The DGFT has notified vide Public Notice No. 67/2015-2020 dated March 30, 2016 that ?Textiles Committee? would also be one of the competent agencies to issue Certificate of Origin (COO) under certain Free Trade Agreements (FTAs)/Preferential Trade Agreement(PTAs) along with the other Authorised Agencies.
Month: September 2016
The Cotton Textiles Export Promotion Council, known as TEXPROCIL, has been the international face of cotton textiles from India facilitating exports worldwide. The Council connects international buyers with appropriate suppliers and facilitates interaction that enables them to source their specific needs. Siddhartha Rajagopal, Executive Director, Texprocil, provides some wish-list for the industry and the Government in boosting cotton consumption in India.
The sharp rise of over 35 per cent in domestic cotton prices since May 2016 will squeeze ginners and spinners profitability by over 15 per cent, says India Ratings and Research (Ind-Ra). Ind-Ra expects prices to remain elevated around the current levels of Rs 120 per kg to Rs 127 per kg till the end of the cotton crop year of September 2016. The spike in cotton prices will adversely impact the profitability of pure cotton ginners and spinners due to their inability to pass on this steep increase to their customers, at once, due to decreasing cotton demand and increased competitiveness of manmade fibre.
The Cotton Textiles Export Promotion Council, known as TEXPROCIL, has been the international face of cotton textiles from India facilitating exports worldwide. The Council connects international buyers with appropriate suppliers and facilitates interaction that enables them to source their specific needs. Siddhartha Rajagopal, Executive Director, Texprocil, provides some wish-list for the industry and the Government in boosting cotton consumption in India.
The sharp rise of over 35 per cent in domestic cotton prices since May 2016 will squeeze ginners and spinners profitability by over 15 per cent, says India Ratings and Research (Ind-Ra). Ind-Ra expects prices to remain elevated around the current levels of Rs 120 per kg to Rs 127 per kg till the end of the cotton crop year of September 2016. The spike in cotton prices will adversely impact the profitability of pure cotton ginners and spinners due to their inability to pass on this steep increase to their customers, at once, due to decreasing cotton demand and increased competitiveness of manmade fibre.
Indo Count Retail Ventures P Ltd (ICRVL)?a subsidiary of Indo Count Industries Limited (ICIL)?has forayed its entry into Rs 13,000 crore domestic bed linen market with the launch of ?Boutique Living?, a range of bed linen products.
Indo Count Retail Ventures P Ltd (ICRVL)?a subsidiary of Indo Count Industries Limited (ICIL)?has forayed its entry into Rs 13,000 crore domestic bed linen market with the launch of ?Boutique Living?, a range of bed linen products.