NEXT EDITIONS SPECIAL FEATURES ON TEXTILE EDITIONS GMMSA Expo Ludhiana HOMETEX TECH Expo, PANIPAT POLITICAL EDITIONS VIBES ON MC Candidates From City KNIT VISION SPECIAL Ward No. 3, 4, 69 & More Vol. 19 Issue 28 RNI No. 69862/98 WEEKLY 6 Pages FEB. 4 - 10, 2018 Publisher: C. M. Sharma M: 98154-29998 FREE DISTRIB UTION KNIT VISION 2018 yqf/k;kuk esa pquko vkpkj lafgrk ykxw 2nd Hosiery Machinery Expo of the year Begins at Dana Mandi ftys ds 95 okMksZa esa 24 Qjojh dks gksaxs pquko Road, Ludhiana. On dis- have invented something He says, “Come play is the latest machinery inew and make them dis- with an open heart, take ukekadu Hkjus dh frfFk;ka Qjojh 8 &13 ifj.kke 27 dks in Garment knitting, play their technology decisions that can bring pquko vk;ksx us yqf/k;kuk ds gksxh] 16 Qjojh ukekadu yqf/k;kuk uxjikfydk ds erkf/kdkj dk iz;ksx djsaxs T e x t i l e , S e w i n g , Ludhiana. He added that change, go back with a pqukoksa dh ?kks”k.kk dj nh gSA okfil ysus dh vafre frfFk pqukoksa esa 95 okMksaZ esa djhc ftuesa ls 5.67 yk[k iq#”k Embroidery, Printing, just displaying same old new dream that can build ftyk pquko vkfQlj o fMIVh gksxh rFkk mlh fnu mEehnokjksa Processing, Dyeing, Allied machinery and technology your image as a business 10.5 yk[k oksVj vius rFkk (Contd. on Page 4) Machinery & Accessories year after year does not do par excellence.” This dfe’kuj iznhi dqekj vxzoky dks pquko fpUg Hkh ns fn, S.B. JAIN manufactured by leading any good to the industry. makes Knit Vision an ideal us crk;k gS fd bu pqukoksa ds tk,axsA JAIN BROS. MILLS STORE companies from all over The showman platform to build contact, fy, ukekdu Hkjus dh izfdz;k 24 Qjojh dks de nke mRre DokfyVh cf<+;k lfoZl the world. Leading hosiery opines that Ludhiana develop business pros- 8 Qjojh ls ‘kq# gksxh rFkk 13 pquko gksxs rFkk 27 Qjojh dks - - IMPORTERS: All Types of Circular/Flat Knitting Machines industrialists of Ludhiana industry is now coming out pects , work on major tie- Qjojh rd pysxhA 15 Qjojh pqukoksa ds ifj.kkeksa dh ?kks”k.kk Showman, the biggest have started to grace the of the shocks of demoneti- ups and partnerships.” SALES - SPARES - ACCESSORIES player in exhibition indus- event. zation and GST procedural Knit Vision is dks ukekadu i=ksa dh tkap dj nh tk,xhA DEALERS OF All Types of Drives, Needles, Oil, Lubricants, Belts etc. try has just after the com- While speaking hindrances. Market has organised with the objec- pletion of his mega multi to CITY VIBES, the orga- already seen slump of 3 tive to develop a cosmic Trade SAHARAN dimensional 5 day event nizer, Satish Sharma, years and the future is outlook for the benefits of ANGREJ has come up with 19th knit- Showman, told that for bright. This is the right a City, State, Nation and Mark FLAT ENGINEERING WORKS Mfrs: Fully Automatic & Computerized Flat Knitting Machines wear exhibition under the him an exhibition is an time to invest in new tech- the World as a whole, to REPAIR SERVICE AVAILABLE series of Knit-vision opportunity to acquaint the nology to be ready for the meet the existing and READY STOCK OF SPARE PARTS OF FOR All TYPES KNITTING MACHINES AVAILABLE OF DRIVES G a r m e n t M a c h i n e r y local industry with the lat- upcoming boom. The potential customers, to pub- All Components made on CNC Machines est technology available in hosiery sector of Ludhiana licize the company's name CUSTOMER CARE No.: 97810-15353 Technology Exhibition Office: Near Arorabans Dharamshala, #1309, Shop No. 2, Brahmpuri, opp. SBI Bank, Circular Road, Ludhiana - 8 2018. The show began on India and all over the provides basic necessities and products to assist fur- Ludhiana-141008 (Pb.) INDIA world. He told that it takes of life to people and there ther long-term business for SAHARAN FLAT ENGG. WORKS ANGREJ 103 Factory: 7848, St. No. 14, New Shakti Nagar, S a t u r d a y t h e 3 r d o f Near Sonu Complex, Ludhiana Ph.: +91-77103-15353, 77104-15353 February 2018 and will one full year of hard core is no way the industry the company, to aid market M: 98154-60066; 98781-04003 M: +91-97811-15353, 1800-270-5353 continue till February 6 at effort to search the indus- remains in doldrums for so research and long-term 3 SYSTEM MACHINE Email :[email protected] Email: [email protected]; [email protected] COMING SOON Dana Mandi, Bahadurke trialists all over globe who many years. ( C o n t d . o n P a g e 4 ) Website :www .saharanengg.com Web: www.sbjainmills.com
