The predominantly cotton-based textile industry has become highly competent in terms of operational efficiency with the state-of-the-art technology, skilled manpower, high productivity, high quality, etc.
Browsing: MEIS
Severe competition on global level and lack of initiatives and direction on the domestic front have made a dent in India´s textile exports with a dip in figures for FY 2014-15, diminishing the scope of achieving the cherished goals. S Joseph & M Karthik take an overall look at the scene.
The government has announced a revised list of textile products eligible for benefits under Merchandise Export from India Scheme (MEIS).The fresh list issued by the DGFT included exports of cotton fabrics to Bangladesh and Sri Lanka for 2% credit benefits, but excluded value-added items like knitted fabrics under MEIS scheme.
Incorporated in June 2005, Sutlej Textiles Industries was created out of a corporate restructuring exercise in which the Textiles Division of Sutlej Industries Ltd (SIL) and DamanGanga Processors Ltd were demerged. Sutlej Textiles excels in all stages of textiles productions. Its versatile production facilities are vertically integrated ´ from spinning and home textile.