India is home to hundreds of textile businesses that sell a range of textile products to international markets. The Indian textile export is growing significantly, and the GOI has left no stone unturned to help viscose and Cotton Yarn Manufacturers in India with governing policies and assistance. And therefore, the Government of India has set up Export Promotional Councils to assist Indian textile companies in expanding their businesses internationally.
The Role of Export Promotional Councils in Textile Trading
The main role of a council is to promote a product and its sub-categories and support exports from the sector. This improves business opportunities for woven and knitted fabric manufacturers as well as yarn and fiber sellers and positively affects the economy.
Currently, there are 26 export promotional councils. Out of which, 11 promote textile products and textile businesses. Example: Cotton Textile Export Promotion Council helps cotton yarn manufacturers in India with cotton exports.
Listed Below are the Eleven Textile Promotion Councils in India
- The Cotton Textiles Export Promotion Council
- Synthetic and Rayon Textile Export Promotion Council
- Apparel Export Promotion Council
- Indian Silk Export Promotion Council
- Wool and Woolen Exports Promotion Council
- Jute Products Development and Export Promotion Council
- Carpet Export Promotion Council
- Wool Industry Export Promotion Council
- Handloom Export Promotion Council
- Power Loom Development and Export Promotion Council
- Export Promotions Council for Handicraft
Activities of Export Councils
Each textile export council has its own benefits. Some of them are mentioned below.
- Offer insights and guidance to Indian textile exporters on different matters, like Government schemes, export finance, insurance of products, and trading benefits in order to help grow their business in potential international markets.
- Assist textile companies in understanding export policies and schemes.
- Set up meetings between buyers and sellers.
- Issue Certificate of Origin to textile exporters for the origin of goods.
- Consult manufacturers and exporting businesses on different countries’ trade policies, technical requirements, quality standards, social responsibility, environmental policies, and market intelligence.
- Provide regular updates and news on international product trends, emerging markets, changes in textile production technology, price fluctuations, and specific textile trading issues.
- Gather and analyze export data from various members and associates that are required for international trade.
- Collect and provide timely information that helps exporters make informed decisions.
- Discuss with international buyers and resolve their doubts on various issues related to the Indian textile sector, market conditions, and trading.
- Not only keep track of textile trends and international trade fairs, but also organize exhibitions, buyers’ and sellers’ meetings, seminars, events, and trade expos, and assist participating exporters.
- Appoint experienced delegates that explore different trading opportunities in the international markets.
- They are also responsible for establishing communication between the government and cotton, polyester, and viscose yarn manufacturers in India planning to export.
If you are a cotton yarn manufacturer in India, a knitted fabric manufacturer, or a polyester yarn manufacturer in India looking for international expansion, contact our trading experts. We can help you secure the best prospects and get you the best deals.
DMI has 6 strategic offices across the world and has been in the business for six decades now. So, we understand the growth in international markets and other factors that impact trading.
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