Issue dated - 07 October 2004

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BULLETIN BOARD

‘We want to promote India as a premium global brand through Heimtextil’
Forthcoming trade fair on home textiles — Heimtextil India 2004 (October 10-13), has evoked tremendous response among the domestic manufacturers of these value-added textiles which are going to drive the future growth in the industry.

TMMA chief highlights issues which hamper revival of machinery sector at 44th AGM
The Union government is likely to formulate a restructuring plan for the domestic textile engineering industry (TEI) in order to meet the growing demand of the textile industry. The Working Group set up by the Development Council for textile machinery industry under the chairmanship of Mr Subodh Kumar, textile commissioner, is currently in the process deliberating on various micro and macro issues.

 


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DEPB debacle
The sharp reduction in DEPB rates on textiles has created a significant doubt in industry’s mind about government’s policy intention to help it prepare for the global challenges in the post-MFA regime.
Home textiles: A key driver for textile exports

After more than 40 years of import quotas, the textile and clothing sector will become subject to the general rules of General Agreement on Tariffs and Trade (GATT) from January 1, 2005.


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