Cir(125)/2023 October 26, 2023 Committee: Dear Sirs/Madam, Every year Ministry of Finance holds stakeholder discussions with the industry to get their feedback/suggestions for the Union Budget. CITI actively participates in the pre-budget consultation every year and represent the industry issues to the Government for their resolution. CITI is in the process…
Month: October 2023
Cir(120)/2023 October 18, 2023 Committee: Dear Sirs/Madam, It is being reported that imports of cheaper fabric are increasing significantly in India particularly, Chinese fabric routed through duty free access countries, which is hurting the domestic industry. The industry is of the viewpoint that it is essential to check imports of such…
PRESS RELEASE –Dated: 6 October 2023, NEW DELHI “Pricing” is an important driver for achieving profitability. While a lot of focus is there on fixed cost reduction and variable cost reduction, pricing strategy lacks the required focus at times. To deliberate on this crucial subject, CITI has organized a…