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Textile sector hails extension of RoSCTL scheme | Coimbatore News

COIMBATORE: The Southern India Mills Association (Sima) and Apparel Export Promotion Council (AEPC) have thanked the Centre for extending the rebate of state and central taxes and levies (RoSCTL) on export of apparel and garments for another three years.
The struggling textile industry, which had seen exports stagnate for the past four years, has now begun seeing good marketing opportunities for post-Covid and this move would make pricing of Indian apparels competitive in the global market, the associations said.
The Union cabinet, chaired by Prime Minister Narendra Modi, recently approved RoSCTL with the same rates on exports of apparel and garments till March 31, 2024. The move critically reduces price of Indian products in the global market, because manufacturers don’t have to add the cost of state and central taxes on it. ....

Ashwin Chandran , Narendra Modi , Aatmanirbhar Bharat , Southern India Mills Association Sima , Apparel Export Promotion Council , Southern India Mills Association , Prime Minister Narendra Modi , அஷ்வின் சந்திரன் , நரேந்திர மோடி , தெற்கு இந்தியா ஆலைகள் சங்கம் சிமா , ஆடை ஏற்றுமதி ப்ரமோஶந் சபை , தெற்கு இந்தியா ஆலைகள் சங்கம் , ப்ரைம் அமைச்சர் நரேந்திர மோடி ,

Textile industry awaits policy initiatives to boost growth

Textile industry awaits policy initiatives to boost growth
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.

Tamil Nadu , Ashwin Chandran , Raja Shanmugham , Tiruppur Exporter Association , Confederation Of Indian Textile Industryt Rajkumar , Southern India Mill Association , Handloom Minister , Indian Textile Industry , Textile Policy , District Collector , தமிழ் நாடு , அஷ்வின் சந்திரன் , திருப்பூர் ஏற்றுமதியாளர் சங்கம் , தெற்கு இந்தியா ஆலை சங்கம் , கைத்தறி அமைச்சர் , இந்தியன் ஜவுளி தொழில் , ஜவுளி பாலிஸீ , மாவட்டம் ஆட்சியர் ,

SIMA appeals to Indian finance minister to withdraw cotton import duty

SIMA appeals to Indian finance minister to withdraw cotton import duty
ccfgroup.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ccfgroup.com Daily Mail and Mail on Sunday newspapers.

Republic Of , Sri Lanka , Nirmala Sitharaman , Ashwin Chandran , Southern India Mill Association , குடியரசு ஆஃப் , ஸ்ரீ லங்கா , அஷ்வின் சந்திரன் , தெற்கு இந்தியா ஆலை சங்கம் ,

Industry associations seek support for units

With the State government permitting partial operation of industries only in some districts even as it announced continuing of the lockdown with some relaxations, industry associations seek support fo ....

Tamil Nadu , Ashwin Chandran , Tiruppur Exporters Association Rajam Shanmugham , Southern India Mill Association , Apparel Export Promotion Councila Sakthivel , Apparel Export Promotion Council , Tiruppur Exporters Association Raja , Industry Associations , தமிழ் நாடு , அஷ்வின் சந்திரன் , தெற்கு இந்தியா ஆலை சங்கம் , ஆடை ஏற்றுமதி ப்ரமோஶந் சபை , தொழில் சங்கங்கள் ,

Yarn price expected to stabilise

Yarn price expected to stabilise
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Updated:
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Textile mill associations have urged members to keep the prices stable this month.

Prices of cotton yarn, which were on an upward trend since December, are expected to remain stable in the coming weeks.
Chairman of Southern India Mills’ Association Ashwin Chandran told The Hindu on Thursday that following a recent virtual meeting of the textile mill associations from across the country, the associations have urged their members to keep the prices stable this month due to concerns among industries in the value addition segment.
Prices of cotton was about ₹ 34,500 a candy in August last year and ₹46,000 now. Prices of hosiery yarn was ₹215 a kg in August last year and ₹291 now. The hosiery yarn requirement of Tiruppur garment units are mostly (75 % to 80 %) met by the textile mills in Tamil Nadu. The mills are operating at 85 % to 90 % capacity as against the normal of 9 ....

Tamil Nadu , Ashwin Chandran , Southern India Mill Association Ashwin Chandran , தமிழ் நாடு , அஷ்வின் சந்திரன் , தெற்கு இந்தியா ஆலை சங்கம் அஷ்வின் சந்திரன் ,