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Related Keywords: all industry, blend of cotton and MMF, Boiler Suits, boost exports, both grey and dyed, Centre notifies certain changes in DBK rates, created for cotton yarns, drawback caps, export products, high-valued items, import duties on Indian textiles, mixed with Man Made Fibre, New entries in drawback schedule, Protective wear, Texprocil

The Centre has notified certain changes in the all industry rates of duty drawback effective from 11th Feb 2016. These changes announced by the Centre in DBK scheme will help boost exports.

New entries in the drawback schedule have been created for cotton yarns mixed with Man Made Fibre (MMF) - both grey and dyed. It has also increased the drawback caps in the case of certain MMF fabrics. This change was welcomed by the Cotton Textiles Export Promotion Council (Texprocil).

Related Keywords: attract foreign investment, boost exports, implement initiative to restructure, increase localization, increase position of Vietnam, integration process, Minister of Industry and Trade, new generation agreement, Numerous production chains, Opportunities from TPP, put into operation, region and the world, Vietnamese garment sector, Vu Huy Hoang

The Vietnamese garment sector has implemented many initiatives to restructure itself to conform with the integration process, in anticipation of opportunities from the TPP a high quality new-generation agreement signed. According to Minister of Industry and Trade Vu Huy Hoang, the TPP will boost exports, attract more foreign investments and also increase the position of Vietnam in the region and the world.

Related Keywords: boost exports, Commerce Minister Nirmala Sitharaman, currency volatility, environment, finance, government to work with various departments, improving ease of doing business, issues on non-tariff barriers of other countries, meeting with EPCs, problems in dealing with customs authority, simplify procedures, Special Economic Zones, Textiles

Commerce Minister Nirmala Sitharaman after a meeting with export promotion councils (EPCs) in New Delhi on Tuesday said that the government will work with various departments including environment, textiles and finance to simplifying procedures towards improving the ease of doing business in the country and boost exports.

Many of the issues which are enablers to better exports have been identified, issues which may have a bearing on the forthcoming budget were also raised, she said.

Related Keywords: AEPC, aimed to create millions of job, boost exports, December, garment exports posted five percent growth, IIGF, IIGF attracted buyers across the globe, inauguration of International Garment Fair, Minister of state for textiles, new textile draft policy, placed before Union Cabinet in a months time, ready and discussions on, Santosh Gangwar

The Minister of State for Textiles (independent charge), Santosh Gangwar, after inaugurating the India International Garment Fair (IIGF) organized by the Apparel Export Promotion Council on Wednesday said that the draft policy of the long awaited new textile policy is ready and discussions are on. They hope to place it before the Union Cabinet in a month’s time.

Related Keywords: apparel, boost exports, chain store, clothing, concrete future businesses, four Pakistan companies, importers, independent retailers, key industry decision makers, opportunity to meet new buyers from Africia, participating under support of TDAP, South Africas import sourcing show, Textile and Footwear trade exhibition, textile industries

The 17th annual apparel, Textile & Footwear (ATF) Trade Exhibition that began in Cape Town from 24 November, a three day event is South Africa's only import sourcing show for the clothing, textile & footwear industries. The main objective of ATF is to offer international manufacturers, suppliers and exporters an opportunity to meet with new buyers from Africa including chain store, independent retailers, mini-chains, importers, agents, wholesalers, distributors and other key industry decision makers.

Related Keywords: approves interest equalisation scheme, boost exports, Cabinet Committee on Economic Affairs, FIEO, Indian Texpreneurs Federation, move up value chain, pre and post shipment rupee export creidt, SIMA, TEA, textile sector regain export market share, welcomed by textile units

Cabinet Committee on Economic Affairs has given approval for interest equalisation scheme (earlier called Interest Subvention Scheme) on pre and post shipment rupee export credit with effect from April 1, 2015 for five years which is welcomed by the textile units.

According to regional chairman of Federation of Indian Export Organisations, A. Sakthivel, who is also the president of Tirupur Exporters Association was of the opinion that the scheme had come at an appropriate time when the apparel exports registered negative growth in August and September on a year-to-year basis.

Related Keywords: boost exports, business related challenges, delay in strategic trade policy framework, lower global commodity price, Pakistan exports tumbling, power storage, TDAP, weakening external demand

Pakistan's exports are continuously tumbling from last some months due to the lower global commodity prices, weakening external demand, ongoing power shortages, and security and business climate related challenges. Despite all this, the government is yet to announce the strategic trade policy framework to boost the country’s exports.

Pakistan’s exports had come down by 13.42 percent to $6.9 billion during first four months (July-October) of the ongoing financial year 2015-2016 from $8 billion of the corresponding month of the previous year, Pakistan Bureau of Statistics data showed.

Related Keywords: boost exports, cash subsidy, duty exemption on plants and machinery, incentive package carries, long term loan, number of exogenous and indigenous factors, Pakistan textile policy, remained stagnant, special DBK, textile and clothing sector, textile sector in Pakistan

The textile sector in Pakistan had remained stagnant over the last decade due to a number of exogenous and indigenous factors. Under the Pakistan textile policy (2015-19), incentive of Rs 64.15 billion cash subsidy to the textile and clothing sector has been announced which would boost the exports to $ 26 billion by 2019. The incentive package carries special duty-drawback rates, duty exemption on plants and machinery and subsidy on long-term loans.

Related Keywords: boost exports, capitalize on manufacturing, create employment, Ethiopian government, improve textile sector, Industrial park, industrial zone, major manufacturer, opened textile park in Hawassa, planning investment, target to increase textile exports

The Ethiopian government to improve its textile sector and boost exports is planning to make investment to the tune of US$1bn in industrial parks over the next decade. This will help enhance the country’s overall position as a major manufacturer.

Arkebe Equbai, special advisor to the Ethiopian Prime Minister said that in terms of industrial development and manufacturing development, they want to make Ethiopia number one in Africa.

Related Keywords: Ajay Shankar-led panel, boost exports, but go amiss official target set, coir, handicrafts, including jute, mainly on higher shipment of garments, Make in India concept, of India, Overall textile and garment exports, slowdown in Chinese demand fro cotton and yarn, to increase this fiscal

India‘s overall textile and garment exports, which also include those of jute, coir and handicrafts, likely to increase by 4-5 percent reaching $41 billion this fiscal compared with $39.3 billion a year before mainly on higher shipments of garments and massive slowdown in Chinese demand for cotton and yarn. But, go amiss the official target of $45 billion, trade and industry sources said on Tuesday.