India’s Directorate of Revenue Intelligence (DRI) has issued an alert over garments being imported via Bangladesh from other countries to take advantage of duty concessions offered under a free-trade agreement (FTA).
Browsing: textile exports
India ranked fifth in the global textile and clothing exports in 2018 though it was in the second position between 2014 and 2017, according to the Confederation of Indian Textile Industry.
The US administration will continue levying anti-dumping duty on imports of steel wire garment hangers from China.
Dr KV Srinivasan, Chairman, Texprocil stated that exports cotton yarn from India in the first quarter of April-June 2019 have fallen by a steep 33 per cent.
At the 21st Textile Asia 2019 trade fair, the Pakistan China Joint Chamber of Commerce & Industry (PCJCCI) said will be focusing on promotion of textile business with China as a strategic partner.
Except the cotton yarn/fabs/made-ups/handloom products category, all the other categories under the textile segment reported a decline in exports in February.
The textile industry expects exports to increase with the government extending refund of State and Central taxes on shipments of apparels and made-up goods.