As per the Quick estimates released by the Ministry of Commerce and Industry, merchandise exports from the country grew (at a 65 month high)
TEXPROCIL - The international face of Indian Cotton Textiles
Since its inception in 1954, as an autonomous, nonprofit body dedicated to promotion of exports, The Cotton Textiles Export Promotion Council, popularly known as TEXPROCIL has been the international face of cotton textiles from India facilitating exports worldwide. Texprocil has a membership of around 3,000 companies spread across major textile clusters in India. Its members are well established manufacturers and exporters of cotton textile products like Cotton, Yarns, Fabrics and Home Textiles, showcasing a dazzling array of products across the value chain.
The Council connects international buyers with appropriate suppliers and facilitates interaction that enables them to source their specific needs. It also provides information on India's competitive advantages, its export environment and updated position in the global market place.
Texprocil provides regular updates on international product trends, trade related issues, advances in technology and the latest developments in the industry, as well as existing and emerging markets. It also undertakes regular market research, organises participation in international trade fairs, holds its own Buyer Seller Meets and facilitates international trade missions in India and other countries.
The Council enables better understanding of Indian and International trade policies, emerging trade issues, social and environmental compliances, quality management and sustainable business practices.
The Council promotes exports of -
Cotton Yarns and Blended Yarns (50% or more cotton) Grey and Processed ( doubled, gassed, mercerized, dyed, melange); Cotton and Blended (50% plus cotton)
Woven and Knitted fabrics , Grey and Processed
Home Textiles ( Bed linen, Kitchen linen, Bath towels and Other linen)
Technical textiles ( Protective, Performance, Medical and Geo textiles)
TEXPROCIL membership base includes very large vertically integrated mills with billions of dollar turnover to small units in the rural areas making specialty products. The Council provides export promotional services to over 3,000 members including composite mills, spinning units, weaving units, knitting units, process houses and merchant exporters; showcasing a dazzling array of cotton textile products across the value chain...!!
WIDE AMBIT OF PROMOTION ACTIVITIES
For the foreign buyer, TEXPROCIL has opened a wide array of yarns, fabrics and madeups, including home textiles in all its splendor, and has become a major source of supply of these items. Other activities include -
Organizing fairs, Buyer Seller Meets and Overseas Trade Delegations
Giving information to overseas customers about Indian companies when asked
Market information, trends and forecasts
Identification of potential new markets and seeding the export activity through delegations
Defending Indian exporters from non tariff barriers , anti subsidy investigations etc
For the Indian exporters it has made available opportunities to trade that exist across the globe. Other activities include
Working with Indian Government on export promotion policies
Providing Industry data on duties and taxes suffered with documentary evidence to arrange refund of the same after exports through well thought out draw back mechanism
Assisting the Government in bilateral negotiations bringing to the table the domestic perspective
Help members understand the various procedures and policies of the Government
Help members reach out to customers through the various export promotion efforts undertaken
Provide data and trends in Export/Import
TEXPROCIL has successfully established the presence of the Indian Textiles Industry as a reliable source of cotton textiles in the international markets. The increased quantum of exports and the diversification of existing markets bear the testimony to the success of TEXPROCIL!