The ONLY Textile Daily Newspaper

VOL. LI No. 153

TECOYA TREND Email: tecoya@gmail.com

MUMBAI, WEDNESDAY, AUGUST 18, 2021 PRICE: Rs. 5.00

Centre notifies RoDTEP Scheme Rates Rieter acquires 3 Saurer biz

NEW DELHI, AUG. 17-- markets. Export centric should not be exported, and taxes products will also be subject to
By Our Staff Reporter
MUMBAI, AUG. 17—

www.jos-vanneste.com
The government today industries are being reformed and levies borne on the exported value cap per unit of the exported For all your requirement
Rieter Holding Ltd., in Linen/Flax Fibres, Tops
notified RoDTEP Scheme and introduced to better products should be either product. Scheme is to be Winterthur/Switzerland, and
Guidelines and Rates (Remission mechanisms so as to increase exempted or remitted to implemented by Customs and Yarns Cottonised flax
Saurer Intelligent Technology
of Duties and Taxes on Exported their competitiveness, boost exporters. through a simplified IT System. fibers for cotton spinning
Co. Ltd., Shanghai/China listed,
Products). The scheme for zero exports, generate employment Scheme’s objective is to Rebate will be issued in the form in natural and bleached
signed an agreement by which
rating of exports will boost our and contribute to the overall refund, currently un-refunded: of a transferable duty credit/ Rieter will acquire three from Wester Europe
exports & competitiveness in the economy. This will go a long way * Duties/ taxes/ levies, at electronic scrip (e-scrip) which businesses from Saurer origin:
global markets .The rates of in achieving our vision of the Central, State & local level, will be maintained in an Netherlands Machinery Nv Jos Vanneste Belgium
RoDTEP will cover 8555 tariff building an Aatmanirbhar borne on the exported product, electronic ledger by the CBIC. Company B.V., Amsterdam/ Contact:
lines. Bharat. including prior stage cumulative Identified export sectors Netherlands, the parent company Eve Fabrics Pvt. Ltd.
It may be noted that Remission of Duties and indirect taxes on goods & and rates under RoDTEP cover of Saurer Spinning Solutions ckmody@evefabrics.com
Government is leaving no stone Taxes on Exported Products services used in production of the 8555 tariff lines in addition to GmbH & Co. KG, Uebach- machines).
unturned to support domestic (RoDTEP) is one such reform, exported product, and similar support being extended Palenberg/Germany and Saurer In total, the three
industry and make it more based on the globally accepted * Such indirect Duties/ to apparel and made-ups exports Technologies GmbH & Co. KG, businesses had a combined
competitive in the international principle that taxes and duties taxes/ levies in respect of under RoSCTL scheme of Krefeld/Germany. turnover of EUR 142 million in
distribution of exported products. Ministry of Textiles. With this acquisition, 2020, the year of the COVID
CITI lauds landmark announcement of It may be noted that rebate
under the Scheme shall not be
Employment Oriented
Sectors like Marine, Agriculture,
Rieter will complete the offering crisis. In 2019 and 2018, the total
of ring- and compact spinning combined turnover was at a level
available in respect of duties and Leather, Gems & Jewellery etc.
RoDTEP Scheme for textile chain taxes already exempted or
remitted or credited.
are covered under the Scheme.
Other sectors like Automobile,
systems by acquiring the of EUR 235 million and EUR
Schlafhorst automatic winder 260 million, respectively.
business. Additionally, Rieter The purchase price for the
By Our Staff Reporter
MUMBAI, AUG. 17— RoDTEP support will be Plastics, Electrical / Electronics, invests in two attractive three businesses is EUR 300
The Confederation of Indian Textile Industry (CITI) has available to eligible exporters at Machinery etc. also get support. component businesses: Accotex million on a cash and debt free
expressed sincere appreciation to the Indian government for a notified rate as a percentage of The entire valve chain of textiles (elastomer components for basis. Rieter has financed the
announcing the rates of Remission of Duties and Taxes on Exported Freight On Board (FOB) value. also gets covered through spinning machines) and Temco purchase price by cash and
Products (RoDTEP) Scheme, fulfilling the long-awaited and Rebate on certain export RoDTEP & RoSCTL. (bearing solutions for filament Continued on Page 3
pending demand of the Indian textile exporters who were not
covered under RoSTCL scheme. The scheme is effective from 1st
January 2021.
Mr. T. Rajkumar, Chairman, CITI said that the export of
textiles products has suffered in the last few years due to the non-
availability of duty-free access. This has pushed India to the sixth
position in the global textile trade from the second position due to
the withdrawal of certain export benefits extended for yarns and
fabrics and other products such as incremental export incentive,
focus product and focus market export incentives, interest
Continued on Page 4