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Ofce: B-XXX-1480, Sherpur Kalan, Focal Point, Ludhiana-10 (Pb.) INDIA Works: 4194/1, Shivaji Nagar, Aman Dharam-Kanta Street, Ludhiana-08 (Pb.) INDIA Contact Persons : Charanjit Oberoi Ajay Sinha +91 98786 24828 +91 95016 11100 E-mail: [email protected] City VIBES 2 FEB. 4 - 10, 2018 SOURCE GUIDE EDITORIAL Breaking Low Margin-Low Cost Cycle In Apparel Industry Textile associations in India had initially welcomed the raised allocation for the sector in this year's budget, saying it will help A recent report by Kurt performance. sourcing/production. Returns from mismatch of expectations with firms in many ways, including clearing pending rebate of Salmon Associates - Main objective is to act regard to quality, size, and fit are a significant state levies (RoSL) dues, however, slowly the budget is From Cost Focus To Time to Market vertical while typically cost position which is difficult to effectively avoid without aiming for these root causes. C M Sharma seen by many as just an eyewash and the allocations are True Value Creation - It is obvious that the not owning the different reiterates the need for speed of trends and stages of the value chain While this usually means not inadequate as per the requirements of industry. The drop in corporate tax rate for units with an retailers to focus on i n n o v a t i o n h a s down to production. choosing the short term minimal cost option, annual turnover of up to Rs 250 crore will benefit most textile units, industry feels , with some product development, tremendously increased these levers have strong power to drive better scepticism. differentiation and over the recent years R e l i a b i l i t y a n d sell-through rates, stock turns and a reduction The associations, which include the Southern India Mills' Association (SIMA), value addition, to break and consumers are Execution Excellence of leftovers hence, positively impacting Coimbatore-based Indian Texpreneurs Federation (ITF), the Confederation of Indian Textile the cycle of low margins a d o p t i n g m a r k e t With shorter in-store markdowns and ultimately improving gross Industry (CITI), the Tiruppur Exporters Association (TEA), the cotton Textiles Export and costs, and the impulses from option product lifecycles, margin. This certainly compensates for higher Promotion Council (TEXPROCIL) and the Clothing Manufacturers Association of India associated problems leaders, celebrities, and delivery reliability is production cost, and this does not even account (CMAI), also welcomed the increased allocation for infrastructure development and the with it. The report, as bloggers at high pace. more critical than ever for the top line sales potential from brand focus on agriculture, and saw a lot of incentives for micro, small and medium enterprises many others underline This requires being before. A delivery delay uniqueness and better differentiation vs. competitive offerings. (MSMEs). the need for product closer to consumer of 1 or 2 weeks will innovation, time to needs with critical strongly diminish sell- In line with these developments this The National Livelihood Scheme of Rs 5750 crore will benefit the textile sector in market, reliability and seasonal milestones on through performance if year's Global Sourcing Leadership Survey rural areas, according to CITI chairman Sanjay Jain. execution excellence concept, design, and the overall planned clearly shows that cost does not lead the list of The budgetary allocation for the textile sector has been increased to Rs 7,148 crore, and superior technical d e v e l o p m e n t f o r lifecycle is only 8 weeks future priorities anymore. Instead, speed to which includes Rs 2,300 crore for the Amended Technology Upgradation Fund Scheme capabilities and quality. a d o p t i o n o f t r e n d without any option to market is stated to be the #1 sourcing priority. (ATUFS) of the textiles ministry, over Rs 6,251 crore last year. ATUFS was introduced in impulses as well as extend as following 2015 specifically targeting employment generation and export, promotion of technical H e a v y d i s c o u n t s , buying decisions to collection drops are SOURCE GUIDE For Apparel Manufacturers of Ludhiana textiles, technologically upgrading existing looms and encouraging quality in the processing markdowns plague the ensure market right already waiting to take JYANTI ENTERPRISES industry. retail industry today, products and quantities. the space on the shop and the industry needs Sourcing plays a critical floor. In this context, a Manufacturers of: All kinds of HIGH It is felt that a large part of the increase in allocation has gone to the state-owned QUALITY Knitted Cloth, Cotton Corporation of India (CCI) for performing minimum support price (MSP) operations to focus on product, r o l e i n e n a b l i n g reliable collaboration supply chain, quality, differentiated seasonal on both brand and Hosiery Goods & SEWING THREAD and hence, won't help the industry. i n s t e a d o f a l w a y s calendars based on s u p p l i e r s i d e w i l l G-4, 2369, St. No. 1, New Vishnu Puri, Not much has been said in the budget about concrete correctional measures to boost looking for the lowest individual product significantly increase New Shivpuri Road, Ludhiana, (Punjab), India's export competitiveness in textiles or policies favouring a revival of textile special cost producer. needs and a balanced importance and clearly Ph.: 0161-5027077; Mobile: 92160-86981 economic zones. mix of near shore and dominate compared to Email: [email protected] Nataraj and TEA president Raja M