Tag: MEIS

Why automation matters for Indian textile industry?

admin- May 1, 2021

Benefits of automation are clear and visible. However, capital intensive nature of the textile industry and lack of availability of funds are hampering adoption of ... Read More

Govt’s decision to withdraw MEIS incentives to hit textile exporters

admin- March 1, 2020

The Government’s decision to withdraw the Merchandise Exports from India Scheme (MEIS) with retrospective effect is likely to erode profit margins of textile players. It ... Read More

Govt’s decision to withdraw MEIS incentives to hit textile exporters

admin- January 31, 2020

The Government’s decision to withdraw the Merchandise Exports from India Scheme (MEIS) with retrospective effect is likely to erode profit margins of textile players. It ... Read More

Textile industry worried as Govt scraps export sops

admin- January 27, 2020

The textile industry has expressed shock and anguish over the withdrawal of four per cent incentive given under the Merchandise Export Incentive Scheme (MEIS) on ... Read More

India mulls extending RoSCTL to other textile products

admin- July 9, 2019

India is mulling over extending the Rebate of State and Central Taxes and Levies (RoSCTL) for the garments and made-ups sector to other textile products ... Read More

IEIS, MEIS changes hailed

admin- June 1, 2016

The Cotton Textiles Export Promotion Council (Texprocil) has welcomed the Government’s decision to amend the Incremental Exports Incentivisation Scheme (IEIS) and the Merchandise Exports from ... Read More

MMF: Daring to fly higher!

admin- December 1, 2015

For the man-made fibre industry (MMF) in India, its disgruntlement is turning into unceasing aggression. The reasons are many: China exports 65 per cent of ... Read More

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