Home / Knowledge / News / Textiles / FIEO welcomes cotton yarn exports
FIEO welcomes cotton yarn exports
11
Mar '11
Welcoming the decision of the Government to allow export of 720 million Kgs of cotton yarn during the current fiscal, Mr. Ramu S Deora, President, Federation of Indian Export Organisations (FIEO) said that this will provide respite to the cotton yarn exporters who were waiting for the same since long and have accumulated large stocks in anticipation of exports .He complimented Shri Anand Sharma, Commerce & Industry Minister for the same.

Mr. Deora said that he expects that allocation of quantities to the applicant exporters will be expedited and scrutiny of the Letter of Credit or Foreign Inward Remittance Certificate, if required, should be done on priority by DGFT giving adequate time to exporters to make the shipment of the requisite quantities.

FIEO Chief observed that export of cotton yarn will assist in increasing our exports for 2010-11 which is all set to cross FIEO target of US$ 225 billion as we have already touched US$ 208 Billion by Feb 2011. Mr Deora said that our dream of realizing US$ 500 Billion by 2014-15 wil definitely come true.

Federation of Indian Export Organisations (FIEO)


Must ReadView All

Apparel/Garments | On 26th Jun 2017

GSTN registration reopens

E-commerce operators and TDS (tax deducted at source) deductors can...

Textiles | On 26th Jun 2017

Expedite release of ROSL pending claims: TEA to Centre

The Tiruppur Exporters' Association (TEA) has again urged Union...

Textiles | On 26th Jun 2017

'Export promotion schemes to continue under GST regime'

The export promotion schemes will continue under GST regime, said...

Interviews View All

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Mark Paterson
Technical Absorbents Ltd

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Johan Berlin
InvestKonsult Sweden AB

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

news category


Related Categories:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


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