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Rs 8,450-cr sops for MSMEs
The Indian government has announced fresh incentives worth Rs 8,450 crore to boost exports and support the MSME and labour-intensive industries. The incentive came as a part of the mid-term review of India’s Foreign Trade Policy (FTP) 2015-2020.
Enhanced MEIS & RoSL export benefits a huge relief: SIMA
The Government has increased the Merchandise Export from India Scheme (MEIS) from 2 per cent to 4 per cent for all garments and made-ups and also increased the upper limit of Remission of State Levies (RoSL) for the exports of cotton garments from 1.22 to 1.7 per cent and cotton made-ups from 1.55 per cent to 2.20 per cent.
FICCI’s 9th TAG at Hotel Taj on November 30
The Federation of Indian Chamber of Commerce & Industry (FICCI) is organising the 9tth edition of annual conference on textile and apparel Industry “TAG 2017” at the Hotel Taj Mahal Palace in Mumbai
K.U. Sodalamuthu bags top export award
Coimbatore-based K.U. Sodalamuthu and Co. Pvt. Ltd has won the Regional Export Award from the Engineering Export Promotion Council under the category “Special Trophy - Medium Enterprise”.
MMF exports showing signs of recovery: SRTEPC AGM
Narain Aggarwal, Chairman of the Synthetic & Rayon Textiles Export Promotion Council (SRTEPC), in his address at the 63rd Annual General Meeting held on September 28, 2017 in Mumbai said that exports of MMF textiles during the year 2016-17 had shown a nearly 2 per cent growth in value terms and was on path of recovery.
Swiss firms make strong impression at Irantex
For the first time ever in Iran, Switzerland’s textile machinery manufacturers exhibited in their own pavilion at the recent Irantex show, under the umbrella of their representative body the Swiss Textile Machinery Association (Swissmem).
Exports Face a Drawback!
Misfortunes have come in battalions for textile exporters – firstly GST dilemma, then, hardening of rupee and now the axe on duty drawback rates. An exclusive ITJ Report throws some light on the issue.
TUV Rheinland’s ZDHC training for textile industry
TUV Rheinland has extended its lead in the provision of chemical management solutions and services for the textile, fashion and footwear industry, following its accreditation as a global training provider by the Zero Discharge of Hazardous Chemicals (ZDHC) Foundation.
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