Textile Ministry has held preliminary discussions with business gamers on the attainable implications of the Bangladesh political disaster on Indian attire and textile exports. The main target of those discussions was on how Indian exporters might acquire from a possible ‘Bangladesh plus one’ state of affairs that would come up if overseas manufacturers sourcing from … Read more
The Manufacturing Linked Incentive (PLI) scheme for textiles, which is being additional reviewed by the federal government to probably embody extra merchandise, might have a decrease minimal funding and turnover standards to permit smaller entities to be eligible for it, stated officers. “The Textile Ministry’s proposed growth of the PLI scheme to incorporate all clothes, … Read more
Duties on substantial variety of items imported from EFTA countries–Switzerland, Norway, Iceland and Liechtenstein–including candies, watches, smartphones, olive oil, corn flakes, equipment, textiles, medicines, cod liver oil, tuna, trout and salmon, will likely be phased out by India beneath the India-EFTA Commerce and Financial Partnership Settlement signed on Sunday. Additionally learn: Commerce settlement to supply zero … Read more