Home / Knowledge / News / Textiles / SIMA approaches S Gurumurthy to lobby their case
SIMA approaches S Gurumurthy to lobby their case
Oct '15
With India's textile exports continuing to decline this year, the Southern India Mills Association has approached commentator and corporate advisor S Gurumurthy to lobby their case to improve the health of the textile industry, it said in a press release.

SIMA Chairman M Senthilkumar said the 12-nation Trans Pacific Partnership (TPP) can potentially dent Indian textile exports further because of duties ranging between 14 to 32 per cent in while competitor and TPP member Vietnam would have zero duty access in TPP countries.

At a meeting between Gurumurthy and 20 textile associations, Senthilkumar requested him to impress upon the Central Government to release adequate funds to clear all the pending TUF subsidies to sustain Rs 1 lakh crores investments already made.

SIMA also pitched for 3 per cent interest subvention for all textile products till the country achieves the envisaged growth rate in exports and has also asked for suitable market specific incentives under MEIS till the FTAs are concluded.

The SIMA chief also asked Gurumurthy to ask the government to remove 5 per cent import duty, 4 per cent special additional duty, anti-dumping duty and reduce central excise duty from 12.5 per cent to 6 per cent to make MMF available at international price.

SIMA also reiterated its demand that the government make the Cotton Corporation of India (CCI) adopt industry-friendly trading policy.

Senthilkumar also asked Gurumurthy to persuade the government to announce stable and win-win strategy policies including the Textile Policy and implement the GST.

Gurumurthy appreciated textile industry's efforts to sensitize the government through him, but advised the industry to come up with a proposal which is good for the nation, industry and society at large.

He also advised the industry to come out with more facts and figures and analytical report underlying the condition of the industry and its demands. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

Apparel/Garments | On 26th Oct 2016

SGS develops 4C chemical management model for apparel

SGS, a leading inspection, auditing, certification, testing, and...

Textiles | On 26th Oct 2016

Platinum Equity acquires International Textile Group

International Textile Group (ITG) has been acquired by Platinum...

Textiles | On 26th Oct 2016

Whitehouse & URI Business Centre start RI textile network

Senator Sheldon Whitehouse and the University of Rhode Island...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Lynda Kelly
Suominen Corporation

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Jay Ramrakhiani
Occasions Elegance Wear

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

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