Home / Knowledge / News / Textiles / Handicrafts sector gets due importance in Annual Supplment
Handicrafts sector gets due importance in Annual Supplment
Aug '10
Hailing the changes announced by Union Commerce and Industry Minister Anand Sharma in the Annual Supplement 2010-11 to the Foreign Trade Policy 2009-14, Export Promotion Council for Handicrafts (EPCH) said that Handicraft sector has been given due importance in this Annual Supplement.

The Minister, in continuation to the Foreign Trade Policy that he announced in August, 2009, has kept the incentives in the Annual Supplement thereby not only continuing but also adding to the support to the labour intensive sector.

In his speech, Mr. Sharma reiterated that “the fundamentals of our economy were strong; our growth was pulled down to 6.7%. Our exports posted negative growth and labour intensive exports were worst affected.”

Mr. Raj Kumar Malhotra, Chairman, EPCH, hailed the 2% increase in Duty Credit Scrip for all Handicrafts items under Focus Product Scheme and also the other beneficial provisions for sector.

"The Incentives offered will provide fillip to the exports of Handicrafts and will surely result in double digit growth in the year 2010-11", Mr Malhotra added.

Mr. Rakesh Kumar, Executive Director, EPCH, welcomed the incentives and reiterated the commitment of the Council towards the growth and development of the Sector.

He said, "The benefits will further help the exporters in face the challenge posed by the global economic slowdown".

The incentives offered in 2009-14 has resulted in positive export growth in many sectors. However, there is still a lot to be done to maintain the growth in the future. He further said that there is still a shroud of uncertainty over the fragile nature of global economic recovery hence the need for additional benefits to the sectors.

The Handicrafts Sector has been given due importance in this Annual Supplement and the following benefits have been offered to the Sector:

All handicrafts exports at present entitled to 5% duty credit scrip on exports under Focus Product Scheme shall be entitled to additional benefit of 2% of bonus over and above the existing benefit of 5%. The benefit shall be available on exports with effect from April 01, 2010. All handicrafts means 67 items under Table 2 and 44 items under Table 5 of Appendix 37D of Hand Book of Procedure Vol -1 of 2009-14.

Barmer (Rajasthan) has been added in the list of Town of Export Excellence (TEE) under Appendix 7 of Hand Book of Procedure Vol-1.

The facility of Duty Free Import of tools under Duty Free Import Scrip (non functional at present due to non –issue of custom notification on the subject) shall be made operational.

Further, there has been extension in case of DEPB (till 30 June 2011), Zero duty EPCG scheme (till 31 March 2012) and status holder incentives scheme (till 31 March 2012).

Export Promotion Council for Handicrafts (EPCH)

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Victor Chao

‘In future, clothing boundary lines will become increasingly blurred.’

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Marten Alkhagen
Swerea IVF AB

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

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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