News - Tiruppur Expoters' Association

India, Norway discuss cooperation in MSME sector - 17th January 2020

support@tea-india.org (TEA Admin) — Fri, 17 Jan 2020 10:27:59 +0530

During the first Session of India-Norway Dialogue on Trade & Investment (DTI) was convened in New Delhi on 15-16 January, India and Norway discussed ways to boost cooperation in range of sectors including Micro, Small and Medium Enterprises (MSMEs).

Exports fall 1.8 percent in December - 17th January 2020

support@tea-india.org (TEA Admin) — Fri, 17 Jan 2020 10:26:21 +0530

The sluggish global economy, along with the domestic slowdown, dented India's external trade as both exports and imports showed a downtrend in December.

Don't expect CCI to sell cotton at a loss: Chairman Rani - 17th January 2020

support@tea-india.org (TEA Admin) — Fri, 17 Jan 2020 10:25:28 +0530

The Indian textile industry should not expect the Cotton Corporation of India (CCI) to sell cotton at a loss just because it is a government enterprise, according to CCI chairman P Alii Rani, who recently said the corporation has so far bought a quarter of the cotton that has arrived in the markets this year since the beginning of the cotton year on October 1.

GST refunds team saves Rs 350 crores, Customs brokers on spotlight - 17th January 2020

support@tea-india.org (TEA Admin) — Fri, 17 Jan 2020 10:24:30 +0530

New Delhi : A recent analytics-driven probe into Goods and Services Tax (GST) refunds has led investigators to detect more than 1,200 untraceable exporters, saving the exchequer of over Rs 350 crore in refunds under payment.

MSME Export Promotion Council to hold mega meet to boost northeast entrepreneurs - 17th January 2020

support@tea-india.org (TEA Admin) — Fri, 17 Jan 2020 10:22:44 +0530

The MSME Export Promotion Council (MSME-EPC) is holding the first three-day summit in Guwahati for aspiring entrepreneurs in the North East from Friday to pave the way for development of entrepreneurship and businesses by women and youths of the region.

CCI procures 40,000 bales of cotton at MSP - 17th January 2020

support@tea-india.org (TEA Admin) — Fri, 17 Jan 2020 10:20:55 +0530

The Cotton Corporation of India (CCI) has procured about 40 lakh bales of cotton as part of its MSP procurement operations so far during the season, amounting to 25% of the crop arrivals in the market, top officials of the corporation said.

Government to promote Surat as textile machinery hub - 17th January 2020

support@tea-india.org (TEA Admin) — Fri, 17 Jan 2020 10:19:52 +0530

The central government is mulling to develop Surat as a textile machinery hub to provide state-of-the-art technology at affordable rates to the country’s largest textile cluster which where a large number of units are based.

Now, GST payees in Chandigarh can file revision against certain orders - 17th January 2020

support@tea-india.org (TEA Admin) — Fri, 17 Jan 2020 10:18:57 +0530

City-based goods and services tax (GST) payees can now file their revision petitions against those decisions and orders of competent authorities which they couldn’t challenge with the Appellate Authority.

India's textile and apparel exports to reach $300 bn by FY25: Invest India - 14th January 2020

support@tea-india.org (TEA Admin) — Tue, 14 Jan 2020 11:16:56 +0530

India's textile and apparel exports are expected to touch $300 billion by 2024-25, resulting in a tripling of the country's market share globally from 5 per cent to 15 per cent, according Invest India, the national investment promotion and facilitation agency.

SIMA urges Union textile minister to intervene in cotton trading policies of CCI - 14th January 2020

support@tea-india.org (TEA Admin) — Tue, 14 Jan 2020 11:12:35 +0530

The Southern India Mills’ Association (SIMA) has urged the Union textile minister Smriti Zubin Irani to intervene in the cotton trading policies of Cotton Corporation of India (CCI) and direct CCI to avoid holding the cotton and sell the cotton at market price on a regular basis to arrest price escalation.