Browsing: TUFS

Over the last 10 years, India?s textile and apparel exports have grown at the rate of 11 per cent. After the phasing out of export quotas in 2005 India?s export performance has been below expectations. Vietnam and Bangladesh have shown remarkable success.

Reduction in excise duty on man-made staple fibres of Chapter 55 and filament yarns of Chapter 54.
Interest rates to be capped at 7% for exporters. Expansion of interest subvention scheme to the entire MMF textiles sector. Best FTA treatment to SEZ units. Special Additional Duty (SAD) on MMF. 4% SAD on all man-made fibres should be abolished.

The esteemed journey of the LNJ Bhilwara Group started in 1960, when the Groups founder, LN Jhunjhunwala established a textile mill in Bhilwara, Rajasthan, characterising the very beginning of the Groups unfaltering success and prosperity.