Textile industry pins high hopes on Union budget

The council has also sought procedural simplification by Tax Collected at Source (TCS) and concessional tax regime (CTR) for expansion to boost investment in the sector.

published on : 22nd January 2021

AEPC seeks measures to establish PTA with UK

Apparel exports to UK, which is India’s third largest export destination after the US and UAE, have been facing a tariff disadvantage of 9.6 per cent against countries like Bangladesh.

published on : 19th November 2020

AEPC urges commerce ministry to start talks for preferential trade deal with UK to boost exports

AEPC Chairman A Sakthivel said that the agreement would help in removing the customs duty disadvantages faced by domestic players in the UK.

published on : 18th November 2020

Manufacturers of N95 masks seek permit to begin exports

The textile hub in Tamil Nadu, Tirupur alone can manufacture over 3 Crore pieces of N95 masks monthly besides regular cotton/2/3 ply masks.

published on : 3rd September 2020

Apparel exporters’ body calls for sealing free-trade pacts expeditiously

The Council pointed out that Indian apparel exports have a duty disadvantage of 9.6 per cent in the EU market as compared to competitors like Bangladesh, Cambodia, Sri Lanka and Pakistan.

published on : 14th July 2020

AEPC bats for free trade agreements with European Union, US, Australia, Canada

In his letter, Sakthivel cited that the industry has taken several hits due to the COVID-19 pandemic and business in principal exports markets like US, UK and Europe have been affected.

published on : 13th July 2020

Raise outstanding loan limit to Rs 100 crore for availing ECLGS: AEPC to govt

The eligibility criteria to apply for the Emergency Credit Line Guarantee Scheme (ECLGS) scheme may be amended with no annual turnover for exporters.

published on : 30th June 2020

Apparel exporters seek faster clearance of import consignments from China

The Indian apparel industry saw a decline of 91 per cent and 66 per cent exports in April and May 2020, respectively, the Apparel Export Promotion Council said.

published on : 26th June 2020

Apparel makers beef up efforts to reduce dependency on China amid heightened tensions

The Apparel Export Promotion Council (AEPC) has been promoting local production of goods, that are normally imported from China.

published on : 20th June 2020