According to her, more than 8,000 exporters are facing this working capital crunch. Chennai: Apparel and made-up exporters are facing a huge working capital crunch for the past few months, as refunds of over Rs 5,000 crore under the MEIS scheme have been blocked. This could continue to pull down apparel exports in the coming months … Read More →
The Merchandise Exports from India Scheme (MEIS) was discontinued from August 1. Though it was reinstated later for other export sectors, it is still not available for apparels and made-ups. Chennai: Apparel and made-up exporters are facing a huge working capital crunch for the past few months, as refunds of over Rs 5,000 crore under the … Read More →
Apex body of apparel exporters, Apparel Export Promotion Council (AEPC) has welcomed the increase in the rates of Merchandise Exports from India scheme (MEIS) to 4 percent of value of exports, said council on Monday in New Delhi. As per a government notification, the new MEIS rates are effective from 01.11.2017. Commenting on the increase … Read More →
Acknowledging that fashion jewellery and accessory makers had done well to increase exports, Union Minister of state for Textiles, Ajay Tamta said they should focus on maintaining product quality and timely delivery to enhance competitiveness in global markets and boost exports. “They need to do more hard work in maintaining quality, price and delivery of … Read More →
Acknowledging that fashion jewellery and accessory makers had done well to increase exports, Union Minister of state for Textiles, Ajay Tamta said they should focus on maintaining product quality and timely delivery to enhance competitiveness in global markets and boost exports. “They need to do more hard work in maintaining quality, price and delivery of … Read More →
Acknowledging that fashion jewellery and accessory makers had done well to increase exports, Union Minister of state for Textiles, Ajay Tamta said they should focus on maintaining product quality and timely delivery to enhance competitiveness in global markets and boost exports. “They need to do more hard work in maintaining quality, price and delivery of … Read More →
Gems and jewellery exporters urged the Centre to withdraw the proposed 1 percent excise duty on non-silver jewellery, adding that they do not want to join the ongoing strike by bullion traders and retailers. Members of over 358 associations related to jewellery trade and related businesses are on strike since March 2 to demand withdrawal … Read More →