Home / Knowledge / News / Textiles / India opens new window for cotton yarn exports
India opens new window for cotton yarn exports
02
Feb '11
The Director General of Foreign Trade (DGFT) under the Ministry of Commerce, India has opened a new window for cotton yarn exports. DGFT has now permitted balance exports of the sanctioned quota of 720 Million Kg for the year 2010-11.

It may be recalled that DGFT vide a notification dated December 22, 2010 had placed cotton yarn under ITC(HS) codes 5205 , 5206 & 5207 under the restricted category with export allowed subject to licensing.

DGFT is in the process of collecting data of cotton yarn exported during the period 1/4/2010 to 15/1/2011 and allocation will be made for the balance quantity keeping in view the decision of the government to limit the export of cotton yarn to 720 Million Kg. during the year 2010-11.

DGFT has decided to invite applications for allocation of quota for export of cotton yarn from February 2, 2010 to February 7, 2010. Allocation will be done on a pro-rata basis. The maximum that an applicant can apply is 100,000 Kg. per IEC or what has been exported by such IEC holder during 2009-10, whichever is more.

Earlier, a few days back the government had permitted exports of cotton yarn subject to the condition that the said yarn was produced from imported raw cotton.

Click here to view DGFT notification.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Feb 2017

China's textile & apparel exports up 10.2% in Jan 2017

Exports of textiles and garments from China resumed growth in the...

Apparel/Garments | On 28th Feb 2017

Delta Galil's Q4 operating profit jumps 80%

In the three months to December 31, 2016, operating profit at apparel ...

View of YiwuTex 2016; Courtesy: YiwuTex

Textiles | On 28th Feb 2017

Smart knitting system to grace 18th YiwuTex 2017

The thematic functional knitting machinery zone at the 18th YiwuTex...

Interviews View All

Vasanth Kumar
Max Fashion India

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

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Johan Berlin
InvestKonsult Sweden AB

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Sonam & Paras Modi
SVA

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

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