Govt Extends MIP on Synthetic Knitted Fabrics Till Dec 31

By By Rediff Money Desk, New Delhi
Oct 01, 2024 16:05
The Indian government has extended the minimum import price (MIP) on synthetic knitted fabrics till December 31, 2023, to discourage cheap imports.
New Delhi, Oct 1 (PTI) The government on Tuesday extended the minimum import price (MIP) of USD 3.5 per kg on synthetic knitted fabrics till December 31 this year to help discourage inbound shipments of cheap fabrics.

The MIP was also extended for eight new kinds of knitted fabrics.

"MIP on synthetic knitted fabrics is extended from September 15 to December 31," the Directorate General of Foreign Trade (DGFT) said in a notification.
Source: PTI
Read More On:
dgftmipindia trademinimum import pricesynthetic knitted fabrics
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Rupee Closes at 83.82, Falls 3 Paise Against US...

The Indian rupee weakened against the US dollar on Tuesday, closing at 83.82 due to...

Rathi Steel Invests Rs 50 Crore in UP for New...

Rathi Steel and Power Ltd (RSPL) will invest Rs 50 crore in Uttar Pradesh to set up a...

Foxconn Invests Rs 424 Cr in HCL Semiconductor JV

Foxconn, the iPhone manufacturer, will invest up to Rs 424 crore in a semiconductor...

CCI Approves Mankind Pharma's Rs 13,630 Crore...

The Competition Commission of India (CCI) has approved Mankind Pharma's acquisition of...

E-comm Discounts: Grey Market, Tax Losses -...

CAIT and AIMRA accuse Flipkart, Amazon of predatory pricing, creating a grey market for...

Sebi Introduces New Stress Testing for Equity...

Sebi has introduced new stress testing methodologies for the equity derivatives segment...

Coal Production Rises 2% in September: India's...

India's coal production in September 2024 rose 2.49% to 68.94 million tonnes, driven by...

Dabur India's Profitability Hit by Lower Sales...

Dabur India's profitability in Q2 will be impacted by lower primary sales due to heavy...

Sebi Tightens F&O Framework to Curb...

Sebi has implemented stricter regulations for equity index derivatives, including...

West Asia Conflict Hits India's Trade with...

The escalating conflict in West Asia is impacting India's trade with Israel, Jordan,...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2024 Rediff.com