RODTEP rates will increase exports

of cotton textiles: Texprocil Chief
By Our Staff Reporter
MUMBAI, AUG. 17— value chain, but also improve
Mr. Manoj Kumar India’s competitiveness in
Patodia, Chairman, Cotton overseas markets, he said.
Textiles Export Promotion Texprocil Chief also
Council (TEXPROCIL) in a pointed out that the RoDTEP
statement while welcoming the Rates will go a long way in
announcement of the much empowering clusters to
awaited RoDTEP rates for manufacture raw materials,
exports said that the supply finished goods, increase
announcement will go a long employment and realise the
way not only in ensuring the vision of an “Atmanirbhar
healthy development of the Bharat”.

SIMA hails announcement of RoDTEP

Rates for yarns and fabrics
By Our Staff Reporter
MUMBAI, AUG. 17—
The Southern India Mills’ Association, has lauded the
government for announcing the rates when the industry is in the
process of getting good market opportunities in the post-WTO
For all your requirement regime.
www.evefabrics.com

in Polyester Fibers, Mr. Ashwin Chandran,

Tops and Filaments Chairman, SIMA said that the
Yarn SD, cotton yarn and fabrics were
FD, Catatonic for hitherto eligible only for duty
Worsted /cotton
spinning from Japan, drawback and now on, the cotton
Korea, Taiwan and yarn will get 3.8% RoDTEP with
South East, Europe a cap of Rs.11.40 per kilo and
and USA. woven fabric of 4.3% with a cap
Contact: of Rs.3.4 per sq.metre.
Eve Fabrics Pvt. Ltd. He said that this would
ckmody@evefabrics.com give impetus and opportunity for
India to increase exports, convert the raw cotton being exported
into value added products, increase foreign exchange and create
jobs for several lakhs of people, apart from utilizing the surplus
capacity already created both in the spinning and weaving sectors.
SIMA Chairman stated that the knitted fabric has been given
Continued on Page 4
PAGE 2. TECOYA TREND, WEDNESDAY, AUGUST 18, 2021.