Shanmugham, however, feel the allocation of Rs Product Innovation f a r e a s t s o u r c i n g short term FOB cost S. P. GARMENTS 100% Job Work 2,164 crore for RoSL compared Rs 1,855 crore last year for the export of garments and made- In markets with an destinations. advantages. PRINTING - EMBROIDERY - LASER CUTTING ups is still inadequate as there is a huge backlog for 2017. abundance of brands Bahadur Ke Road, Dana Mandi, The RoSL scheme for apparel exporters came into effect from September 20, 2016, a n d l e s s a n d l e s s Demand and Supply Product Quality and d i f f e r e n t i a t i n g Responsiveness Sustainability Near Manu Medical Hall, Ludhiana. and the actual requirement for the apparel sector alone till March 31 this year is in the range of Ph.: 0161-2783785, M: 81466-50001, Rs 5,000 crore, industry hopes that the increased funds will cover fabrics as well under the p r o d u c t s , p r o d u c t A significant part of Not many words have to d e v e l o p m e n t a n d end-of-seasons stock be made about the 81466-50005, 96463-71001 RoSL scheme. sourcing capabilities and related markdowns critical importance of Email: [email protected]; The 20 per cent higher allocation for infrastructure development shows the move back into the stems from buying and s o c i a l a n d [email protected] government's thrust on renewing spurt in economic activity. Iinfrastructural bottlenecks have s t r a t e g i c f o c u s o f production volumes e n v i r o n m e n t a l HAPPY MECHANICAL WORKS been hindering apparel manufacturing, which involves significant domestic transportation of fashion retailers. It's the being insufficiently r e s p o n s i b i l i t y i n All Kinds of New & Old LINKING raw materials and finished goods. k e y e n a b l e r f o r aligned with actual production - a factor & CUP SEAMER Machines Referring to the reduction of women employees' contribution towards the differentiation in the consumer demand on w h i c h c a n n o t b e H. No. 4251, St. No. 1, Employees Provident Fund (EPF) to 8 per cent for the first three years, apparel sector workers c o m p e t i t i v e the shop floor and deprioritised versus New Vardhman Nagar, will be among the primary beneficiaries of this provision as the sector extensively employs environment. Access to online during full price cost anymore without Basti Jodhewal, Ludhiana-141007 women. deep technical expertise selling period. risking the future of any M: 96465-60522, 91158-60522, Although the rise in basic customs duty (BCD) on silk fabric to 20 per cent from 10 and unique handwriting apparel company. Email: [email protected] of product groups that Leading retailers and Jagdambay Engineering Works per cent would save the industry from dumping from China, the industry aspired for an are critical for brand brands currently make At the same time, also increase in BCD across both yarn and fabric and therefore, is disappointed with this partial Specialists in: Washing Machine, building as well as significant investments p r o d u c t q u a l i t y Tumbler Drier, Printing Machine, measure. c u r a t e d s u p p l i e r to drive end-to-end compliance and unified The step to make the MSP of all crops 1.5 times that of the production cost will Fusing Machine, Curing Machine, portfolios with the true planning integration standards - e.g. with Hydro Extractor benefit cotton farmers, but will result in high inflation for consumers and the downstream a b i l i t y t o d r i v e along the value chain r e g a r d s t o fi t a n d segments and make the industry uncompetitive internationally. C I T I u r g e d t h e innovation, evolve to an across retail, product c o n s t r u c t i o n - a r e Plot No. B-31, Grewal Colony, government to change from MSP to the direct subsidy system, so that the profit protection indispensable asset to m e r c h a n d i s i n g , gaining significantly in Main Road Raju Colony, Basti jodhewal, Ludhiana measure of farmers doesn't impact the textile consumer and the value added industry. drive top line as well as material management, importance with online markdown and margin a n d growth being unbroken. Mobile: +91-99158-48124 - C M Sharma Email: [email protected] ARORA INTERNATIONAL IMPORTERS OF COMPUTERIZED FLAT KNITTING MACHINES & KNTTING NEEDLES
