MARKET & ECONOMY
India is targeting to increase its bilateral trade with the US to $500 billion from current levels of over $100 billion in the near term
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 (ICIL)-has forayed into Rs 13,000-crore domestic bed linen market with the launch of ?Boutique Living?, a range of bed linen products. The range of ?Boutique Living? products will be available across the country by the month-end.
The Central Board of Excise and Customs (CBEC) through the Circular No.10/2016-Customs dated March 15, 2016 has announced the implementation of the ‘Indian Customs Single Window Project’ to facilitate trade. The Department of Revenue (CBEC), Ministry of Finance, has written, vide its letter dated March 31, 2016 addressed to all Principal Commissioners/Commissioners of Customs & Excise, Customs (Preventive) with regard to implementation of the single window “Integrated Declaration†with effect from April 1, 2016
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.
The Central Board of Excise and Customs (CBEC) has issued Notification No. 28/2016-Cus dated March 31, 2016 amending the earlier Notification No.69/2011-Customs, dated the July 29, 2011. As per the current Notification, the Government has provided deeper tariff concessions in respect of specified goods imported under the India-Japan Comprehensive Economic Partnership Agreement (IJCEPA), w.e.f. April 1, 2016 vide.
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.
Huntsman Textile Effects has streamlined its India Commercial organisation to strengthen sales and aftersales functions, analysis of industry and product trends, expand the business and further improve customer satisfaction. With dedicated Sales teams covering North, Central and South India and Sri Lanka regions compared to North and South regions previously, the teams are now more geographically aligned with Huntsman Textile Effects’ customer base in India.
The 6th edition of Techtextil India Symposium, scheduled for September 8-9, 2016 at Holiday Inn, Mumbai, will highlight the prowess of technical textiles and nonwovens sectors across the globe. Several editions of the conference have been held over the past years in Frankfurt, India, Middle East and Russia. In India, the symposium has been the centre of discussions, deliberations and dialogues among the key stakeholders.