RELIANCE
RIL - PSF LONGLASST (VORTEX)
Polyester RM
as on 17-08-2021
320/72/LIM
320/72/ROTO
105
106
COTTON CORPORATION OF INDIA
0.8 Semi Dull 105-75 PILLING FREE Yarns in COTTON PRICE LIST - 2020-21 STOCK
VISCOSE, MICROMODAL, Px $ 869 FULL DULL PRODUCTS
1.0 Semi Dull 103-00 TENCEL, PV,PC & PTA $ 760 Branch Variety Parameters Price
1.2 Semi Dull 102-25 CORE SPUN YARNS 80/72/ FD ROTO 130-00
alakan@pallavaagroup.com MEG $ 658 Staple Length Micronairee Rs. per Candy
1.4 Semi Dull 101-50 Mobile: +91 90470 26711 80/72/2 FD ROTO 130-00
2.0 Semi Dull 101-50 AKOLA LRA MOD 27 3.4-4.9 52800
TEXTURISED 450/96 HIM / SIM 102.00
1.2 Super HT Brt107-00 GREY AURANGABAD H-4 MOD 28 3.5-4.7 53900
300/96 NIM BLACK DD 105.00
1.2 S HT (OW) 110-75 ALOK LRA MOD 27 3.4-4.9 52800
300/96 HIM BLACK DD 107.00
1.2 Opt. White 107-00 INDUSTRIES INDORE H-4 MOD 28 3.5-4.7 53900
1.2 Super Black 112-75 300/96 IM BLACK DD 106.00
50/72 SIM 158.00 LRA MOD 27 3.4-4.9 52800
1.4 Super Black 111-75 220 EASY 160.00
2.0 Semi Dull Tow123-00 75/34 NIM WEAVING 109.00 ADILABAD MECH MOD 28 3.5-4.7 53800
220 EASY BLACK 170.00
2.0 TBL TOW 132-50 75/34 SIM 113.00 LRA MOD 27 3.4-4.9 52600
100/72 HIM SBR 121.00
2.0 Super Blk Tow 139-00 75/72 SIM - EVEN 114.00 WARANGAL BB SPL. MOD 29 3.5-4.3 54000
2.0/2.5 TBL 104-75 150/48 HIM SBR 108.00
75/72 SIM - UNEVEN 112.00 MECH 28 3.5-4.7 53800
RIL - POY 300/144 SIM SBR 106.00
80/72 HIM - EVEN 115.00 LRA MOD 27 3.4-4.9 52600
Basic Price per Kg. 300/144X2 SIM SBR 108.00
(Plus GST Extra) 80/72 HIM - UNEVEN 113.00 MAHABUBNAGAR MECH 28 3.5-4.7 53800
450/192 SIM SBR 109.00
126/34 SD 94-50 75/108 SIM 116.00 LRA MOD 27 3.4-4.9 52600
75/72X2 SIM MELANG 117.00 CATONIC PRODUCTS
122/72 SD 96-50 75/108 HIM 118.00 GUNTUR BB MOD 30 3.5-4.3 55300
250/48 SD 91-50 60.00 80/72/ CAT ROTO 140-00
MIX YARN JOB LOT
75/34 NIM BLACK DD 115.00 MECH MOD 28 3.5-4.7 53800
51/14 SD 109-50 MIX YARN Bk DD JOB 74.00 80/72/2 CAT ROTO 140-00 RAYAGADA BB MOD 30 3.5-4.3 56000
160/72 Brt 100-25 100/36 NIM 107.00 WELLKNOWN 130/ DEN HM/GK 140-00
235/72 Brt 96-25 100/108 SIM 112.00 80/108/MICRO 124 MECH MOD 28 3.5-4.7 54500
160/ DEN DISCAT 130-00 BATHINDA J 34 DR 28 MM 28 4.0-4.8 52800
RIL - PTY 100/144 SIM 115.00
Ex-Factory 80/72/ROTO 120 BLACK PRODUCTS
150/48 NIM 100.00 J 34 DR 27 MM 27 3.8-4.8 52400
Basic Prices 75/72/SD ROTO 120 80/34/ BL ROTO 125-00 SIRSA J 34 DR 28 MM 28 4.0-4.8 52300
(Freight and 150/48 HIM 103.00
75/36 HIM 118 80/72/ BL ROTO 128-00 J 34 DR 27 MM 27 3.8-4.8 51900
GST Extra) 150/48 IM 102.00
SRIGANGANAGAR J 34 DR 28 MM 28 4.0-4.8 53100
75/34 SD HIM 114-50 150/300 TWISTED 120.00 75/36 NIM 116 80/72/2 BL ROTO 128-00
75/34 SD NIM 114-00 J 34 DR 27 MM 27 3.8-4.8 52700
150/48 NIM BLACK DD 107.00 150/108/SIM 110 75/36 DDB NIM 123-00
155/48 SD HIM 107-75 BHILWARA H-4 SUP CONV 28 3.5-4.7 52500
150/48 HIM BLACK DD 110.00 150/48 NIM 106 150/48 DDB HIM 113-00
155/48 SD NIM104-25 COTTON PRICE LIST - 2019-20 STOCK
81/72 FD HIM 126-75 150/48 IM BLACK DD 109.00 150/48/2 ROTO 109 150/48 DDB NIM 111-00
AHMEDABAD S-6 A 27 3.6-4.8 51400
81/72 CD IM 142-75 150/108 SIM 105.00 150/48/ROTO 109 300/96 DDB HIM 112-00
75/108 SD IM 124-75 S-6 26 MM + 26 3.4-4.9 50800
150/108 HIM 105.00 Recycled PSF - Pashupati Polytex
RIL - FDY S-6 24 24 3.4-4.9 49800
150/216 SIM 106.00 1.4 X 38 mm off-white 71
Carton Ex-Factory RAJKOT S-6 SUP 28 3.6-4.8 52500
Basic Prices 150/216X2 SIM 107.00 3 Dn & 6 Dn off-white 71
1.4 X 44 mm Black M.T Rates (Ex Factory)
74 S-6 26 MM+ 26 3.4-4.9 50800
(Freight and 150/288 SIM 107.00
3 Dn Black 73 WARANGAL BB MOD 30 3.5-4.3 54000
GST Extra) 150/288X2 SIM 108.00 1.4 X 44 mm Black H.T 77 MECH MOD 28 3.5 - 4.7 52400
70/36 SD 108-00 300/72 NIM 97.00 Hollow 7 Dn & 15 Dn HNS 79
50/24 SD 117-00 MAHABUBNAGAR BB SPL MOD 29 3.5 - 4.3 52700
300/72 IM 99.00 Hollow 7 Dn & 15 Dn HS 82
50/36 Brt 111-00 Silky 87 MECH MOD 28 3.5 - 4.7 52400
75/36 Brt 106-00 300/72 HIM 100.00
1.2Dn off-white 72 GUNTUR MECH MOD 28 3.5 - 4.7 52400
150/48 Brt 95-00 300/72X2 HIM 100.00 2Dn 71 LRA MOD 27 3.4 - 4.9 51300

