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Category: TEXPROCIL

  • Indian Cotton Textiles Industry to get major orders at IND TEXPO 2022 – Primex News Network

    Indian Cotton Textiles Industry to get major orders at IND TEXPO 2022 – Primex News Network

    Participants of IND TEXPO 2022 seen with dignitaries 

    Mumbai (Maharashtra) [India], August 29: Shri U P Singh, Secretary Textiles along with Ms Roop Rashi, Textile Commissioner Government of India interacted with participants at the Reverse Buyer Seller Meet just before the Inauguration of IND TEXPO 2022, organised by TEXPROCIL at the World Trade Centre Cuffe Parade Mumbai on 24 August, 2022.

    The participants at the interactive meet were from Australia, Egypt, Turkey, Thailand, Brazil, Slovania, Iran, Malaysia, Dominican Republic, Poland, Kenya, Portugal, Bangladesh and Sri Lanka covering those sourcing yarn, fabric, Home textiles across fibres – cotton, poly, viscose among others. There were representatives from the Hospitality sector too with most of the buyers reflecting the need for Sustainable, organic and recycled products.

    While the Australian representative looked forward to dividends of India Australia FTA, better Quality Assurance and Communications from the Indian suppliers and recycled Cotton products, the Polish Hospitality sector seemed poised to strengthen its relationship with our Made ups suppliers. The Malaysian buyers were looking to shift from China sourcing while Iran was looking forward to sourcing more of home textiles. Kenya and Tanzania on the other hand were looking to shift sourcing to India from Pakistan.

    Secretary Textiles briefed the participants on policies and programs to fill the structural gaps in supply chain while he urged the buyers to look at a wide and unique array of handlooms that India produces, as part of their portfolio for sourcing.

    Shri Ajit Chavan, Secretary Textile Committee and Shri PK Agarwal, CMD, CCI along with senior officers from Ministry of Textiles’ offices joined the deliberations and Inauguration of the event held physically after a gap of two years by Texprocil under the able leadership of Shri Manoj Patodia, Chairman TEXPROCIL, Shri Sunil Patwari, the incoming Chairman, TEXPROCIL and Dr Siddhartha Rajagopal, ED TEXPROCIL.

    “Ind-Texpo is the flagship event of TEXPROCIL and over 80 buyers from 25 countries are attending the Show to explore business opportunities with 50 Indian suppliers of cotton textiles and their blends,” added Shri Patodia.

    www.texprocil.org

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  • Indian Textile Industry to Expand In 5 to 7 Years to USD 250 Billion and Achieve USD 100 Billion Exports – Chairman, Texprocil – Primex News Network

    Indian Textile Industry to Expand In 5 to 7 Years to USD 250 Billion and Achieve USD 100 Billion Exports – Chairman, Texprocil – Primex News Network

    Winners of TEXPROCIL Export Awards 2020 – 2021 seen with dignitaries

    Mumbai, August 26: Shri Upendra Prasad Singh, Textile Secretary, stated that the government is looking at value-added exports like fabrics, made-ups & home textiles as exports of raw materials may not rise further due to increasing local demand.

    While felicitating the winners of the TEXPROCIL Export Awards 2020 – 2021 on 23rd August 2022 in Mumbai, he informed that the govt had commissioned the PLI Scheme, MITRA Parks Scheme, and GATI Shakti Scheme, intending to attract investments in the sector, reform infrastructure and address logistic bottlenecks. He also said that focusing on key growth areas like ‘sustainable textiles’, ‘technical textiles’ and ‘natural fibres’, and high-end technology is the success mantra for the future growth of the textile industry.

    Mr. Upendra Prasad Singh, Union Textile Secretary and Ms. RoopRashi, Textile Commissioner, felicitated the winners of TEXPROCIL EXPORT AWARDS 2020 – 2021 at Hotel President, Mumbai on 23rd August 2020. The Cotton Textiles Export Promotion Council (TEXPROCIL) distributed 61 awards to 45 companies in 33 categories.

