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Union Budget 2018 welcomed by Texprocil

Related Keywords: Chairman Shri Ujwal Lahoti, Cotton Textiles Export Promotion Council, cover fabrics also under the ROSL scheme, growth oriented and all inclusive, increased funds allocated for textile sector, pragmatic, Texprocil, welcoming budget

The Cotton Textiles Export Promotion Council (TEXPROCIL) Chairman Shri Ujwal Lahoti welcoming the budget said that it is pragmatic, growth oriented and all inclusive. Shri Lahoti expressed hope that the increased funds allocated for the textile sector will cover fabrics also under the ROSL scheme.

The Government had approved a comprehensive textile sector package of Rs. 6000 crore in 2016 to boost the apparel and made-up segments. The Budget has provided an outlay of Rs. 7148 crore for the textile sector in 2018-19.

Textile industry welcoming the budget urge to reinstate some incentives

Related Keywords: benefit for cotton yarns, Cotton Textiles Export Promotion Council, five percent reduction in corporate income tax, FTA, medium and small enterprises, MEIS, merchant exporters, relating to interest subvention, Texprocil, textile sector, urged government to reinstate some incentives, welcoming the Budget, will benefit a large number of MSMEs

The Cotton Textiles Export Promotion Council (TEXPROCIL) welcoming the Budget urged the government to reinstate some of the incentives relating to interest subvention for merchant exporters and cotton yarn and MEIS benefit for cotton yarns.

Yarn Expo Spring 2017 to feature more exhibitors this time

Related Keywords: accommodate increase in exhibitor participation, Birla Planet, CHIC, Fancy Yarn Zone, Intertextile Shanghai Home textiles, National Exhibition and Convention Center Shanghai, PH Value, scale expected to jump by twenty percent, Shanghai Apparel Fabrics, Spring edition of Yarn Expo, take place in March, Texprocil

The spring edition of Yarn Expo 2017 to take place from March 15-17 in hall 5.1 of the National Exhibition and Convention Center (Shanghai), with its scale expected to jump by 20 percent, occupying 18,000 square meters (m2) (2016: 15,000 m2), to accommodate the increase in exhibitor participation.

Textech Expo all set to start from 31 August in Dhaka

Related Keywords: Assocham, biggest and oldest international textile and apparel technology and machinery show, buyers of Apparel & Textile machinery of Bangladesh, CHEMEXCIL, distributors, manufacturers, organize INDIA PAVILION at the expo, organized by CEMS Global, provides B2B platform, Texprocil, Textec Expo Bangladesh

Textec Expo Bangladesh 2016, biggest and oldest international textile and apparel technology and machinery show organized by CEMS Global will be held from August 31, Meherun N Islam, MD of CEMS Global USA and Asia Pacific, made the announcement at a press conference in Dhaka yesterday.

Nearly 1050 exhibitors from over 23 countries along with important industry associations are participating in these exhibitions.

Govt’s amendments in IEIS & MEIS scheme welcomed by Texprocil

Related Keywords: exports of Made ups, extended duty credit scrip, Government announces amendment of IEIS and MEIS scheme, huge relief for exporters, improve cash flow of the exporters, Incremental exports incentivisation scheme, landing certificates from the shipping companies, Merchandise Exports from India Scheme, not require, Texprocil, under group C

Government announcement to remove the restriction under the Incremental Exports Incentivisation Scheme (IEIS), which will help in improving the cash flow of the exporters yesterday which was welcomed by the Cotton Textiles Export Promotion Council (Texprocil).

Yarn Expo Autumn 2016 all set to return to Shanghai this October 2016

Related Keywords: all set to take place in Shanghai, great platform to discover new business opportunities, help in developing Chinese market, Pakistan and Uzbekistani cotton yarn exhibitors, speciality textile yarn and fibre trade event, Strong demand for synthetic, synthetic yarn producers, Texprocil, Uzbekistan exhibitors, welcome Indian, Yarn Expo Autumn

Yarn Expo Autumn 2016, a speciality textile yarn and fibre trade event after the successful last edition of the fair that conclude in March with a record breaking number of exhibitors is now all set to take place in Shanghai this October and will welcome Indian, Pakistani and Uzbekistani cotton yarn exhibitors, as well as synthetic yarn producers, who express optimism towards the future prospects of the industry.

Govt needs to give greater priority to textile sector to boost exports

Related Keywords: absence of adequate policy support, adverse impact of preferential access, as cost of funds, exports against last fiscal year, including cotton yarns in the MEIS, Indian textile and clothing sector, interest equalization scheme, likely to slowdown further, marginal decline, need to address issues related to exports, sign Indo EU FTA, Texprocil

The country's total exports of textiles and clothing in 2015-16 stood at USD 40 billion as against USD 41.4 billion in 2014-15, a marginal decline of 3.4 per cent. In the absence of adequate policy support textile sector likely to see further slowdown in outbound shipments, according to industry body.

Textile Export Promotion Council (Texprocil) Chairman R K Dalmia said in a statement that some of the issues relating to exports such as cost of funds and adverse impact of preferential access given to competing countries need to be addressed immediately.

India loses 37 textile markets in 2 years to Pakistan in EU

Related Keywords: help textiles sector gain, India and the European Union need to sign an free trade agreement, India loses thirty sevent textile markets, Indian exporters, making exports from India more expensive, over last two years to Pakistan, Pakistans inclusion in GSP by EU, pay export duty, slow pick-up of garments and fabrics from India, Texprocil

With Pakistan’s inclusion in the Generalised System of Preferences (GSP) by the European Union (EU) India has lost 37 textile markets over the last two years in the European Union to Pakistan. Preferences are given to certain countries through tax exemption in developed markets to boost trade from that country.

Yarn Expo Spring 2016 set new record for exhibitor and buyer numbers

Related Keywords: becoming more popular in the fair, existing and new customers, Indian and Pakistan exhibitors, lastest edition of Yarn Expo Spring, Pakistani fancy yarn exhibitor, reputable yarn and fibre trade event, set new record for exhibitors and buyers number, strong levels of orders and equiries, Texprocil, Uzbekistan cotton yarns

The latest edition of Yarn Expo Spring 2016 concluded last month set a new record for the exhibitors number, an increase of 309 from 11 countries and regions, 23 percent high compared to 2015. Many exhibitors reported for strong levels of orders and enquiries from existing and new customers. The exhibition area also was up 40 percent to accommodate this extra demand.

Yarn Expo Spring 2016 to begin from next Wednesday in Shanghai

Related Keywords: for exhibitors and visitors, four other textile trade fairs are held concurrently, Indian Pavilion to present with fifty exhibitors, leading sourcing platform, offer range of high quality cotton yarns, Over three hundred exhibitors to present their products, set up to begin from next wednesday, Texprocil, trading platform, Yarn Expo Spring

Yarn Expo Spring 2016 a leading sourcing platform to both exhibitors and visitors is set up to begin from next Wednesday. The show is also an ideal opportunity for overseas buyers to gain access to some of the leading domestic suppliers in the industry. Yarn Expo Spring showcases a wide spectrum of natural and blended yarns including cotton, wool, flax / regenerated flax, silk, and man-made fibres and yarns, as well as specialty products including elastic, and fancy and blended yarns.

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