Home / Knowledge / News / Textile body expects R&D support in new trade policy
Textile body expects R&D support in new trade policy
May '08
Lasbella Chamber of Commerce and Industry (LCCI) President Salim H. Mandviwala has suggested that all the textile items be given Research and Development (R&D) support in the 2008-2009 trade policy.

He noted that in the 2007-2008 trade policy, the R&D support was given to textile sector was restricted to some items exported by Pakistan and its payment procedure was very cumbersome.

To encourage export of new items and to explore new markets, he suggested that R&D support be extended to those sectors, which were not included in the previous policy, and demanded that the procedure of payment of R&D support amount to the exporters should be simplified.

He said that the negotiating bank should collect all the required documents from the exporters for the payment of R&D and pay the same to the exporters at the time on negotiations of export documents.

He noted that the government had adopted new harmonized coding version from June 9,2007. However, the export policy order and import policy order 2007-08, bore old H.S Codes, and in some schedules appendices and annexure, the H.S. Codes were not mentioned at all.

Lasbella Chamber of Commerce and Industry

Must ReadView All

Textiles | On 24th Oct 2016

Indian govt plans roadshows to promote textile exports

The Indian government has planned to conduct roadshows to boost the...

Textiles | On 24th Oct 2016

TPP may hit roadblock

The 12-member Trans-Pacific Partnership (TPP) that was signed earlier ...

Textiles | On 24th Oct 2016

Baba Ramdev’s Patanjali to enter textile manufacturing

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev,...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search