The following is a round-up of apparel and footwear news from the world’s local media.

  • India’s Textile Ministry is to reimburse apparel and garment exporters for the state levies that they pay, with the help of INR5bn from the Finance Ministry. The Rebate of Stat Levies (ROSL) scheme is part of the INR60bn special package approved for the sector last year. The reimbursements will begin this week. ECONOMIC TIMES (INDIA)

  • A free trade agreement between India and the European Union (EU), besides rationalisation of taxes and duties, would help promote the growth of India’s apparel sector, according to a report by the the Confederation of Indian Industry (CII) and the Boston Consulting Group (BCG). “Duties and taxes must be rationalised to avoid inefficiencies and high energy and overall costs. A power subsidy, inclusion of power charges under the Goods & Services Tax (GST), and similar rates for both cotton and synthetic products are recommended,” the report says. It adds that industry should engage in driving productivity through extensive training and investments in process improvements and automation. MONEY CONTROL

  • The Northern region of India’s textile industry is calling for a technology upgradation fund, the rationalisation of duty structure on man-made fibres, and a lowering of import duty on raw materials used in making finished products in the upcoming Budget. The industry is also pitching for rationalisation of duty structure on man-made fibres to enhance the sector’s competitiveness globally and increase its share in the global textile trade. At present, man-made fibres attract 12.5% excise duty. TRIBUNE INDIA

  • India’s Textiles Minister, Smriti Irani, has emphasised the need to increase cooperation with Bangladesh in areas such as jute and fabrics to promote trade and investment. Businesses in both countries should collaborate in sectors such as textiles, she said, to explore global markets. INDIAN EXPRESS

  • The Egyptian textile industry is eyeing the Brazilian market, with several companies from the country having contacted Egypt’s trade office in São Paulo looking for help finding local buyers. According to data from the Foreign Trade Secretariat of the Ministry of Industry, Trade and Services (MDIC), Brazil imported US$9.4m textile products from Egypt last year. ANBA

just-style has not checked these stories so cannot guarantee their accuracy.

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