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RAMANA INTERNATIONAL PVT. LTD. City VIBES 4 FEB. 4 - 10, 2018 CITY VIBES NEWS dh dsUnz ljdkj ls mEehnsa EDITORIAL BOARD Taiwan's NFY export Egypt to build biggest textile city SIMA Publisher & Editor E g y p t ' s M i n i s t e r o f will offer 160,000job C. M. Sharma l k m F k b a f M ; u f e Y l (fxfuax) gks tkus ds ckn gh ij gks jgs udkjkRed vlj dks 98154 29998 to India plummets Industry and Foreign Trade opportunities, with an ,lksfl,'ku (SIMA) us yxuh pkfg,A de fd;k tk ldsxk] Administration Taiwan used to be a large showed. China remained Tarek Kabil announced the a n n u a l p r o d u c t i o n Aakash start of the building estimated at $9 billion. ctV ls igys ljdkj dks dqN SIMA dk fopkj SIMA ds v/;{k ih uVjkt supplier of nylon filament the largest exporter of the 94632 62033 yarn to India with a 12 per product to India with a procedures of the biggest “This project will egRoiw.kZ eq)ksa ij lykg nsrs gS fd ekuo fufeZr Qkbcj dk ,slk ekuuk gSA Sub Editor city for textiles and be implemented by the Varinder Sandhu cent market share in 2012, 28.29 per cent market gq, ekax dh FkhS fd dPph m|ksx esa jkstxkkj ds dkQh ,slksfl,'ku dk but last year its share fell share, while Vietnam and clothing in Egypt on a land Chinese company Man 98155 03105 space of 3.1 million cubic Kay for investment that has dikl ij yxk;k x;k 5 volj gSa rFkk bl esa oSY;q ,slk Hkh ekuuk gS fd ljdkj Legal Advisor to 7.18 per cent. India has South Korea held 21.34 izfr'kr gVkuk pkfg, ,fM'ku Hkh ij T;knk gS dks /khjs /khjs dkjiksjsV VSDl Adv. Yogesh Khanna recommended withdraw- per cent and 9.24 per cent meters in Al-Sadat city. been working in the textile GST “The city will manufacturing field for rFkk ekuo fufeZr Qkbcj ij blfu, bl ij de dks 34 6 izfr'kr ls de dj RNI NO. : 69862/98 ing anti-dumping duties respectively. Taiwan last GST . on imports of nylon fila- year sold only $28,097 contain 568 factories with more than 10 decades; the yxk 18 izfr'kr GST ?kVk gksuk vfr vko';d gS rFkk ds 25 izfr'kr rd ykuk Published by ment yarns from Taiwan worth of nylon filament $2 billion as a paid capital company owns 25 affili- dj 12 izfr'kr rFkk iSVksfy;e mRiknksa dks pkfg,A C.M. Sharma to be invested during seven ated Chinese companies,” GST from P-11, and five other nations. yarn to India for a 7.18 per fjlkbdYM iksfyLVj LVSiy ds nk;js esa ykus ls mRiknu dikl ds /kkxs ds The Indian government cent market share, com- years with 87 percent of the minister explained. Basant Vihar, foreign invest-ment and 13 “The project will Qkbcj ij GST ?kVk dj dk ykxr esa deh vk,xh D;kafd fu;kZr esa vk jgh fxjkoV ij Noorwala road, has since 2006 imposed an pared with exports of Ludhiana anti-dumping tax ranging $43,956 with a 12 per cent p e r c e n t o f n a t i o n a l contain five phases, where 5 izfr'kr dj nsuk pkfg,A blls buiqV VSDl dzSfMV dk yxke yxkus ds fy, t#jh gS and Printed at from US$0.31 per kilo- share in 2012, ministry investment,” Kabil added the first phase is set to be blds bykok iSVksfy;e Qyks fufoZjks/k jgsxkA fd dikl ds /kkxs dks Swastik Printers gram to US$0.54 per kilo- data shows. In light of in a speech delivered in the finished in 2020 with 57 Ludhiana. presence of President factories and investments mRiknksa dks GST ds nk;js esa gkykafd GST dk epSZaMkbl ,DliksVZ Qzke bafM;k gram on Taiwanese com- India's withdrawal of the panies' nylon filament anti-dumping duties, Tai- Abdel Fatah al-Sisi during worth $230 million, while ykuk pkfg,A dkuwu mRiknksa vkSj lsokvksa ij Ldhe (MEIS) rFkk baVjLV hisvisit to Al-Sadat city. the last phase is scheduled us viuh bdq,ykbts'ku Ldhe DISCLAIMER yarn exports. India has wanese nylon filament sup- SIMA buofVZM M~;wVh lVdpj dh (IES) ‘CITY VIBES’ also imposed similar tar- pliers could expand their Kabil further clarified that to be completed in 2024,” ,d izSl fjyht esa fy[kk gS fd otg ls lafpr dzSfMV ij /ku esaa 'kkfey tk, vkSj fLifuax does not take iffs on the yarn — which is presence in the Indian mar- the textile and clothing city Kabil stated. dPph dikl tc fdlku ls lSDVj ds NksVs rFkk e/;e responsibility for used in a wide range of ket, the ministry says. okilh dh lqfo/kk iznku djrk the contents of the Contd. from Page 1 QkjoMZ pktZ ;k fjolZ pkjt gS ij diM+s ij ca/ku dh otg m}fe;ksa dks izksRlkfgr djus advertisements clothing and textiles — In the first 11 months of ra= ds varxZr lh/kh [kjhnh ds fy, ,d iSdst fn;k tkuk carried in this from China, Malaysia, last year, Taiwanese com- ls oSY;w ,fM'ku ds le; Indonesia, Thailand and panies sold synthetic fibre KNIT VISION 2018... Newspaper. planning,to procure orders e v e n t s w h i c h i s xbZ gks rks ml ij GST ugha mRikn dh dher esa o`f) gks pkfg, rkfd og uksVcanh rFkk The paper does not South Korea. valued at $1.06 billion to and to backup the com- unmatchable. yxuk pkfg, rkfd buiqVl GST ykxw gksus ds cq#s vlj ls endorse the same. Taiwan last year was the overseas customers, with tkrh gS vkSj pwafd diMk+ vkSj pany's agents and distribu- B e s i d e s , h i s Readers are fifth-largest nylon fila- a t o t a l s h i p m e n t o f dh [kjhnkjh ds oDr blds oSY;w ,SfMM inkFkZ vke mij mB ldsaA tors. The exhibitors over quest for variety and inno- requested to use ment yarn supplier to 404,417 tonnes, accord- dk;Z'khy iwath dh csdkj dh oSYoV ds diM+s ij their own thinking the years have praised the vation makes his events turk ds iz;ksx esa vkrs gSa bl India, after China, Viet- ing to data compiled by before acting professionalism and hos- unique and stand apart #dkoV ls cpk tk ldsA ij dSzfMV feyus ls bl mRikn GST de dj ds 5 izfr'kr nam, South Korea and the Taiwan Textile Feder- there upon. pitality at Showman’s from the crowd. dikl ij GST vkSVkbZ rd ykuk pkfg,A Malaysia, ministry data ation. Ludhiana