Home / Knowledge / News / Textiles / DGFT to henceforth register cotton export contracts
DGFT to henceforth register cotton export contracts
18
Dec '10
In a notification issued by the Directorate General of Foreign Trade (DGFT), it will henceforth register, inspect and certify all future raw cotton exports from India.

In India, DGFT is the apex authority with respect to registering, inspecting and certifying all kinds of export goods from India.

However, in August, DGFT had transferred these powers to the Textile Commissioners Office, which works under the supervision of the Textile Ministry.

As of now, no new dates for registrations have been announced by DGFT nor any new quotas for raw cotton exports have been made known by the government.

With respect to extending the deadline for exporting registered raw cotton contracts, which got over on December 15, the government has still not issued any new guidelines.

The Textile Commissioners Office had registered 5.5 million cotton bales (I bale = 170 kg) meant for exports and had set a deadline for shipping the same by December 15.

However on December 15, it was noted that only 3.02 million bales out of 5.5 million had actually been exported.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Jan 2017

Textile industry demands relaxation of laws from Budget

The upcoming Union Budget 2017-18 should focus on relaxing certain...

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Interviews View All

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Steve Cole
Xerium Technologies

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

Sonam & Paras Modi
SVA

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Wendell Rodricks
Wendell Rodricks

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

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 2017

January 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