    Shri Manoj Kumar Patodia, Chairman – TEXPROCIL, stated that textile and apparel exports achieved their highest level in 2021 – 2022 with an export turnover of USD 44.4 Billion, growing by 40% over the previous year. During the same period, the export of cotton textiles (including raw cotton) grew by 54%, reaching a level of USD 16.42 Billion. In the next 5 to 7 years, the Indian textile industry could expand in size to USD 250 Billion and achieve exports of USD 100 Billion.

    He further added that as far as FTAs are concerned, the industry is already focusing on taking maximum benefits from present FTAs concluded with UAE and Australia, which provides zero-duty access to Indian products in these markets. The conclusion of FTAs with Canada, EU, UK, Israel and GCC countries will give a further impetus and boost trade. The Govt has worked out a Rupee Trade mechanism which will help Indian suppliers in exporting textile products to countries like Russia, Sri Lanka and Iran, he said.

    Shri Patodia also highlighted the tie-up between Texprocil and Control Union for traceability as it has recently gained significant traction. It will help companies across the value chain to subscribe to the General Certificate of Conformity program and ensure complete traceability from the finished good to the fibre stage.

    The Chairman highlighted issues which, if resolved, could help India attain higher exports. Some of these issues were the import duty on cotton and the prices of Indian cotton, which he felt needed to be regulated as they were higher than international prices. ShriPatodia also spoke about the need to increase the RoDTEP rates in Knitted Fabrics and items under HS 9404, which were, by definition, home textiles but were given lower rates than home textile items.

    www.texprocil.org

  • TEXPROCIL appeals to Govt to intervene to control high input costs – Primex News Network

    TEXPROCIL appeals to Govt to intervene to control high input costs – Primex News Network

    Shri Manoj Patodia, Chairman – TEXPROCIL

     New Delhi (India), May 11: Prices of all varieties of raw cotton, which is a major raw-material for textiles & clothing products, has increased sharply since the last many months.  “The steep increase in the prices of raw cotton is a matter of deep concern for the entire value chain of cotton textiles such as home textiles and fabrics as it makes them uncompetitive in the export markets” said Shri Manoj Patodia, Chairman of The Cotton Textiles Export Promotion Council   (TEXPROCIL).

    As a result of the high raw cotton prices production costs for large , medium and small exporters have gone up to such an extent that export orders taken a few  months back or earlier could now be executed only at a loss, pointed out Shri Patodia.

    The Chairman, TEXPROCIL urged the Government to intervene in this matter urgently so that prices of raw materials remain stable and exporters of value added segments like home textiles and fabrics can take a long term perspective while negotiating export orders.

    www.texprocil.org

  • TEXPROCIL welcomes the Removal of Import Duty on Cotton – Primex News Network

    TEXPROCIL welcomes the Removal of Import Duty on Cotton – Primex News Network

    Mr. Manoj Patodia, Chairman -TEXPROCIL

    Mumbai (Maharashtra) [India], April 19: The Government has permitted duty free imports of cotton for the period April 14 – September 30, 2022 vide a notification issued on 13th April by the Ministry of Finance. Shri Manoj Patodia, Chairman of TEXPROCIL (The Cotton Textiles Export Promotion Council) thanked the Hon’ble Prime Minister Shri Narendra Modi ji for giving a “Baisakhi” gift to the textile industry, as the measure will benefit the entire textile value chain namely yarns, fabrics, garments and made ups and provide relief to consumers.

    He also thanked the Hon’ble Minister of Commerce, Industry, Textiles, Consumer Affairs, Food and Public Distribution, Shri Piyush Goyal for his untiring efforts to ensure that the Indian textile industry maintains its competitive edge in world markets.  Shri Patodia hoped that going forward the prices of cotton which has reached unreasonable levels will stabilise and the textile industry will be able to increase its exports.

    www.texprocil.org