Policy Advocacy: How TEXPROCIL Represents Exporters’ Interests in Trade Negotiations

The Cotton Textiles Export Promotion Council (TEXPROCIL) has been instrumental in shaping India’s cotton textile export landscape through its dedicated policy advocacy efforts. Established in 1954, TEXPROCIL represents the interests of around 3,000 member companies across major textile clusters in India, encompassing manufacturers and exporters of cotton yarns, fabrics, and home textiles.(texprocil.org)

Influence in Shaping Favorable Trade Policies

TEXPROCIL’s proactive engagement with the Indian government has led to the formulation and implementation of policies that significantly benefit cotton textile exporters. One of its notable contributions is in the negotiation and advocacy for favorable trade agreements and tax remission schemes.

Free Trade Agreements (FTAs)

Recognizing the importance of global market access, TEXPROCIL has been actively involved in shaping India’s participation in Free Trade Agreements (FTAs). These agreements aim to reduce trade barriers and enhance market access for Indian cotton textiles. By engaging with policymakers, providing industry insights, and highlighting the potential benefits, TEXPROCIL has played a crucial role in ensuring that these FTAs open new avenues for exporters, thereby expanding their global footprint.

Tax Remission Schemes

TEXPROCIL has been at the forefront of advocating for tax remission schemes that alleviate the tax burden on exporters, making Indian cotton textiles more competitive in the international market. Some of the key schemes include:

• Duty Drawback Scheme: This scheme allows exporters to claim refunds on duties paid on inputs and raw materials used in the manufacturing of export products. TEXPROCIL’s advocacy has ensured that this scheme remains favorable and accessible to cotton textile exporters, thereby reducing their overall production costs.

• Remission of Duties and Taxes on Exported Products (RoDTEP): Introduced to refund un-refunded duties and taxes, RoDTEP has been a significant relief for exporters. TEXPROCIL’s continuous engagement with the government has been pivotal in ensuring that the rates under this scheme are competitive and beneficial for cotton textile exporters.(Textile Value Chain)

• Rebate of State and Central Taxes and Levies (RoSCTL): This scheme provides rebates on taxes and levies incurred during the manufacturing process. TEXPROCIL’s efforts have been crucial in advocating for the inclusion of cotton textiles under this scheme, thus enhancing the sector’s competitiveness.

Through these initiatives, TEXPROCIL has ensured that cotton textile exporters benefit from policies that reduce operational costs and enhance competitiveness in the global market.

Advocacy for Sustainability and Innovation

Beyond trade policies, TEXPROCIL recognizes the importance of sustainability and innovation in the textile industry. The council has been actively involved in promoting sustainable practices and encouraging innovation among its members. This includes organizing workshops, seminars, and training programs focused on sustainable manufacturing processes, eco-friendly materials, and innovative design techniques. By fostering a culture of sustainability and innovation, TEXPROCIL aims to position Indian cotton textiles as a preferred choice in international markets that are increasingly leaning towards ethical and sustainable products.

Collaboration with Altus Exports: Empowering Indian Manufacturers

In the dynamic world of international trade, collaboration with experienced export partners can significantly enhance a manufacturer’s global reach. Altus Exports, with its comprehensive understanding of global markets and export processes, offers valuable assistance to Indian manufacturers aiming to expand their international presence.

How Altus Exports Can Assist Indian Manufacturers

• Expertise in Identifying Global Buyers: Altus Exports excels in pinpointing potential buyers across various international markets. Leveraging extensive market research and a vast network, they connect manufacturers with buyers whose requirements align with the manufacturers’ offerings.

• Access to Comprehensive Market Intelligence: With subscriptions to numerous databases and information sources, Altus Exports provides up-to-date market intelligence. This information is crucial for manufacturers to understand market dynamics, identify opportunities, and stay ahead of competitors.

• Skilled Marketing and Promotion: The marketing team at Altus Exports utilizes a blend of traditional and digital marketing techniques to promote products internationally. This approach ensures that manufacturers’ products gain visibility in global markets, attracting potential buyers.

• Extensive Network for Market Entry: With a vast network that includes distributors, agents, retailers, and other key stakeholders, Altus Exports facilitates smoother market entry for manufacturers. This network aids in quicker establishment and distribution of products in new territories.

Partnering with Altus Exports

Manufacturers interested in partnering with Altus Exports can benefit from a structured partnership model designed to simplify the export process and enhance global reach. The partnership focuses on:

• Export Quality Assurance: Ensuring that products meet international quality standards suitable for global markets.

• Global Expansion Aspiration: Assisting manufacturers in expanding their footprint beyond domestic markets.

• Documentation and Certification Support: Providing guidance and assistance in obtaining necessary export documentation and certifications, ensuring compliance with international regulations.

For detailed information on how to become a manufacturing partner with Altus Exports, interested parties can visit the Manufacturer Partnership page on their website.

Conclusion

TEXPROCIL’s dedicated policy advocacy has significantly influenced the development of favorable trade policies, including FTAs and tax remission schemes, benefiting India’s cotton textile exporters. Their efforts in promoting sustainability and innovation further enhance the sector’s global competitiveness. Collaborations with export partners like Altus Exports offer manufacturers additional avenues to expand their international presence, streamline export processes, and achieve sustainable growth in the global market.

Future Outlook: TEXPROCIL’s Strategies for Enhancing Cotton Textile Exports Post-2025

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Networking Opportunities: How TEXPROCIL Connects Indian Exporters with Global Buyers

Market Intelligence Services: TEXPROCIL’s Support in Navigating Global Markets

Policy Advocacy: How TEXPROCIL Represents Exporters’ Interests in Trade Negotiations

Global Outreach: TEXPROCIL’s Participation in International Trade Fairs and Exhibitions

Capacity Building: How TEXPROCIL Empowers MSMEs in the Cotton Textile Sector

Promoting Sustainability: TEXPROCIL’s ‘Kasturi Cotton’ Initiative

Financial Assistance Programs Offered by TEXPROCIL to Cotton Exporters

TEXPROCIL’s Role in Enhancing India’s Cotton Textile Exports