Tuesday, February 28, 2012

The Procurement of Skate Shoes Guarantee Reduced to 10%

Obviously, because last year restricted the export of Skate Shoes cotton yarn, stop March 31, the factory has more than 300 million kilograms of cotton inventory. Loss of 15,000 rupees per CANDY cotton, cotton stocks of 6.5 million bales (170 kg), Gucci official web site, the cumulative loss out about Rs 6,000 absolutely. He made up for that, man-made fiber prices in the other, coupled with lower loss of Rs 500 absolutely lead to spinning enterprises, based on the textile industry lost about $ 6500 million rupees. Cotton textile mills need saving 2-3 months, so the big department workshops are a high price to buy cotton at the moment they are carrying the burden of expensive cotton.
Citi chairman Shishir Jaipuria said, nice skate shoes is experience of the textile industry failed the difficult ancient yarn price collapse of the country table market demand substantially eliminated, authorities dispel export incentives, export incentives turned out to be the secondary progressive price competitiveness, the authorities also 10% of the cost of tax levied brand dress Psyche sports shoes, limit the number of export of cotton yarn. Jaipuria said that the textile industry enterprises operating funds slashed. The alliance of Indian Textile Industry (CITI) on behalf of the textile industry asked the government to adopt urgent way, the boys weave scarf Erdos sweater from online Textile City. Reproduced please specify! Of express difficult to machine, due to the textile industry to face all kinds of country table is critical. Indian Federation of Textile Industries (CITI) to measure, undo the export incentives, limited export levy spending tax pace, led to the Indian cotton yarn partial loss lasts 11,000 crore.
Indian Federation of Textile skate shoes 74472 Industries (CITI) to measure, undo the export incentives, limited export levy spending tax pace, led to the Indian cotton yarn partial loss lasts 11,000 crore. Become non-performing assets in order to stop a large number of enterprises closed down one after another in the following months, the government should immediately release the mitigation options. The textile industry skate shoes brands request the RIVERSIDE time of the subordinated loan for a further delay for two years, all the enterprises of the textile and apparel industries to enjoy the skill upgradation fund planning, at the same time, the procurement of cotton guarantee gold reduced to 10%. Based on the industry to help, said the April world cotton prices plummeted, followed by the global commodity cost of previously create historical new high in vero moda official website. The largest sector enterprises are unable to repay the loan and RIVERSIDE.
It's written by GoodLandShoes date 2.29.2012

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