Clarification on the DGFT’s notification on the extension of Interest Equalization Scheme (IES) Dear Sirs/Madam, DGFT vide its trade notice no. 08/2024-25 dated 10th July 2024 has issued the below given clarification concerning the extension of the Interest Equalization Scheme (IES) for Pre and Post shipment Rupee Export Credit…
Management Development Program on ESG Tailored for Sustainability Managers in the Textile Sector Dear Sirs/Madam, Greetings from the CITI! CITI is excited to offer a unique management development program designed to equip you with the knowledge and skills to effectively implement Environmental, Social, and Governance (ESG) practices within the textile sector.…
New Delhi, 9 July 2024 – The Confederation of Indian Textile Industry (CITI) and the Taiwan Textile Federation (TTF) have signed a Memorandum of Understanding (MOU) aimed at significantly enhancing cooperation and fostering exchanges in the textile and clothing industries. The agreement was formalized by Mr. Rakesh Mehra, Chairman of…
Invitation to join CITI Delegation to ITMF 24 Annual Convention at Samarkand, Uzbekistan – 8- 10 September 2024 Dear Sirs/Madam, We are happy to share that this year the International Textile Manufacturers Federation (ITMF) is holding its much awaited Annual Conference 2024 in Samarkand, Uzbekistan from September 8-10. The annual convention…
Invitation to participate in Capacity Building Workshop on “Sustainable Practices: Navigating Social and Environmental Due Diligence” on 25th July 2024 in Coimbatore Dear Sirs/Madam, The European parliament has adopted the Corporate Sustainability Due Diligence Directive (CSDDD) in April this year. This development has significant implications for the Indian suppliers working with “in-scope”…
(New Delhi, 25 June 2024) As per the cotton estimates released by the Committee on Cotton Production and Consumption (COCPC) for cotton season 2023-24, cotton consumption is expected to increase to 351 lakh bales in 2023-24 from about 330 lakh bales in 2022-23. Shri Rakesh Mehra, Chairman of the Confederation…
Highlights of the 53rd GST Council meeting held on 22nd June 2024 – reg. 53rd GST Council meeting which was the first GST Council’s first meeting after the election held on 22nd June 2024 under the chairpersonship of Union Finance Minister, Smt. Nirmala Sitharaman. While there were no direct announcements related to…
Cotton Balance Sheet for season 2023-24 as per the CoCPC meeting held on 24th June 2024 – reg. To deliberate upon the cotton production and consumption for the cotton season 2023-24, the third meeting of the Committee on Cotton Production and Consumption (CoCPC) was held on 24th June 2024 under the…
Appeal to procure/block MSP procured cotton available with Cotton Corporation of India – reg. To maintain the price stability in cotton, CITI, SIMA and other regional associations made concentrated efforts to avoid selling of MSP procured cotton to traders by the Cotton Corporation of India (CCI) and prioritize sale to…
Invitation to participate in Taiwan Smart Manufacturing Pavilion at Taiwan Expo 2024 from July 8-10, 2024 in Pragati Maidan, New Delhi at Taiwan Smart Manufacturing Pavilion Dear Sirs/Madam, This is to inform you that Taiwan External Trade Development Council (TAITRA) is organizing Taiwan Smart Manufacturing Pavilion at the Taiwan Expo from July…