The government notified that the RoSCTL scheme for textiles exporters and said the duty credit scrips under this support measure would be issued without insisting on realisation of the export proceeds.
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The growth in cotton yarn and product exports will affect the consumption of cotton in 2021. The consumption of cotton is recorded at 7.3 million bales which is 700,000 more than last year.
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The group has invested $ 150 mn in the Oman textile plant, which has 1.5 lakh spindles and 3,500 rotors in the facility.
Ashwin Chandran, Chairman, SIMA has appreciated and thanked the Hon’ble Prime Minister, and other ministers for the bold decision of removing the anti-dumping duty on viscose staple fibre.
The group has invested $ 150 mn in the Oman textile plant, which has 1.5 lakh spindles and 3,500 rotors in the facility.
Ashwin Chandran, Chairman, SIMA has appreciated and thanked the Hon’ble Prime Minister, and other ministers for the bold decision of removing the anti-dumping duty on viscose staple fibre.
Ashwin Chandran, Chairman, SIMA has appreciated and thanked the Hon’ble Prime Minister, and other ministers for the bold decision of removing the anti-dumping duty on viscose staple fibre.