Home / Knowledge / News / Textiles / EPCH seeks speedy growth in India's handicraft exports
EPCH seeks speedy growth in India's handicraft exports
01
Mar '12
Export Promotion Council for Handicrafts (EPCH), an apex organization of trade, industry and Government, sponsored by Ministry of Textiles, Government of India for promotion of handicrafts, has sought some measures to further facilitate the growth in exports of India's handicraft items.

In its submission to the Director General of Foreign Trade (DGFT), EPCH said the growth rate of Indian handicraft exports can be further accelerated if the Government considers some issues.

The EPCH suggested that the duty credit of 7 percent currently being allowed on handicraft items be increased to 10 percent.

The Council also recommended that the policy of Deemed Exports be reintroduced so that the sale of handicrafts items to foreign tourists made in foreign currency can be considered as exports. This would enable producers to sell directly to foreign tourists visiting the country and boost their export performance.

Further, the EPCH said several more items need to be added to the list of trimming, embellishment and tools that are allowed duty free import. Adding new and latest items to the already existing list of 27 items that enjoy zero-duty import would enable artisans to produce more while improving the quality.

EPCH also sought the waiver of Service Tax in relation to business exhibitions organized by the Council in India, as these are exclusively B2B events.

Other issues raised by the EPCH officials during their meeting with DGFT include those related to the permission for import of samples of Indian origin as part of passenger baggage, credit card as export payment mode, withdrawal of increase in processing fees of certificate of origin for India's exports under GSP, and Port of Registration for making single consolidated application.

During the first 10 months of current financial year, India's handicraft exports grew to Rs. 899.212 million, showing a rise of 23.44 percent over exports worth Rs. 728.448 million achieved during the corresponding period of previous fiscal.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Stone Island

Apparel/Garments | On 25th Jun 2018

Stone Island has mastered ingredient branding: Braind

Italian high-end men's apparel brand Stone Island tops the list of...

Courtesy: Tecnorama

Textiles | On 25th Jun 2018

'Tecnorama automatic dyeing system offers efficiency'

Italy based Tecnorama’s fully-automatic machinery for dispensing...

Courtesy: Lenzing

Textiles | On 25th Jun 2018

Lenzing launches Veocel nonwoven speciality brand

Leading fibre company, the Lenzing Group has unveiled Veocel, the new ...

Interviews View All

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Paolo Ocleppo
Sandvik Hyperion

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Pranav Mishra
Huemn

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

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search