Govt to set up expert panel to better facilitate carpet exports
The Dollar Business Bureau The Indian government will constitute a carpet export panel consisting of textile experts from the textile department and from the Export Promotion Council/Trade to ensure expeditious examination and speedier disbursal of drawback on carpets. The Directorate General of Export Promotion (DGEP) said these experts will complete a market inquiry within fifteen days, failing which export benefits to the exporters should be extended. The government said a post-facto action may be taken in view of results of inquiry and export benefits be held beyond 15 days only with the written approval of the Commissioner. It also underlined that exports will not be stopped. The board “had also provided a list of members of Carpet Export Promotion Council (CEPC) whose assistance can be taken when Customs ...
31st India Carpet Expo realises Rs.260 crore business
The Dollar Business Bureau The 31st edition of Indian Carpet Expo, organised by Carpet Export Promotion Council(CEPC), ended on Monday after having showcased Indian weaving skills amongst overseas carpet buyers. The four-day expo that was inaugurated by Union Textiles Minister, Santosh Kumar Gangwar, on March 11, 2016 at NSIC Exhibition Complex, Okhla Industrial Estate, New Delhi, showcased products from 270 reputed small, medium and large manufacturer exporters across the country. The Expo is said to have generated over Rs 260-300 crore of business mainly from 410 foreign carpet buyers from 58 nations, according to CEPC. “Expo will lead to opening up of new market opportunity for the industry and will help small and medium Indian carpet exporters in promoting their products in ...
