The Government of India’s decision to increase basic customs duty (import duty) to 20 per cent on 76 textile and apparel items at 6-digit level, is a significant move and will strengthen the domestic textile industry, The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) has said. The duty has come into effect from July 16, 2018.
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The Government of India’s decision to increase basic customs duty (import duty) to 20 per cent on 76 textile and apparel items at 6-digit level, is a significant move and will strengthen the domestic textile industry
The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC), Mumbai, the apex Export Promotion Council of MMFT exporters organised first Road Show/Seminar on “Source India 2018†quite recently in Bhiwandi at the Hotel Regent Garden with the support of our member-exporters and other textiles associations in and around Bhiwandi.
Narain Aggarwal, Chairman, The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) had been keenly following on the progress of the new scheme on skill development, which had been approved by the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi in the month of December 2017.
Narain Aggarwal, Chairman, The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) had been keenly following on the progress of the new scheme on skill development, which had been approved by the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi in the month of December 2017.
It all started in 1988 when BK Mehta, Past-President, Indian Textile Accessories And Machinery Manufacture Association (ITAMMA), categorically suggested that ITAMMA should take up activities which will make its members and the organisation very strong in terms of system, technology and R&D. Considering his passion for R&D, as the members of Managing Committee of ITAMMA on his 70th birthday in 1988 established ?BK Mehta Endowment Fund? in appreciation of his yeomen and meritorious services to the association; who was the president of the association in the year 1953, 1962, 1966, 1978 and also as a trustee for four decades. This fund was further strengthened financially from time to time for various activities in the field of technology.
The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC), one of the oldest export promotion councils in India, recently gave away export awards in a function held on January 27, 2018 in Mumbai. Present during the occasion was: Smriti Zubin Irani, Union Minister of Textiles & Information and Broadcasting; Ajay Tamta, Union Minister of State for Textiles; Anant Kumar Singh, Secretary, Textiles; Dr Kavita Gupta, Textile Commissioner; Rughani, Vice Chairman; Anil Rajvanshi, Convenor, Export Award Committee; and Rajen Udeshi of Reliance Industries.