TEXPROCIL news and archive

Industry hails budget and says it will boost sector

Yesterdays Union Budget by FM Arun Jaitley has got positive response from the textile and garments industry. The overall feeling is that a lot of their expectations have been met. As Govind Shrikhande, Customer Care Associate and Managing Director, Shoppers Stop, points out that every new innings requires a steady approach and resolve. “...

Apparel

Eleven Indian companies to showcase in Sri Lanka

Eleven Indian companies will be participating in the upcoming yarn & fabric show to be held in Sri Lanka later this month, the Indian High Commission in Colombo said in a release. The 4th Colombo International Yarn & Fabric Show will be held from February 28 to March 2, 2013 at the Sri Lanka Exhibition & Convention Center (SLECC) in Colombo. The...

Apparel

Texprocil chief hails duty repeal

Turkey has repealed the safeguard duty imposed on import of cotton yarn with effect from August 4, 2011, for a period of three years. Welcoming this move, Manikam Ramaswami, Chairman, Texprocil, complimented the government for its proactive efforts in ensuring that the unjustified measures imposed by Turkey were withdrawn well before their...

Apparel

Texprocil hails 7 point strategy to boost exports

Anand Sharma, Minister for Commerce, Industry & Textiles, yesterday announced the annual supplement 2012-13 to Foreign Trade Policy (2009-2014). The policy is aimed at sustaining export growth momentum amid global uncertainties. Amit Ruparelia, Chairman Texprocil, welcoming the FTP announcement said, “The policy with its seven-point strategy...

Apparel

Teezing returns with a bang

The third edition of Teezing held on May 25 this year was an opportunity for people to display their creativity. A lot of unique designs were displayed. The competition was launched by Cotton Council of India in 2009 simultaneously in 10 countries, including India, to celebrate the International Year of Natural Fibers. Teezing was conceived with...