GIMATEX INDUSTRIES RAYAGADA BB MOD

MECH BB MOD
30
28
3.5 - 4.3
3.5 - 4.7
54700
53100
ALL RATES ARE BASE RATES,GST+TCS WILL BE EXTRA
BATHINDA J 34 DR 28 MM 28 4.0 - 4.8 51500
GST APPLICABLE : COTTON YARN @ 5% & SYNTHETIC YARN @ 12%.
J 34 DR 27 MM 27 3.8 - 4.8 51100
COTTON YARNS 1/30 VISCOSE RS HT (30 TPI) --------
QUALITY BASE RATE 2/30 VISCOSE RS 237.00 SIRSA J 34 DR 28 MM 28 4.0 - 4.8 51000
1/20 COTTON OE -------- 2/40 VISCOSE RS 267.00 J 34 DR 27 MM 27 3.8 - 4.8 50600
1/30 COTTON 283.00 1/60 VISCOSE RS 317.00 BHILWARA H-4 SUP CONV 28 3.5 - 4.7 51200
1/40 COTTON 315.00 MODAL / TENCEL H-4 A CONV 27 3.5 - 4.7 50800
1/50 COTTON -------- QUALITY BASE RATE
2/30 COTTON 306.00 Birla Lenzing BULK QUANTITY DISCOUNT IS APPLICABLE ON THE ABOVE RATES
2/40 COTTON 345.00 1/30  MODAL 302.00 --------
1/30 COTTON COMPACT 291.00 1/40  MODAL 332.00 -------- Cotton Yarn Prices : Prices FOB Indian Port / LC at Sight
1/40 COTTON COMPACT 322.00 1/60 MICRO MODAL 412.00 -------- Ne 20/1 Carded Hosiery Yarn USD 3.25/Kg. Ne 30/2 Carded Hosiery Yarn USD 3.90/Kg.
1/50 COTTON COMPACT -------- 1/30  EXCEL / TENCEL 284.00 320-00 Ne 20/1 Combed Hosiery Yarn USD 3.50/Kg. Ne 32/2 Combed Knitting Yarn USD 4.45/Kg.
POLYESTER YARNS 1/40  EXCEL / TENCEL 310.00 350-00
1/20  100% POLY. RS -------- 1/30  LIVA ECO / ECOVERO 239.00 281-00 Ne 21/1 Carded Weaving Yarn USD 3.25/Kg. Ne 32/2 Carded Hosiery Yarn USD 3.95/Kg.
1/24  100% POLY. RS/ MVS -------- 1/40  LIVA ECO / ECOVERO -------- -------- Ne 26/1 Combed Hosiery Yarn USD 3.75/Kg. Ne 40/2 Combed Hosiery Yarn USD 4.80/Kg.
1/30  100% POLY. RS/ MVS 159.00 SLUB YARNS Ne 30/1 Carded Hosiery Yarn USD 3.45/Kg. Ne 30/1 Combed Com Wvg Yarn USD 3.95/Kg.
1/40  100% POLY.  RS / MVS 182.00 QUALITY BASE RATE Ne 30/1 Combed Hosiery Yarn USD 3.80/Kg. Ne 40/1 Combed Comt Wvg Yarn USD 4.55/Kg.
2/30  100% POLY.      179.00 1/30  COTTON  K SLUB 8012     306.00
2/40 100% POLY. 212.00 Ne 32/1 Carded Weaving Yarn USD 3.55/Kg. Ne 50/1 Combed Comp Wvg Yarn USD 4.75/Kg.
1/30  COTTON  C SLUB 8013     --------