Corpn. Elections 4.82 yk[k efgyk oksVj gksrh gS tks fd pquko laiUu As imports ood the market, India's ADVERTISE IN iaftd`r gSaA 23 oksVj vU; gSaA gksus rd ykxw jgsxhA ftyk/;{k us lkFk bl ?kks”k.kk ds lkFk gh ;g Hkh Li”V dj fn;k fd gh yqf/k;kuk esa pqukoh textile industry is getting hammered bl ?kks”k.kk ds lkFk gh pquko ljxfeZ;ksa us ,dne ls tksj After persistent calls from garments was not consid- reported. The exports came GST and GST". City VIBES vkpkj lafgrk dh ‘kq:vkr idM+ fy;k gSA various industry groups, ered, despite the industry to $2996 million during "Textile indus- the government recently being in a very difficult December 2017 as against try is not an industry Starting From Patanjali to roll out Textile Portfolio announced the enhance- position post-GST," says $3075 mil ion in December where people can make a Baba Ramdev-promoted yoga wear and sportswear. ment of duty drawback Confederation of Indian 2016. lot of money because the Patanjali Group is planning It will have ladieswear and rates to be effective from Textile Industry (CITI), "The effective margins are very small," Just Rs. 35/- pscm* to roll out its textile portfo- gents wear, and along with January 25, 2018. The president, Sanjay K Jain. GST duty on fabric is 5% adds Sinha. lio in the Indian market by that will also come acces- enhancement of rates for The domestic tex- officially, but because of With days to go November 2018 — around sories and footwear. 102 tariff items must come tile industry, inform its rep- the non-refund of excess for the budget, both the Saravdev Dwivedi Diwali. "We have started The company has as a relief to all the compa- resentatives, is getting input tax credit under associations have called Shiv Shakti +91-81464-34859 working on the textile front also announced its partner- nies dealing in the men- flooded by imported mate- inverted duty structure, it for the government to +91-98035-72875 — Patanjali Paridhan — on ship with leading e- tioned items. rial and it has become a con- actually adds up to 8- take initiatives which can Prashant Enterprises a larger scale. We will retailers and aggregators to However, repre- cern for the SMEs operat- 9%.This is making us lose help the exports get a Deals In: Steam Press, Electric & Diesel Boilers. launch the products either authorise online sales of its sentatives of textile indus- i n g i n t h e s e c t o r . to imports because they boost. All Kind Of Garment Finishing Equipments, this year around Diwali or products. try have come forward to "Export incentives have only pay 5% IGST," "The drawback positively by January Launching the e- register their "disappoint- come down and at the same remarked Jain. Water Softener Pants Pneumatic Fitting Etc. rates or ROSL rates (Re- Spl.in Spare Parts, Sale And Service 2019," Ramdev said . commer-ce platform, ment" with the government time import barriers have His concern is ech- bate of State Levies) for Ramdev said the Ramdev added that online for ignoring the calls of an gone down, which has oed by another industry exports need to be [email protected] textile portfolio will have sales have that helped the industry which has been resulted in imports going association - The Textile increased to get them Mohni Kothi, Basant Vihar Extn., around 3,000 products company's sales cross the "one of the most impacted up by 20% already, and in Association of India. "We back to pre-GST level. Noorwala Road, Ludhiana ranging from kidswear to Rs 10 crore. by GST. some cases like in Bangla- need genuine duty exemp- The drawback rates have "The notification d e s h g a r m e n t s h a v e tion in exports because reduced considerably just mentions wool items increased by 50%. Exports money is getting stuck for and the net which the which is a very insignifi- are coming down every manufacturers," says the industry was getting has cant part of the textile m o n t h , " s a y s S i n h a . national president of the come down. Import duty industry. There is nothing A decline of 3% Textile Associat Associa- should also be restored to on textiles. The textile in CAGR in textiles and tion, Arvind Sinha. pre-GST level. It was industry is pretty disap- apparels in the month of The textile indus- much higher earlier and pointed that demands for December last year com- try, both maintain, is under is disrupting the export to increasing drawback or pared to the corresponding depression and Sinha says import ratio," says Jain. ROSL for yarn fabric and period in 2016 has been the "main issue is GST, T h e i m p o r t duty, says Jain, has come down to 10% as com- pared to an average of 29%. "Basic duty plus countervailing .. plus special additional duty Digital Printing Machine for (SAD) used to add up to 29% and now counter- vailing and SAD has Printing sublimation Paper been reduced after GST," says Jain. Jain asserts that the impact has been worst on the SMEs in the textile industry. "Those guys are extraordinarily hit and they do not know where to go and whom to ask for redressal because Specications: