Home / Knowledge / News / Textiles / Steps to check entry of fake Chinese textiles
Steps to check entry of fake Chinese textiles
16
Jul '09
The Government has no information about the Chinese manufactured textiles being pushed into India with 'Made in India' labels. The imports from China to India, in any case, cannot affect India's textiles exports to Nigeria. This information was given by the Minister of State for Textiles, Smt. Panabaaka Lakshmi in the Rajya Sabha, in a written reply to a question by Shri Ishwar Singh and Shri Mahendra Mohan. India's textiles exports to Nigeria during the last three years are given below:

India's export of textile items to Nigeria - (Rs. in Lakh)

Description2005-20062006-20072007-2008April - January

2007-20082008-2009

India's Textiles Exports to Nigeria7324.6423321.3114060.1712072.2315271.48

The Minister further informed the House that no representation from the Indian textiles industry/association/trade body/export promotion council has been received about influx of fake Chinese textiles in India requesting for any action from the Government. In order to boost exports, arrest the impact of economic slowdown and to improve liquidity, Government had announced two stimulus packages on 7th December, 2008 and 2nd January, 2009 for the domestic industry including textiles industry which inter-alia, provide for the following:-

i) Additional allocation of Rs.1400 crore to clear the backlog of Technology Upgradation Fund Scheme (TUFS) (further allocation of Rs.3140 crore in the Budget 2009-10 has been announced);

ii) All items of handicrafts to included under 'Vishesh Krishi & Gram Udyog Yojana (VK&GUY)';

iii) Across-the-board cut of 4% in the ad-valorem Cenvat rate till 31.3.2009;

iv) Interest subvention of 2% upto 31.3.2009 subject to a minimum of 7% per annum on pre and post-shipment export credit (since extended to 31.3.2010 in the Union Budget 2009-10);

v) Provision of additional funds for full refund of Terminal Excise Duty/Central Sales Tax.

vi) Enhanced back-up guarantee to ECGC to cover for exports to difficult markets/products;

vii) Refund of Service Tax on foreign agent commissions of upto 10% of FOB value of exports as well as refund of service tax on output service while availing benefits under Duty Drawback Scheme;

viii) Credit targets of Public Sector Banks revised upward to reflect the needs of the economy;

ix) State Level Bankers Committee to hold meetings for resolution of Credit issues of MSMEs;

x) Guarantee cover under Credit Guarantee Scheme doubled to Rs. 1 crore with cover of 50%;

xi) DEPB rates restored to pre November, 2008 levels and extended till 31.12.2009;

xii) Duty Drawback on knitted fabrics enhanced retrospectively from 1.9.2008.

Ministry of Textiles


Must ReadView All

Union Minister for finance Arun Jaitley chairing the 25th GST Council meeting, flanked by minister of state for finance Shiv Pratap Shukla (right) and finance secretary Dr Hasmukh Adhia. Courtesy: PIB

Textiles | On 20th Jan 2018

GST rate on velvet fabric reduced to 5%

The 25th Goods and Services Tax (GST) Council meeting, held under the ...

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

Textiles | On 20th Jan 2018

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

The revenue from the petrochemicals segment at Reliance Industries...

Courtesy: Cotton USA

Textiles | On 20th Jan 2018

US cotton bodies pledge to support CCI activities

Ten US cotton organisations have pledged industry contributions in...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Johan Berlin
InvestKonsult Sweden AB

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

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 ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

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

January 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search