POLY/VISCOSE YARNS 1/40  COTTON  K SLUB      -------- Ne 34/1 Combed Hosiery Yarn USD 4.10/Kg. Ne 16/1 Open EndYarn USD 2.25/Kg.
1/30 P/V 65/35 184.00 1/40  100%  POLY. MAGIC     207.00 Ne 40/1 Combed Hosiery Yarn USD 4.40/Kg. Ne 21/1 Open EndYarn USD 2.45/Kg.
1/40 P/V 65/35 209.00 1/30  P/V 65/35      MAGIC            204.00 Ne 40/1 Carded Weaving Yarn USD 3.70/Kg. Ne 24/1 Open EndYarn USD 2.75Kg.
1/40 P/V 65/35 H.T. 228.00 1/40  P/V 65/35      MAGIC 234.00
1/45 P/V 48/52 240.00 2/30 P/V 65/35 SLUB 226-00
1/45 P/V 65/35
2/30 P/V 65/35 T.F.O (NOR)
2/30 P/V 65/35 T.F.O (17 TPI)
222.00
204.00
210.00
1/15  VISCOSE SLUB
1/25  VISCOSE SLUB
1/30  VISCOSE SLUB
216.00
234.00
242.00
BOOKS OF YOUR INTEREST
2/40 P/V 65/35 T.F.O (NOR) 239.00 1/40  VISCOSE SLUB 261.00 SR. NO. AUTHOR NAME OF BOOK PRICE
2/40 P/V 65/35 T.F.O (19 TPI) 243.00 PV BLACK AND MELANGE
2/60 P/V 65/35 309.00 QUALITY BASE RATE 51 LEE PRINTING ON TEXTILE BY DIRECT
POLY / COTTON MELANGE 1/30 P/V 65/35 BLACK 206.00 AND TRANSFER TECHNIQUES (NDC) Rs.-0600.00
QUALITY BASE RATE 1/40 P/V 65/35 BLACK 231.00 52 LORD WEAVING CONVERSION OF YARN TO FABRIC Rs.-0800.00
2% 2/30  P/V 65/35  BLACK 226.00
53 MOORTHI NONWOVEN Rs.-0700.00
1/24  P/C K 30/70 237.00 2/40  P/V 65/35  BLACK 259.00
54 MANDAL GEOSYNTHETIC WORLD Rs.-0350.00
1/30  P/C K 30/70 249.00 2/50  P/V 65/35  BLACK 310.00
1/40  P/C K 30/70 272.00 P/V TFO SPANDEX 55 MARSH AN INTRODUCTION TO TEXTILE BLEACHING Rs.-0250.00
12% QUALITY BASE RATE 56 MARSH TEXTILE SCIENCE (SH) SPECIAL PRICE Rs.-0100.00
1/24  P/C K 30/70 -------- 2/30 P/V 65/35 SPANDEX 005.00 57 MARSH AN INTRODUCTION TO TEXTILE FINISHING Rs.-0250.00
1/30  P/C K 30/70 -------- 2/40 P/V 65/35 SPANDEX 335.00 58 McKELVEY FASHION FORECASTING Rs.-0995.00
1/40  P/C K 30/70 -------- 2/30 P/V BK 65/35 SPANDEX 325.00 59 MERILL COTTON COMBING Rs.-0200.00
VISCOSE YARNS 2/40 P/V BK 65/35 SPANDEX 370.00
QUALITY BASE RATE 1/20 KW SPANDEX/70D 309.00
For more Details Write :
1/30 VISCOSE RS / MVS 217.00 1/30 CWSPANDEX/40D 409.00
1/40 VISCOSE RS / MVS 237.00 #

