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A.SAKTHIVEL PRESIDENT
Apparel industry representatives meet Vice President, seek removal of 11 pc import duty on cottonApparel industry representatives met Vice President C P Radhakrishnan and other ministers, urging the removal of an 11% import duty on cott...
FIEO seeks Emergency Credit Line Guarantee Scheme's extension till March 2024The ECLG Scheme was introduced in the middle of the pandemic in May 2020 with the aim to support MSMEs meet their liabilities. The scheme r...
Budget Demand: Exporters seek fiscal support, credit at affordable ratesIn the customary pre-budget interaction with finance minister Nirmala Sitharaman, exporters pitched for reduction in customs duty and sough...
Sportswear from India's Tirupur to Qatar World Cup 2022As per the Omanobserver, Tirupur in Tamil Nadu started out as a knitwear cluster but has since completely changed into the nation's centre ...
February exports up 25.1%, yet trade deficit widensData released by the commerce and industry ministry on Monday showed that imports during the month jumped 36% to $55.45 billion, with inbou...
Exporters across sectors are flushed with orders for next fiscal: FIEO"Since India will be adding over USD 130 billion or so in the current fiscal, we should aim to build on the same and thus aim much higher. ...
RoDTEP rates to give predictability, liquidity to exports: FIEOExports are on course to achieve $400 billion in the current fiscal, but logistics challenges, particularly unavailability of containers, s...
$400 bn export target ambitious but achievable, needs aggressive marketing: FIEO“The government aims at the export of $400 billion in the current fiscal. This looks a little ambitious but certainly achievable... Such a ...
- A Sakthivel elected chairman of Federation of Indian Export Organisation, Southern Region
A recipient of Padma Shri in 2009, Sakthivel also served as chairman of Apparel Export Promotion Council.
RBI monetary policy fails to meet exporters' expectationsThe government was yet to announce 3 per cent interest subvention scheme on packing credit which expired on March 31 last.
Budget 2014: Trade and industry bodies welcome the budgetSIMA Chairman T Rajkumar said that by exempting cotton transport loading and unloading services from the purview of service tax, will give ...
Garment exports from Tirupur show 19% rise in Q1Exports stood at Rs 13,000 crore in 2012-13, growing by 8% from the previous year. But this year the exporters are expecting double digit g...
- Exporters disappointed with RBI Monetary policy
Tirupur Exporters Association today expressed disappointment with the RBI's Mid-Quarter Monetary Policy review, saying there was no announc...
AEPC to organise several trade fairs to boost apparel exportsAEPC today said it has lined up a series of trade fairs and exhibitions in countries like Colombia, Panama and New Zealand to boost the sec...
- Tirupur Exporters Association disappointed at RBI's mid-quarter monetary policy
Tirupur Exporters Association has expressed disappointment at RBI's mid quarter monetary policy.
- Tirupur exporters cut output 10-15%
Lower textile shipments to the US and European nations have forced the Tirupur export units to cut down production by 10-15% and reduce the...
- FIEO wants banks to share losses on derivatives
Reserve Bank should ask banks to share up to 50 per cent of the losses suffered by exporters on derivative contracts they have entered to h...
- Budget fails to cheer exporters; more layoffs feared
FIEO today warned of more layoffs unless the Centre announces immediate steps to help the sector.
- Govt extends interest subsidy to exporters till Sept
The Government extended interest subsidy till September for exporters, who said they were expecting more in the face of extraordinary chall...
- FIEO welcomes hike in duty drawback rates
The recommendations have to be implemented to ensure an all-pervasive growth of the export sector, A Sakthivel.