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While European textiles and clothing companies have been crucial in providing short-term relief in the crisis, such as converting their production or an increased production of PPE, now long-term goals need to be tackled that involve a renewal process of the sector and its value chain and a more competitive and greener future.
export performance, a serious concern for mmf segment
The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) is one of the oldest Export Promotion Councils in India. The council has played a transforming role over the years, inculcating export culture and promoting exports of Indian man-made fibre (MMF) and textiles.
LCC bags TMMA’s export promotion award
The company bagged export award winner for their outstanding performance under the category parts and accessories sector for the year 2018-19.
ITME AFRICA 2020 launched at GTTES
Organised by India ITME Society, the first edition ITME Africa is to be held in Millennium Hall, Addis Ababa, Ethiopia from February 14-16, 2020.
GST Council allows ITC refund to fabrics
The Goods and Services Tax (GST) Council at its 28th meeting held under the chairmanship of Union minister for railways, coal, finance and corporate affairs Piyush Goyal has recommended for allowing refund of input tax credit (ITC) to fabrics. The refund of accumulated ITC shall be with prospective effect on purchases made after notification is issued.
SRTEPC hails import duty hike
The Government of India’s decision to increase basic customs duty (import duty) to 20 per cent on 76 textile and apparel items at 6-digit level, is a significant move and will strengthen the domestic textile industry, The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) has said. The duty has come into effect from July 16, 2018.
200+ exhibitors from 40 countries for Source India
About 200 buyers from leading textile and garmenting companies from 40 countries will visit the diamond city to crack deals with textile companies of Surat and across the country at the second edition of Source India 2018, India’s largest man-made fibre (MMF) exhibition in September.
SRTEPC holds road show for Source India 2018
The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC), Mumbai, the apex Export Promotion Council of MMFT exporters organised first Road Show/Seminar on “Source India 2018” quite recently in Bhiwandi at the Hotel Regent Garden with the support of our member-exporters and other textiles associations in and around Bhiwandi.
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