Editorial August-2019 Indias Leading Market
25 Jan 2020
India is one of the largest producer of garments & textiles. The Textile & garments industry in India is highly diversified with a wide range of segments ranging from products of traditional handloom, handicrafts, wool and silk products to the organized textile industry. It is one of the oldest industry in the Indian Economy. The Indian Textile Industry is capable of producing a wide range of products which is suitable to variety of market segments, both within India & across the world.
The Indian Government is has come with new export policies for the textile industry, which are:
- The Government of India has raised the basic custom duty from 10% to 20% on over 501 textile products to boost the Make in India campaign and the originating production as on August 2018.
- The Directorate General of Foreign Trade (DGFT) has revised rates for incentives under the Merchandise Exports from India Scheme (MEIS) for two sub sectors of Textiles Industry - Readymade garments and Made ups - from 2 % to 4 %.
- Several measures have been taken including Amended Technology Up-gradation Fund Scheme (A-TUFS), scheme is estimated to create employment for 35 lakh people and enable investments worth Rs 95,000 crore (US$ 14.17 billion) by 2022.
CPHI & P-MEC is coming back this November which would help companies look forward to latest trends and innovations in the market. There is a special Exhibitor Showcase, a commercial platform that would educate the pharma companies. It will take place on 26-28 November, 2019 in Noida, Delhi NCR.
The exhibition has an aim to bring together 43,000+ attendees and 1,500+ exhibiting companies. More than an exhibition, the event also facilitates finding the right partners with its matchmaking tool, celebrates innovation with the Awards and encourages knowledge gathering and sharing with its Conference.
Next coming up is the 37th Bangladesh Dye+Chem International Expo in Dhaka, on 4-7 September, 2019. It is an exclusive Gateway to the all kinds of Dyes And Fine & Specialty Chemicals sector of Bangladesh. It’s a perfect platform to for B2B sector of Bangladesh. With the rapidly increasing Dyes & Chemical sector and investments happening with active involvement of the private sector and the Government liberalising its policies, Bangladesh makes a perfect destination to further mark your presence or further expand your business and forge business deals.
This year, our magazine is accomplishing 37 years & are offering great deals for the first time advertisers. Our website, chemicalmarket.net will be launched this month that will help the potential buyers & sellers to expand their business and connect with people all around the world. We have introduced Product Catalog, Buy and Sell Leads & Priority Leads which is a simple portal for people and companies in the chemical industry. Technology is a great medium to connect to people & we want to leverage it for higher profits.
You can also find our magazine available on the portal alongside events, conferences, latest news, interviews, reports & chemical prices subscription models. Visit our new portal ChemicalMarket.net & please drop in your reviews.
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