they are not well organ- ised," says Jain. Speed: 65-90 Sq.m./Hr WL 19P2-R Power: 50hz/60hz 110V/220V 10A Gujarat's GCCI Print Head: 2, Print Width: 1.9M explores textiles Resolution: 3200 DPI alliance with Heat Transfer Printing Machine Bangladesh Representatives of the Gujarat Chamber of Com- m e r c e a n d I n d u s t r y (GCCI) recently met Ban- gladesh deputy high com- m i s s i o n e r t o I n d i a M o h a m m a d L u t f o r Rahman to explore a busi- ness collaboration in the textile sector with the country. GCCI is organiz- Specications: ing a global textile summit Speed: 65-90 Sq.m./Hr in Ahmedabad in March Power: 50hz/60hz 110V/220V 10A and has invited Bangla- Print Head: 2, Print Width: 1.9M, desh to become a partner WL 50/180 Resolution: 3200 DPI nation at the event. Head Ofce: Delhi Ofce: Surat Ofce: India's exports to YIWU WENLI IMPORT AND EXPORT COMPANY YIWU WENLI INTERNATIONAL TRADING PVT. LTD. Plot No. 422/2-A, GIDC Pandesara Bangladesh stood at No. 1038-1043, Gate No. A8, 1st Floor, WZ-43C, S.P. Mukherjee Park, Near Subhash Nagar Surat-394221 $5,452.90 million in Yiwu International Production Material Market, Metro Station, Tilak Nagar, New Delhi-110018 M: +91-8758414551, 99712089879 2 0 1 5 - 1 6 a n d t r a d e Tiwu City, Zheijiang Province, Chine - 322000 Mobile: +91-8860079888, 9654136001 Email: [email protected] between the two countries Tel: +86-579-3566; Fax: +86-579-85793588-0 Email: [email protected]; Web: www.ywwenli.com grew at 17 per cent in the Email: [email protected] Wechat: WENLIMACHINERY last five years. City VIBES 5 FEB. 4 - 10, 2018 CITY VIBES 30 To 40% Capacity Shut Since GST IGST Exemption Sought On Rollout: Denim Manufacturers Representatives of the Rs industry has temporarily closed down due to the liquidity crunch will take a while before they Import Of Zips, Accessories 15,000-crore Indian denim down 30% to 40% of its operat- after demonetisation and slow begin to work smoothly with the India's largest knitwear and ship to the industry. ing of GSTR 1, 2 and 3 by all industry have stated that 30% to ing capacity across the board. If acceptance of GST by small play- formal banking system. He said readymade garment export- Explaining the issues in taxpayers resulting in 40% of its operating capacity has this continues, there can be more ers to become part of the formal that he did not foresee any short- ers organisation, Tirupur detail, the memo said that matching of tax credits, been shut since the goods and ser- production cuts,” said Denim economy. As 85% of the fabric is term recovery of the market. Exporters' Association similar problems were faced thereby facilitating release vices tax (GST) was imple- Manufacturers Association sold in the domestic market, India exports denim fabric of (TEA), has sought exemp- by exporters in import of cap- of refunds due to exporters mented, due to weak domestic Chairman Sharad Jaipuria. denim fabric mills are badly hit, 200 million metres annually. The tion of the IGST levy on ital goods under the Export expeditiously within seven demand and reduced potential Over the past decade, the according to Bhaskar Denim's value of export was US$ 316 mil- imports of accessories, early Promotion Capital Goods days of the claim. for export. denim fabric manufacturing Director Akhilesh Rathi. lion in 2016-17, down by 11 per clearance of accumulated Scheme and raw materials Also, due to various rea- The government has levied industry had been growing at a The number of denim fab- cent from US$ 335 million in input tax credits, permanent t h r o u g h t h e A d v a n c e sons, filing of GSTR-2 and 3 12% GST on branded garments 15% compounded annual rate. ric mills was 30 in 2012, but now 2014-15. deletion of Reverse Charge Authorisation Scheme, and have been dispensed with beyond the maximum retail price Installed capacity is 1.5 billion it is 46. Denim fabric production Ashima Group Director Atul Mechanism under Section the government had redres- till March 2018 and substi- of Rs 1,000 and five per cent metres a year, which is the sec- capacity was 800 million metres Singh said that the government 9(4) of GST) and incentives sed these issues by issuing a tuted by a self-declaration in below this threshold. Denim ond largest in the world, after in 2012 and is now 1,500 million needs to immediately announce for investments made in notification, dated October Form GSTR 3B, but there is demand from local consumers China. With annual sale of Rs metres, with another 150 million some enhancement in duty draw- labour accommodation 13, which exempted imports no possibility of matching of and importers has fallen, with 15,000 crore, this industry metres of new capacity in the back rates and extend some more infrastructure. under the two schemes from credits till March 2018. manufacturers either having to employs around 400,000 work- pipeline for expansion. benefits under the Returns of A TEA delegation levy of IGST. In this scenario, a shut down or operate at reduced ers directly, besides the indirect