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Duty drawback rate cut upsets TEA
The Tiruppur Exporters’ Association (TEA) is dismayed on the reduction of duty drawback rates on apparel items. In this revised list, the government has reduced rates for value-added ready-made garments while improving rates for raw materials like cotton, yarn and fabrics.
AITD unveiled during IPF Awards 2018
The All India Textiles Directory (AITD)—a renewed attempt by the Indian Textile Journal—was unveiled by Ajit Chavan, Secretary, Textile Committee, Ministry of Textiles, during the 3rd IPF Excellence Awards 2018, which was held at National Stock Exchange on December 13, 2018.
Texcare brand to include Clean Show USA
Messe Frankfurt's Texcare brand is now rounded off by Clean Show USA. Elgar Straub, Managing Director of VDMA Textile Care, Fabric and Leather Technologies, comments on the extension of Texcare trade fairs to include the American Clean Show:
Pratibha Syntex bags 3 awards
Pratibha Syntex was honoured with Dare to Dream Award in an event recently organised in Bhopal by the Federation of Madhya Pradesh Chamber of Commerce and Industries (FMPCCI).
Hike, & cut too in duty drawback rates
The Indian Government has marginally increased duty drawback rates for several textile items, applicable for the year 2018-19. However, there is a marginal decrease in the duty drawback rates of apparel items.