Close Menu
Decapitalist

    Subscribe to Updates

    Get the latest creative news from Decapitalist about Politics, World News and Business.

    Please enable JavaScript in your browser to complete this form.
    Loading
    What's Hot

    Budget reaffirms commitment to trade liberalisation

    June 29, 2026

    Lizzo breaks silence on ‘soul-crushing’ performance of new album

    June 29, 2026

    NI health: Resident doctors begin strike action over pay

    June 29, 2026
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    Decapitalist
    • Home
    • Business
    • Politics
    • Health
    • Fashion
    • Lifestyle
    • Sports
    • Technology
    • World
    • More
      • Fitness
      • Education
      • Entrepreneur
      • Entertainment
      • Economy
      • Travel
    Decapitalist
    Home»Business»Relief To Textile Exporters: Centre Extends Export Obligation Period | Economy News
    Business

    Relief To Textile Exporters: Centre Extends Export Obligation Period | Economy News

    Decapitalist NewsBy Decapitalist NewsAugust 30, 2025012 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email Telegram WhatsApp
    Follow Us
    Google News Flipboard
    Relief To Textile Exporters: Centre Extends Export Obligation Period | Economy News
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link


    New Delhi: The industry, on Saturday, welcomed the important step taken by the Directorate General of Foreign Trade (DGFT) extending the Export Obligation (EO) period under advance authorisation for products subjected to mandatory Quality Control Orders (QCOs) issued by the Department of Chemicals and Petrochemicals (DCPC).

    In respect of QCOs notified by the Ministry of Textiles, the EO period under advance authorisation had already been extended from six to 18 months.

    Together, these measures provide timely and much-needed relief to exporters of man-made fibre (MMF) textiles and technical textiles, according to an official statement.

    Add Zee News as a Preferred Source

    These measures will improve ease of doing business as well as improve competitiveness of Indian products.

    Under the Advance Authorisation Scheme, duty-free imports of inputs are permitted for use in physical exports, without the mandatory requirement of compliance with QCOs for such imports.

    This flexibility ensures continued availability of critical raw materials for the textile industry and facilitates uninterrupted export performance, the statement said.

    Notably, around 18 per cent of all advance authorisations are issued for the textile sector, underlining the significance of this facilitation measure.

    The import duty on cotton (Harmonized System code 5201) has been exempted till December 31, 2025, which will additionally strengthen raw material availability for the sector.

    The government through Production Linked Incentive, National Technical Textiles Mission extend, and interventions as above continues to support the textiles and technical textiles, which together constitute a key growth segment for textile production.

    India’s exports under the entire MMF value chain were valued at $8.46 billion in 2024-25, including $401 million of MMF fibre exports.

    These decisions will help ease input cost pressures, ensure raw material security, and support the global competitiveness of Indian textile exports.

    The measures and interventions by the DCPC and DGFT are proactive and forward-looking.

     

     



    Source link

    centre Economy Export Exporters extends Ministry of Textiles News Obligation period relief Textile Textile Export US-Tariff
    Follow on Google News Follow on Flipboard
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link
    arthur.j.wagner
    Decapitalist News
    • Website

    Related Posts

    Budget reaffirms commitment to trade liberalisation

    June 29, 2026

    President Zardari gives assent to Finance Bill 2026

    June 28, 2026

    Heathrow forecasts 1.1% fall in passenger numbers this year because of Iran war

    June 26, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Coomer.Party – Understanding the Controversial Online Platform

    August 8, 2025981 Views

    ‘Even Warren Buffett Has Accepted…’: Robert Kiyosaki Warns Investors Of Major Shock Ahead | Markets News

    October 2, 2025267 Views

    All About Myla, Charlene, Leo and Lenny

    July 13, 2025229 Views
    Don't Miss

    Budget reaffirms commitment to trade liberalisation

    June 29, 2026 Business 05 Mins Read0 Views

    ISLAMABAD: The passage of the 2026-27 annual budget last week heralds two significant tax reforms…

    President Zardari gives assent to Finance Bill 2026

    June 28, 2026

    Heathrow forecasts 1.1% fall in passenger numbers this year because of Iran war

    June 26, 2026

    Beyond oil tanks: Strategic pricing reserves, the new mantra for India’s energy security

    June 25, 2026
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    About Us

    Welcome to Decapitalist — a post-capitalist collective dedicated to delivering incisive, critical, and transformative political journalism. We are a platform for those disillusioned by traditional media narratives and seeking a deeper understanding of the systemic forces shaping our world.

    Most Popular

    Budget reaffirms commitment to trade liberalisation

    June 29, 2026

    Lizzo breaks silence on ‘soul-crushing’ performance of new album

    June 29, 2026

    Subscribe to Updates

    Please enable JavaScript in your browser to complete this form.
    Loading
    • About Us
    • Contact Us
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions
    Copyright© 2025 Decapitalist All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.