Acording to Amit Dalmia of State Levies scheme, the Mer- which met Union Finance However, the EPC manual procedure for claim capacity. spinoff. R&B Denims, upstream activi- chandise Export from India Minister Arun Jaitley scheme was omitted, and of refund by exporters was “Since the GST implemen- Denim manufacturing hubs ties of garment sewing and wash- Scheme, the focus product and recently with a memoran- should also be included, prescribed through a notifi- tation from July 1, the denim have gone under a massive slow- ing in small scale industry hubs focus market schemes. dum, pointed out that till a r g u e d T E A . I t h a s cation dated November 15, June 30, 2017, apparel requested for a separate noti- followed by a detailed circu- exporters were importing fication to be issued in line lar dated November 15, pre- ASEAN urged to leverage accessories such as zips and w i t h t h e n o t i fi c a t i o n scribing the procedure to be tags without payment of cus- exempting imports of acces- followed for release of manu- toms duty, using the Export sories using Export Promo- ally processed refunds. Promotion Certificate tion Certificate from the pur- Hence, in order to India's strengths in textiles (EPC). But after implemen- view of IGST levy, the TEA avoid inordinate delay in tation of GST, imports using memorandum stated. release of refunds, a request Partnership between market and exports, an abundant supply of chain, its most This makes it evi- S i n g h n o t e d . EPC is being subjected to E x p e d i t i o u s has been made that a clear- India and the members s a i d I r a n i . raw materials like cot- exported items to dent that we have The min- IGST. release of refunds which are cut procedure may be pre- of the Association of The show was ton, wool, silk, jute and ASEAN consisting not been able to ister also released a Since most acces- due to exporters is another scribed listing out evidences S o u t h e a s t A s i a n organised by the Fede- man-made fibres, India of cotton fibre, cot- explore and lever- coffee table book, sories are being taxed at issue before the union required to be furnished to Nations (ASEAN) is ration of Indian Cham- enjoyed a distinct ton yarn and fabrics age the strengths of 'India ASEAN Tex- 18%, this is causing huge finance ministry. The origi- authorities along with the crucial for improving bers of Commerce and advantage of backward have not grown to our textiles indus- tiles: Weaving Rela- working capital blockade, nal plan under the GST com- RFD-01A form, the TEA the standard of textile Industry (FICCI) in integration which the desired extent. try to the fullest," tionships'. (DS) resulting in significant hard- pliance framework was fil- memorandum stated. manufacturing and association with the many countries do not generating employ- ministries of textiles possess, textiles secre- ment opportunities in and commerce and tary Anant Kumar b o t h t h e r e g i o n s , industry to celebrate 25 Singh said. Textiles sector seeks a leg up from the government I n d i a n t e x t i l e s minister Smriti Irani 'Stagnant exports, technology upgradation need attention' s a i d r e c e n t l y a d d r e s s i n g t h e A couple of major issues have ever, according to the ‘Allocations must rise’ exports and increase the ' I n d i a - A S E A N : impacted the country's textile and industry, garment export- The industry esti- import duty, said repre- Weav-ing Textile clothing sector in the past year. ers got ROSL only for mates it needs about Rs. sentatives of industry Relations' show in Expectedly, the industry's aspira- April and May and made- 2,100 crore to clear pend- associations. New Delhi. tions for the Union Budget are up exporters received ing ROSL reimbursements The Apparel Enterprises related to the revival of exports and rebates till July this finan- and another Rs. 2,500 Export Promotion Coun- f r o m A S E A N the GST. cial year. India exports gar- crore for the next fiscal. So, cil has said that under nations could take According to data available ments and made-ups worth allocations need to go up s c h e m e s s u c h a s advantage of India as with the industry and the export pro- $23 billion annually. The substantially, sources said. Advance Authorisation Officials in the ministry a one-stop sourcing motion councils, readymade gar- average tax rate after GST T h e C e n t r e s h o u l d and EPCG, applicants said thrust areas now were going to be powerlooms, destination for a years of India-ASEAN " T h o u g h ment exports grew less than 1% for garments and made-ups announce the drawback should get early approvals. technology and export pro- diverse range of prod- relations, according to India has the unique between April and November 2016 is 1.8%; it was 3.7% before rates, restore the pre-GST This will lead to higher motion. ucts by setting up manu- a FICCI press release. advantage of having in dollar terms and dropped 3.03 % in GST. level of incentives for investments. facturing bases here to With a strong the