Search Results: RoDTEP (98)

Textile minister Piyush Goyal said that the sector will achieve $44 billion exports target in FY22, and in the next five years, is set to aim for $100 billion outbound shipments.

Cotton prices have remained volatile for quite some time. The textile industry has raised the issue of rising domestic cotton prices with the government. If raw material prices continue to remain elevated for an elongated period, it can negatively impact margins for yarn manufacturers, says Pulkit Agarwal, Associate Director, CARE Ratings. In this interview, he analyses the fibre and yarn market against background of rising input costs and recent policy announcements (like of the Government of India.

As the centre has announced new rates under the Rebate on Duties and Taxes on Export Products (RoDTEP), the textile exporters are expecting that the order volumes will experience a boost.