TEXPROCIL E-NEWSLETTER, JANUARY 22, 2014 PAGE 1. Volume I. Issue No. 24. January 22, 2014 INSIDE THIS ISSUE TEXPROCIL @ ‘HEIMTEXTILE FAIR 2014’ Page 1 & 2 : CHAIRMAN’S MESSAGE COVER STORY Page 3 & 5 : TEXPROCIL participates in ‘Heimtextile Fair 2014’ SPECIAL FEATURE Page 4 : ‘INDIA DAY SEMINAR’ at Heimtextile 2014 TRADE NOTIFICATION Page 6 : Workshop Notice & Trade Enquiry for Cotton Yarn Hon’ble Minister of Textiles, Dr. K. S. Rao (6th from left) & H.E. TRADE NOTIFICATION Mr. Raveesh Kumar, Consul General of India in Frankfurt (3rd from Page 7 : Member Satisfaction Survey left) visiting TEXPROCIL Brand India Pavilion in Heimtextile 2014. Page 8 : Membership Subscription Renewal CHAIRMAN’S MESSAGE E-NEWSLETTER Dear Friends, Textile Edited & Published by: exporters Siddhartha Rajagopal The New Year began with apprehensions expressed by Home especially Editorial Team Home Textiles N. Ravindranathan, Rajesh Satam, Textiles exporters regarding the A. Ravindrakumar, Shailesh Martis, adverse impact of the duty free relief of upto Sanjay Rane, R. Venkatesh access given by European Union 5% under the Focus Product Ideas & contributions are welcome at: (EU) to Pakistan on imports of [email protected]; [email protected] Textile & Clothing products from Scheme and Bonus entitlement of 2%, by Editorial & Publishing Office at : that country. Many exporters felt that at the Heimtextile Fair being extending the bonus scheme to all held in Frankfurt from 8th Jan to home textile products. Currently The Cotton Textiles Export Promotion Council 12th Jan, the Indian participants only a few products such as Engineering Centre, 5th floor, 9, Mathew Road, may not attract many Buyers & towels enjoy this bonus benefit. Mumbai – 400 004. India. Tel: +91 22 23632910 to 12 Visitors. E-mail: [email protected] The Commerce Secretary, DGFT Pakistan which is already taking & Joint Secy, Textiles agreed to Disclaimer TEXPROCIL E-Newsletter, fortnightly edition, is the sole away our market share in EU bit the need for giving relief to the property of Texprocil – [owners] The Cotton Textiles Export by bit with this huge advantage of exporters & undertook to do the Promotion Council. The views and opinions expressed or 9% would become an aggressive needful. The Hon’ble Minister implied by contributions - compiled by the editorial team player. Considering the gravity are those of the authors and do not necessarily reflect those of Textiles also agreed to take up of Texprocil, Editorial Team or the Publisher. Unsolicited of the situation we met various the matter with the Commerce articles and transparencies are sent in at the contributor’s officials of the Ministry of Minister & has written an official risk and the owners accept no liability for loss or damage. Commerce & Textiles & also letter to him in this regard. Subscription to this e-newsletter shall be available on the the Hon’ble Minister of Textiles condition that no content be reproduced whether in part or full or distributed without prior written consent of the owners. on 6th Jan, 2014 and impressed Commerce Secretary felt that (For private circulation only) upon them the need to give it would be possible to find www.texprocil.org.in PAGE 2. TEXPROCIL E-NEWSLETTER, JANUARY 22, 2014 CHAIRMAN’S CONTINUED FROM PAGE 1 MESSAGE the necessary funds (70 crores per TEXPROCIL is simultaneously Countervailing Measures (ASCM). quarter) within their budget. We later stepping up its efforts to open new While the Government is making met the finance minister with the same markets for Home textiles in China every effort to minimize the impact request. He assured us that he will and Japan. We will be conducting two of these efforts being made by the bless the scheme should Commerce workshops to share our knowledge developed countries, we also need to seek his approval out of their own on exporting to these new markets reflect on the present schemes & make funds. We are hopeful that something which has been painstakingly gathered suggestions on how to improve them positive will materializes soon. through market visits and in depth & make them WTO compatible. The Hon’ble Minister visited the studies. Samples and target prices with We should not be caught off guard, Heimtextile Fair which was also peculiarities of each market will be attended by our Deputy Chairman shared during these workshops. when the schemes are abruptly Shri R.K Dalmia & the Executive withdrawn, as happened with the Director. The Reports made available We feel our members will gain withdrawal of Focus Market Scheme from the Fair show that the Pakistan immensely by attending these in the case of Cotton Yarn. producers were aggressively pitching workshops. We should be able to While on Cotton Yarn, we have also for their products. At the same time substantially accelerate our home the Indian exporters did not face textile exports once we get a foot