Tag: RoSCTL
Transforming India’s Textile Sector
The textiles & apparel industry must come out of its domestic market closet and focus on the blooming world exports market, suggests Bhadresh Dodhia India’s ... Read More
SIMA hails the extension of RoSCTL scheme till March 2026
Originally the RoSCTL Scheme was valid till March 31, 2020, it was extended intermittently through budgetary allocations and is currently valid till March, 31, 2024. ... Read More
Interim budget 2024, although pragmatic, disappointing for the textile sector
The budget does not offer any major supportive measure to the industry, opines Gurudas Aras. Finance Minister Nirmala Sitharaman on February 1 presented her sixth ... Read More
Cabinet approves extension of RoSCTL scheme for apparel exports
The continuation of the scheme for a proposed duration of 2 years would establish a stable policy regime crucial for long-term trade planning. Prime Minister ... Read More
Glimmer of hopes for Indian textiles segment: Outlook for 2024
How 2023 will wrap up or what 2024 will bring, no one can bet on it, says Dr Siddhartha Rajagopal. Some of the recent policy ... Read More
RoSTCL Eroding Export Competitiveness of Apparel & Garment Industry
Even as India’s textile sector clocks record exports, credit scrips of exporters trade at a 20% discount in the Indian market. India is one of ... Read More
Most textile segments have reverted to pre-Covid levels
In 2021, most segments across the textile value chain reverted to pre-Covid levels. Home textile exports and cotton spinning outperformed other segments such as apparels. ... Read More