presence of the rupee terms. Fabric exports were to cater to the domestic multi-fibre base with entire textile value the tune of $230.37 million in April 2017 and slumped to $113 million in October. Yarn exports fared better in Committee to look into concerns value terms at $267.33 million in April and $354.05 million in October last year. However, in terms of vol- of apparel sector: Ajay Tamta ume, yarn exports stayed almost flat. “Garment sector is one These are challenging Apparel exports dropped 8% in of the largest employ- times for the industry December alone compared with a ment providers and is with global headwinds year earlier. helping a large number blowing over us. “Between 2009 and 2015, of people to earn their The post GST the domestic market grew 10% every livelihood… The tex- transformation for the year for the Indian textile and cloth- tile package announ- industry has been chal- ing sector, and exports rose almost The Indian govern- ced by the Prime Min- lenging, but I am sure 8% year-on-year,” said P. Nataraj, ment has formed a com- ister is benefitting the the industry will show chairman of Southern India Mills' mitted to look into the sector, immensely,” the resilience it has Association. “For the last three issues raised by the Tamta said. shown in the past, and years, exports have almost stag- a p p a r e l i n d u s t r y, “This is the emerge stronger,” said nated. Countries such as Vietnam which is going through time when the industry Apparel Exports Pro- have overtaken India in yarn exports a challenging phase, is facing lot of chal- m o t i o n C o u n c i l to China.” minister of state for tex- lenges both domesti- (AEPC) chairman When the global economic tiles Ajay Tamta has cally and globally. HKL Magu. slowdown hit the industry seven said. years ago, the Centre had come out with a time-bound stimulus package. The two major policy decisions of Gst council meet on textiles the government in the recent past, Union Minister for demonestization and GST, have finance Arun Jaitley impacted the industry more than the chairing the 25th GST economic slowdown, he said. “What C o u n c i l m e e t i n g , the industry needs now is a stimulus flanked by minister of package.” The Confederation of state for finance Shiv Indian Textile Industry (CITI) Pratap Shukla (right) pointed out that according to a study and finance secretary of 600 SME units, the number of Dr Hasmukh Adhia. units under the SME 2 category rose Courtesy: PIB from 54 to 191 between March and T h e 2 5 t h September and the number of NPA Goods and Services units went up from 18 to 32 during Tax (GST) Council GSTR-5 (non-resident for filing form GST the same period. meeting, held under taxable person) or form REG-29 for cancella- A stimulus package will the chairmanship of GSTR-5A (OIDAR) tion of registration has give relief to the units,said Sanjay K. finance minister Arun will be reduced to fifty been extended by fur- Jain, chairman, CITI. Rebate of State Jaitley, has recom- rupees per day and ther three months till levies (ROSL) is critical for revival mended reduction of shall be twenty rupees March 31, 2018. of exports. Towards this, the govern- GST rate on velvet fab- per day for 'nil' filers. O n e - w a y ment should sanction adequate funds ric (code 5801 37 20) The late fee payable for bills, the GST Council for ROSL and extend it to all prod- from 12 per cent to 5 failure to furnish form said that the facility for ucts instead of just garments and per cent with no refund GSTR-6 (Input Service generation, modifica- made-ups, said Mr. Jain. of unutilised input tax Distributor) shall be tion and cancellation of According to data available credit. The recommen- fifty rupees per day. e-way bills is being pro- with the ministry, the allocation for dation of the Council Taxable per- vided on trial basis on ROSL for 2017-2018 was Rs.1,555 became effective from s o n s w h o h a v e t h e p o r t a l crore and it has been exhausted. How- 00 hours on January obtained voluntary reg- ewaybill.nic.in. Once will be notified nationwide for inter- 25, 2018. istration will now be fully operational, the e- state movement with effect from Feb- The Council, permitted to apply for way bill system will ruary 1, 2018 and for intra-state move- at its meeting in New cancellation of regis- start functioning on the ment with effect from a date to be Delhi, also decided tration even before the portal www. eway- announced separately by each state that the late fee payable expiry of one year from billgst.gov.in. but not later than June 1, 2018. by any registered per- the effective date of reg- In addition, The Council also accepted the report son for failure to fur- istration. certain modifications and recommendations submitted by nish form GSTR-1 For migrated are being made to the e- the Committee on Handicrafts. (supply details), form taxpayers, the last date way bill rules which City VIBES 6 FEB. 4 - 10, 2018 LUDHIANA APPAREL SOURCING GUIDE
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