hold requested the Ministry of Textiles/ much impact of the duty concessions in these large markets where we have Commerce to resolve the issue on their sales for a variety of reasons. near zero presence in spite of cost regarding imposition of safeguard advantages. duties on Cotton Yarn imposed by Firstly the reports suggest that the Egypt in December, 2011, if need impact, if any, will be felt by the Apart from these the Council also be under the Dispute Settlement exporters of Bedding products & submitted its proposals for inclusion Procedures of the WTO. not the other products in the Home in the Union Budget, & the Foreign Textile basket. Here also those using Trade Policy to the Government, even Friends, we are facing innumerable 20s Counts yarns are likely to be though there is going to be a Vote challenges as we try to increase our affected while fine count sheeting on Account due to the forthcoming exports. Yet, we have committed to faces no real threat. General Elections. achieving an export target of US$ 12 billion by the end of fiscal year 2013- Secondly, Pakistan has also reportedly Another important issue that needs to 2014. increased its prices by 7% to 8% in be addressed is the type of incentives view of the duty concessions. Thirdly, that we need in the coming years as According to our estimates, we seem impact of the duty concessions are likely India attains competitiveness across to have reached approximately US$8 to be felt on printed goods as Pakistan is highly proficient in this area. the Textile & Clothing sectors. billion during April-December 2013. Currently pressure is being mounted Many of the major Towel producers on India by the United States & a few We need to accelerate our pace of were of the view that if the duty other developed countries to phase-out exports in the remaining three months concessions given to Pakistan were only subsidies in the Textile & Clothing of the current fiscal year i.e. upto for one or two years then the Buyers sector as it has crossed the threshold March, 2014. Despite all the odds, let may not shift base en-masse. However, limit of 3.25%. us make it happen! if these measures were to continue for a longer period then India will face a real At the section level as stipulated under Manikam Ramaswami threat of diversion of trade. Article 25.10 of the Agreement on Chairman Join Us... Now! & avail of our Membership Benefits To know more, please write to us on email: [email protected] www.texprocil.org.in TEXPROCIL E-NEWSLETTER, JANUARY 22, 2014 PAGE 3. TEXPROCIL at ‘HEIMTEXTILE 2014’ COVER STORY Frankfurt, Germany (08-11, Jan. 2014) India is the 4th largest supplier of T&C to Germany after China, Turkey and Bangladesh with exports of all textiles and clothing to the European Union (EU) from India amounting to approximately US $ 8 billion. Germany’s imports of Home Textiles (including Madeups) from India amount to approximately US $ 1.91 billion out of which cotton made-ups constists of approximately US $ 1.1 billion making India the second largest supplier to the country after China. Realizing the tremendous potential in T&C trade offered by Germany which is also a leading market for Indian Home Textiles in the EU, the Council had organized the ‘Brand India’ Pavilion at the Heimtextil Fair 2014 held in Frankfurt, Germany from January 8 - 11, 2014 in Hall no. 10.0, Booth no. A41 of the Messe Frankfurt Exhibition Grounds – spread over 578,000 square metres, currently home to ten grand exhibition halls. About Heimtextil standard of Heimtextil exhibitors. In turn, the bulk of exhibitors were very pleased with the visitor quality – International trade fair for home and contract textiles 79 percent reported that they had achieved their – Heimtextil, held on four fair days in January, is the targets for the fair (2013: 78 percent). first major presentation and ordering date of the year and, therefore the biggest and the most important The high level of internationality at Heimtextil platform for manufacturers, retailers and designers. continues to be characteristic of the fair: just over 66 percent of visitors (2013: 66 percent) and 88 percent of The product show is accompanied by high-quality exhibitors (2013: 88 percent) came to Frankfurt from special shows and workshops, aimed specifically outside Germany with particular growth being noted at visitors and exhibitors. In addition to numerous from Scandinavia, East Europe, South America and informative lectures on topical themes, Heimtextil South Korea. International customers also included offers the next generation an opportunity to actively visitors from Japan, Korea, Brazil and quite a few participate in the fair by taking part in international from Americas (due to flight cancellations on account competitions. of cold snap in the U.S.) – all visited the fair and all Exhibitors & Visitors at Heimtextil 2014 placed orders.