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Post by: Arnold Thomas in Business Startup Government Initiatives
RoSCTL Scheme The Director-General of Foreign Trade (DGFT) has announced Rebate of State and Central Levies and Taxes (RoSCTL) scheme to improve the exports especially the textiles which will be expanded to other sectors as well. The GOI has come…
Post by: Arnold Thomas in Government Initiatives
Composite Mills Certificate The Textile Commissioner, Ministry of Textiles, issues a Composite Mills Certificate for the Composite Mills engaged in the manufacturing of both yarn and cloth. The certificate helps the importers in the textile industry to obtain duty concessions…
Post by: Arnold Thomas in Government Initiatives News
Technical Textile Scheme Technical textile is one of the fast-growing sector and major revenue-generating field in India. Technical textile includes medical textiles, agro textiles, protection textiles, geotextiles and materials for automotive applications. There are a high consumption and export demand…
Post by: Arnold Thomas in Government Initiatives
Samarth Scheme for Capacity Building in Textile Sector (SCBTS) The textile industry is one of the major revenue sectors in the country. The Ministry of Textile, Government of India, has recently approved for a new scheme called Scheme for Capacity…
Post by: Arnold Thomas in Government Initiatives
Service Centre Scheme for Knitting and Knitwear Clusters The knitting and knitwear sector are the major segments of the entire textile value chain. It contributes about 27 percent of the total fabric production and about 15 percent of the knitted fabric…
Post by: Arnold Thomas in Government Initiatives
Apparel Park Considering the stable demand for Indian-made textiles, the central government launched the Apparel Park for Exports scheme. It provides financial assistance to set up apparel parks that house textile manufacturing units. The focus is on making high-quality textiles…
Post by: Arnold Thomas in Government Initiatives
Pashmina Wool Development Scheme India produces one of the finest Pashmina (Cashmere) wools in the world. Ladakh region of Jammu & Kashmir has more than 2.5 Lakhs of Pashmina goats which contribute to the total Pashmina production in the country.…
Post by: Arnold Thomas in Government Initiatives
Integrated Processing Development Scheme (IPDS) The Integrated Processing Development Scheme (IPDS) was launched to address problems faced by the textile processing industry. This scheme is designed to counter challenges such as non-availability of water for processing and environmental pollution caused…
Post by: Arnold Thomas in Government Initiatives
Scheme For Integrated Textile Park (SITP) To afford a world-class infrastructure and to build trust in the Textile Industry, the Indian Government has launched a Scheme for Integrating Textile Parks (SITP). About the Scheme In the year 2005, the Government…
Post by: Arnold Thomas in Business Startup Government Initiatives
Yarn Supply Scheme (YSS) Yarn is the major raw material used by the handloom sector. Being dependent on yarn, manufacturers/traders and handloom weavers are facing shortage with escalating prices. The National Handloom Development Corporation Limited (NHDC) was set up to…