Home / Knowledge / News / Textiles / Govt safeguards textile industry against unfair competition
Govt safeguards textile industry against unfair competition
07
Jul '10
The Customs Excise and Preventive Service (CEPS) as a part of its efforts to effectively redress the issue of unfair competition, prevailing in the domestic textile industry, have recently inked a Memorandum of Understanding (MoU) with textile manufacturers.

This much anticipated agreement, between the two came about as the Textile-Importers Association in the first part of June, consented to team up with the manufacturers for this proposition.

It is being disputed by the domestic textile industry for long that, as cheap textiles are imported within the country, the domestically produced textiles are faced with unfair competition, which is emerging as a threat to the existence of these domestic industries.

The overseeing responsibility in respect of the agreement has been conferred on the Ministry of Trade and Industry, which will now develop strategies to ensure that, all fake textiles entering the country are smashed outright.

An official of the General Secretary of Textile, Garments and Leather Workers Union (TEGLU) stated that, they, in order to aid CEPS in its task of obliterating the seized goods, would require some sort of financial assistance.

The task undertaken by CEPS is one that involves cost and if anyone desires to annihilate the confiscated lot, then it requires money. Some sort of capacity enhancement is also required by CEPS so that it could function efficiently and be of help to the concerned trade bodies.

The manufacturers too have been obligated to ensure that, they facilitate customs job, so that in the instance of any violation of the agreement, the party at fault could be taken care of. Thus, the agreement mainly touches CEPS and manufacturers, which will be facilitated by the Ministry of Trade.

Fibre2Fashion News Desk - India


Must ReadView All

Bangladesh garment exports rise 7.46% in July-Nov '17

Apparel/Garments | On 11th Dec 2017

Bangladesh garment exports rise 7.46% in July-Nov '17

Readymade garment exports from Bangladesh increased 7.46 per cent in...

Karl Mayer opens new workshop in Vietnam

Textiles | On 11th Dec 2017

Karl Mayer opens new workshop in Vietnam

Karl Mayer, Germany’s leading textile machinery firm, has announced...

Cotton USA promotes cotton at TITAS Taiwan tradeshow

Textiles | On 11th Dec 2017

Cotton USA promotes cotton at TITAS Taiwan tradeshow

Cotton USA, which promotes US cotton fibre and manufactured cotton...

Interviews View All

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Top executives
Textile industry, India

The event should be organised every year

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Ravindra Jain, Ashish Baid

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

Urmil Arya

Sushila International, a well established textile organisation established ...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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

December 2017

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
69.2%
No
12.1%
Skip
18.7%

Total Votes: 91

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
61.5%
No
30.8%
Skip
7.7%

Total Votes: 91

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
86.8%
No
9.9%
Skip
3.3%

Total Votes: 91

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
81.3%
No
8.8%
Skip
9.9%

Total Votes: 91


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