The government and stakeholders in the textile industry have agreed on a road map for the implementation of policy interventions against the importation of fake textile products and other unfair practices that have stifled the growth of local companies in the sector.
The Australian government has awarded funding to local companies supporting their efforts to expand in export markets.
Tirupur: The relaxation given on local sourcing of goods for single-brand retail shops of multinational companies to attract more foreign direct investment has evoked mixed responses among the apparel industrialists.
New Delhi, Sep 9 (KNN) The micro, small and medium enterprises (MSME) sector demanded more action at state-level to clear pending refunds and reduce paper work which continues to be a painful exercise.
NEW DELHI: The government is working on an Alibaba-like e-marketplace for micro, small and medium enterprises (MSMEs) which is expected to bring a turnover of around Rs 10 lakh crore over the next two to three years, Union MSME minister Nitin Gadkari said.
New Delhi, Sep 9 () The commerce ministry has clarified that export incentive scheme MEIS has not been discontinued from August 1 this year and an inter-ministerial consideration is going on for continuation of 2 per cent increase for labour intensive sectors.