedite Indo-EU FTA, hike TUF funds: R. Mandawewala, Welspun

Currently India faces a 9-10% duty disadvantage in Europe as compared Pakistan and Bangladesh. Also, transaction costs in India are high. In order to ensure that we remain competitive, the Government must expedite the India – EU FTA and provide appropriate benefits to the industry under the Market Linked Focus Product Scheme (MLFPS). We believe the TUF allocation also needs to be increased in order to provide more timely payments to the industry. On the labour side, the policy needs to be made more flexible. This will help the textile manufacturing industry to be more agile and better adjust to the seasonality of demand. Incentives for training and providing housing to workers should also be given. The Interest Rate subvention should be allowed to continue.
Post your comment
Name:  
Email:    
Comments:  
Verification Code:   Change Image


 
Advertise Here [728 W x 90 H pixels]
A.T.E. Enterprises Pvt.Ltd (Goller)      Arvind Rub-Web Controls Ltd      Associated Autotex Ancillaries Pvt Ltd      B & R Industrial Automation Pvt Ltd      Batliboi Ltd      Brugarolas India Pvt Ltd      Condair      Delair India Pvt Ltd      Elgi Electric and Industries Ltd      Elgi Equipments Ltd      Embee Corporation      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Fourwents Engineering Co.      Grasim Industries Ltd (Liva)      Henna Tex      Instamod Air Pipe Pvt Ltd      ITEMA Weaving India Pvt Ltd      K.U. Sodalamuthu and Co. Pvt Ltd      Lakshmi Machine Works Ltd      Loepfe Brothers Ltd (Masterline)      Mangal Singh Brothers Pvt Ltd      Meera Industries Ltd      MESDAN India Pvt Ltd      Nestling Technologies      Prashant West Point Machinery Pvt. Ltd      Premier Evolvics Pvt Ltd      Rabatex Industries      Redington (India) Ltd      Rieter India Pvt Ltd (Suessen)      Rieter India Pvt. Ltd      Savio India Ltd      Savio Texcone Pvt Ltd      Shail International Pvt Ltd      Sieger Spintech Equipments Pvt Ltd      SRE Corporation      Stovec Industries Ltd      Techno Industries      Texfab Engineers (India) Pvt Ltd      Thymas Electronics Pvt Ltd      Vetal Hitech Machines Pvt. Ltd      A.T.E. Enterprises Pvt.Ltd (Goller)      Arvind Rub-Web Controls Ltd      Associated Autotex Ancillaries Pvt Ltd      B & R Industrial Automation Pvt Ltd      Batliboi Ltd      Brugarolas India Pvt Ltd      Condair      Delair India Pvt Ltd      Elgi Electric and Industries Ltd      Elgi Equipments Ltd      Embee Corporation      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Fourwents Engineering Co.      Grasim Industries Ltd (Liva)      Henna Tex      Instamod Air Pipe Pvt Ltd      ITEMA Weaving India Pvt Ltd      K.U. Sodalamuthu and Co. Pvt Ltd      Lakshmi Machine Works Ltd      Loepfe Brothers Ltd (Masterline)      Mangal Singh Brothers Pvt Ltd      Meera Industries Ltd      MESDAN India Pvt Ltd      Nestling Technologies      Prashant West Point Machinery Pvt. Ltd      Premier Evolvics Pvt Ltd      Rabatex Industries      Redington (India) Ltd      Rieter India Pvt Ltd (Suessen)      Rieter India Pvt. Ltd      Savio India Ltd      Savio Texcone Pvt Ltd      Shail International Pvt Ltd      Sieger Spintech Equipments Pvt Ltd      SRE Corporation      Stovec Industries Ltd      Techno Industries      Texfab Engineers (India) Pvt Ltd      Thymas Electronics Pvt Ltd      Vetal Hitech Machines Pvt. Ltd