by DIGITAL MEDIA EXECUTIVE | Apr 10, 2023 | Import/Export
Prior FTPs placed a strong emphasis on paying exporters according to their export performance. Transferrable scrips served as the medium of payment. They could be employed to pay customs duties. There were also numerous exemption plans. The transition to remission...
by DIGITAL MEDIA EXECUTIVE | Apr 4, 2023 | Country Report
Like its past iterations, India’s most recent Foreign Trade Policy (FTP) policy is essentially granular in scope, with many takeaways for different industries and stakeholders. In essence, it concentrates on modifying particular processes and procedures to...
by DIGITAL MEDIA EXECUTIVE | Mar 28, 2023 | Finance & Economy
According to Sunil H Talati, chairman of the Services Export Promotion Council, “the government believes that all service industries are self-sufficient and can generate healthy foreign exchange (forex) profits without the need for incentives.” Why should...
by DIGITAL MEDIA EXECUTIVE | Mar 21, 2023 | Country Report
With the 5F vision (i.e., Farm to Fibre to Factory to Fashion to Foreign) of Shri Narendra Modiji, Hon’ble Prime Minister of India, the Government announced 7 PM Mega Integrated Textile Regions and Apparel (PM MITRA) Parks for the Textile industry in Tamil Nadu,...
by DIGITAL MEDIA EXECUTIVE | Feb 9, 2023 | Corporate / SME, Garment, Industry View, Textile Articles, Traditional Textiles
The national policy on MSME will be releasing with an extensive consultation. The sector will be witnessing a high growth. This will happen due to the various government schemes which were launched over the years The emergency credit has helped the gurantee the scheme...
by Ssmundra2612 | Dec 25, 2020 | News & Insights, Technical Textiles & Non-Wovens
Sulzer is working with H&M and Worn Again Technologies to develop technology for textile recycling. Sulzer and H&M Group are strategic partners of Worn Again Technologies. Sulzer will help towards circularity with a new technology to recycle textiles. The...
by Manali bhanushali | Dec 11, 2020 | Industry And Cluster, News & Insights
The finance ministry on Monday, notified the updated Viability Gap Funding (VGF) scheme which gives a push to the social infrastructure sector in India along with extending the existing scheme to continue support to core sector infrastructure. The new scheme,...
by TEXTILE VALUE CHAIN | May 11, 2020 | Industry And Cluster, News & Insights
The pandemic situation is going through to e-commerce – due to covid 19 Like other sector of non essential items, E-Commerce sector also suffer a lot of problem which directs through the financial crises in upcoming days . As The government of India announces the...
by TEXTILE VALUE CHAIN | Mar 14, 2020 | Industry And Cluster, News & Insights
The Office of Development Commissioner (Handicrafts) provides MUDRA loan and margin money to handicrafts artisans. The details of the loan amount /margin money provided to handicrafts artisans through banks are as under :- SHISHU Loan offering financial support of up...
by TEXTILE VALUE CHAIN | Jul 12, 2019 | Industry And Cluster, News & Insights
Under the Central Sector Scheme Government of India implementing “Silk Samagra”through Central Silk Board with a total outlay of Rs. 2161.68 crore for three years (2017-2020) for development of sericulture in the country.It focuses on improving quality and...
by TEXTILE VALUE CHAIN | Dec 21, 2017 | Corporate / SME, Interviews
An Exclusive Interview with Mr. Davendra Bamb ( Plant Manager & Sales) of Schoch Reeds India Pvt Ltd. Brand name: Schoch Reeds Brand Tagline: Your Weaving Partner • What inspire you to Start A Company in Textile Machinery and what is Purpose behind it? The founder...
