{"id":10915,"date":"2024-06-14T14:51:42","date_gmt":"2024-06-14T14:51:42","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=10915"},"modified":"2024-06-14T14:51:42","modified_gmt":"2024-06-14T14:51:42","slug":"textile-manufacturers-body-seeks-export-incentives","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/textile-manufacturers-body-seeks-export-incentives\/","title":{"rendered":"Textile manufacturers body seeks export incentives"},"content":{"rendered":"

With increase in yarn prices by almost 70%, backed by rising prices and high export demand, domestic manufacturers of textiles and apparel are losing their competitiveness to international counterparts like Bangladesh and China.<\/p>\n

In a bid to let the domestic fabric and apparel manufacturers stay competitive, members of Powerloom Development and Export Promotion<\/a> Council (PDEXCIL<\/u>) have sought special export incentives for fabric and apparel makers back Home<\/a>.<\/p>\n

Gujarat<\/u>is home to some 200 spinning units with an installed capacity of around 50 lakh spindles, according to estimates by All Gujarat Spinners Association (AGSA). According to PDEXCIL members, the government must support MSME exporters by providing intensives in the form of subsidy due to increased cost of yarn, Logistics<\/a> and raw materials over the past one year.<\/p>\n

The increase in cotton prices which has led to the increase in yarn prices was a key issue represented. In the past, Industry<\/a> players had demanded that yarn exports be restricted so that domestic demand can be met at competitive rates which will help makers stay competitive.<\/p>\n","protected":false},"excerpt":{"rendered":"

With increase in yarn prices by almost 70%, backed by rising prices and high export demand, domestic manufacturers of textiles and apparel are losing their competitiveness to international counterparts like Bangladesh and China. In a bid to let the domestic fabric and apparel manufacturers stay competitive, members of Powerloom Development and Export Promotion Council (PDEXCIL) … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1084],"tags":[897],"class_list":["post-10915","post","type-post","status-publish","format-standard","hentry","category-gujarat","tag-19-01-22"],"yoast_head":"\nTextile manufacturers body seeks export incentives - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/textile-manufacturers-body-seeks-export-incentives\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Textile manufacturers body seeks export incentives\" \/>\n<meta property=\"og:description\" content=\"With increase in yarn prices by almost 70%, backed by rising prices and high export demand, domestic manufacturers of textiles and apparel are losing their competitiveness to international counterparts like Bangladesh and China. In a bid to let the domestic fabric and apparel manufacturers stay competitive, members of Powerloom Development and Export Promotion Council (PDEXCIL) ... Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/current-affairs\/textile-manufacturers-body-seeks-export-incentives\/\" \/>\n<meta property=\"og:site_name\" content=\"Current Affairs Exam\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-14T14:51:42+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Textile manufacturers body seeks export incentives - Current Affairs Exam","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/current-affairs\/textile-manufacturers-body-seeks-export-incentives\/","og_locale":"en_US","og_type":"article","og_title":"Textile manufacturers body seeks export incentives","og_description":"With increase in yarn prices by almost 70%, backed by rising prices and high export demand, domestic manufacturers of textiles and apparel are losing their competitiveness to international counterparts like Bangladesh and China. In a bid to let the domestic fabric and apparel manufacturers stay competitive, members of Powerloom Development and Export Promotion Council (PDEXCIL) ... Read more","og_url":"https:\/\/exam.pscnotes.com\/current-affairs\/textile-manufacturers-body-seeks-export-incentives\/","og_site_name":"Current Affairs Exam","article_published_time":"2024-06-14T14:51:42+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/textile-manufacturers-body-seeks-export-incentives\/","url":"https:\/\/exam.pscnotes.com\/current-affairs\/textile-manufacturers-body-seeks-export-incentives\/","name":"Textile manufacturers body seeks export incentives - Current Affairs Exam","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#website"},"datePublished":"2024-06-14T14:51:42+00:00","dateModified":"2024-06-14T14:51:42+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/textile-manufacturers-body-seeks-export-incentives\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/current-affairs\/textile-manufacturers-body-seeks-export-incentives\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/textile-manufacturers-body-seeks-export-incentives\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/current-affairs\/"},{"@type":"ListItem","position":2,"name":"Textile manufacturers body seeks export incentives"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#website","url":"https:\/\/exam.pscnotes.com\/current-affairs\/","name":"Current Affairs Exam","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/current-affairs\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/current-affairs\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts\/10915","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=10915"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts\/10915\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=10915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=10915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=10915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}