Home / Knowledge / News / Textiles / Handicraft exporters demand EOU status
Handicraft exporters demand EOU status
03
Jun '09
Handicraft exporters affected by recession, demanded equal treatment, by equating them with Export-Oriented Units (EOUs). These exporters expect new Textile Minister Dayanidhi Maran to take up their issues with the Finance Ministry.

The handicraft exporters in Moradabad, Jaipur, Jodhpur, Udaipur, Saharanpur and Narsapur are not given fiscal and other benefits as that of EOUs, even though they do business with the outer countries.

In this regard, an official from the Export Promotion Council for Handicrafts (EPCH) said that the handicraft exporters should be considered as EOUs as the handicraft units are totally export oriented, who don't sell any of their products in the domestic market.

The official further informed that the EPCH would soon approach the government with its demands. The EOUs are enjoying benefits like duty-free imports and are also exempted from capital goods income tax for 10 years.

Demand for items like metalware, imitation jewellary, wooden items and wall hangings fell by 48 percent in the year 2008-09 and about 500,000 artisans out of the one million have lost their jobs due to recession.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Saket Garg
Garg Corporation

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

Steve Cole
Xerium Technologies

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Prathyusha Garimella
Prathyusha Garimella

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search