Apparel Export Promotion Council ’s Post

The Western region holds significance from India’s global trade point of view. The constituent states namely Goa, Gujarat, Madhya Pradesh and Maharashtra accounted for 47 per cent share of India’s total Foreign Direct Investment Equity inflow and contributed 50 per cent to India’s overall exports~ Swati Salgaocar, Chairperson, CII Western Region and President, V. M. Salgaocar & Brother Pvt Ltd at the 5th Global Trade Scenario in Mumbai. #CII4GlobalTrade #CIIGST2024 #CII4WR #globaltrade #internationaltrade #supplychain #Import #Export CIIEvents Confederation of Indian Industry CII International MP Industrial Development Corporation (MPIDC) MIDC Vibrant Gujarat Ministry of Commerce and Industry, Government of India Piyush Goyal Nirmala Sitharaman World Trade Organization UN Trade and Development (UNCTAD) Vir Advani

Government of India has been implementing the RoSCTL (Rebate of State and Central Taxes and Levies) scheme to make textile exports more competitive. Initially launched in 2019, the scheme has been extended several times and will now continue until March 2026 for apparels, garments, and made-ups (Chapters 61, 62 & 63). This extension aims to further enhance their cost competitiveness and provide policy stability for exporters. Rebates: - Rates are subject to review but eligibility criteria remain unchanged. - Other textile products (not under Chapters 61, 62, 63) can avail benefits under RoDTEP. Expenditure: - Quarterly review by a committee to ensure spending stays within budget. - Government can adjust rates and caps based on changing conditions. Implementation: - Fully digital process for issuing transferable Duty Credit Scrips. - Scrips issued without requiring export proceeds realization. Duration: - Scheme extended until March 2026 with guidelines from August 2021 remaining valid. #rosctl #textile #export

A Business Today deep dive by our Economy Editor Surabhi Prasad into the problems of India's MSME sector, which contributes one-third of the country's GDP. The sector is witnessing K-shaped growth post pandemic, with some segments recovering and others struggling badly. #BTImmersive #BTMagazine

Modi’s government would target the export-oriented sectors that face high import duties which hurt their competitiveness, Arvind Virmani, a member of the government’s policy making agency Niti Aayog, said in an interview on Friday. A Modi administration would also focus on lowering trade barriers and improving output-linked incentive plans, he said, adding that the finance ministry is identifying sectors where duties can be reduced. Read full story: https://buff.ly/49BXIP3 Piyush Goyal Ministry of Commerce and Industry, Government of India Ministry of Commerce and Textile Industry Trade Promotion Council of India FEDERATION OF INDIAN EXPORT ORGANISATIONS The Clothing Manufacturers Association Of India (CMAI) EPCH India HEPC India Darshana Jardosh WWEPC INDIA TEXPROCIL - The Cotton Textiles Export Promotion Council SRTEPC - The Synthetic and Rayon Textiles Export Promotion Council Sudhir Sekhri Mithileshwar Thakur #ModiGovernment #ExportOrientedSectors #TradeBarriers #ImportDuties #Competitiveness #EconomicPolicy #OutputIncentives #TradeReform #FinanceMinistry #NitiAayog

#NewIndia's #milkproduction has surged by ~51% in the last 8 years, reflecting substantial progress in the #dairysector. Learn more here : https://lnkd.in/fYcWpk4 #InvestInIndia #DairyProducts NITI Aayog Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India

#UttarPradesh has the highest share in India's #milk production at ~16% during 2022-23, playing a vital role in the growth of the country's #dairy industry. Learn more about the state at https://lnkd.in/fb7HBbB #StateFocus #InvestInUttarPradesh #InvestIndia #InvestInIndia #InvestInUP #DairySector NITI Aayog Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India

#UttarPradesh has the highest share in India's #milk production at ~16% during 2022-23, playing a vital role in the growth of the country's #dairy industry. Learn more about the state at https://lnkd.in/fb7HBbB #StateFocus #InvestInUttarPradesh #InvestIndia #InvestInIndia #InvestInUP #DairySector NITI Aayog Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India

#UttarPradesh has the highest share in India's #milk production at ~16% during 2022-23, playing a vital role in the growth of the country's #dairy industry. Learn more about the state at https://lnkd.in/fb7HBbB #StateFocus #InvestInUttarPradesh #InvestIndia #InvestInIndia #InvestInUP #DairySector #DidYouKnow Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India NITI Aayog

#Chhattisgarh's exports in FY 2022-23 amounted to a substantial ~USD 2 Billion, indicating its growing participation in global trade. Explore more at https://lnkd.in/fS8p8f6 #StateFocus #InvestIndia #InvestInIndia #InvestInChhattisgarh NITI Aayog Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India

#NewIndia's #milkproduction has surged by ~51% in the last 8 years, reflecting substantial progress in the #dairysector. Know more: https://lnkd.in/fYcWpk4 #InvestInIndia #DairyProducts #InvestIndia NITI Aayog Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India