Disclaimer: All prices/rates information provided in Tecoya Trend is provided for information purposes only and are only
TECOYA INFOTECH
indicative. Although every reasonable effort is made to present current and accurate information, Tecoya Trend takes no D-66, Oshiwara Industrial Centre, Ground Floor,
guarantees of any kind of the published prices/rates. In no event shall Tecoya Trend be held responsible or liable, directly or Goreagon (West), Opp. Bus Depot, Mumbai 400 104.
indirectly, for any prices/rates provided in the newspaper. Phone : 22-66978535 Fax : 22-28793022 E-Mail : tecoya@vsnl.com
 TECOYA TREND, WEDNESDAY, AUGUST 18, 2021, PAGE 3.

DIAMOND TEXTILE
AHMEDABAD
100% Cotton Yarns
TruTag Technologies to expand into
Quality
1/30 Karded Weaving
2/30 Karded Weaving
Price per Kg*
255.00
285.00
secure digitization for clothing
1/40 Karded Weaving 275.00 From Tecoya NewsDesk
2/40 Karded Weaving 315.00 MUMBAI, AUG. 17— features, such as hang tags. The proprietary authentication
The US-based TruTag Technologies, Inc., a leading provider technology is developed in a tightly controlled manufacturing
100% Cotton Grey Fabrics of smart medicine and other product identity solutions, today facility.
Quality Price per Meter* announced that they are extending their award-winning technology Subtlety–The Truspect solution is based on microparticles
40 Combed*40 Combed- 132*72 - 63" - 1/1 79.50 to the clothing industry. The Truspect technology incorporates directly incorporated onto clothing garments and/or sewn-in labels.
40 Combed *40 Combed - 132*72 - 63" - 2/1 79.50 “TruTags,” spectrally-encoded microscopic particles covertly Smart tags are implemented with minimal impact on the elegance
40 Combed *40 Combed - 124*70 - 63" - 1/1 75.50 embedded directly onto garments through existing product finishes of a garment.
40 Combed *40 Combed - 124*70 - 63" - 2/1 75.50 and sewn-in labels, and authenticated using a common mobile Cost effectiveness–Incorporating TruTags into items of
40 Combed *40 Combed - 112*70 - 63" - 1/1 71.50 phone. clothing costs a fraction of production value.
40 Combed *40 Combed - 124-64 - 63" - 1/1 72.50 The counterfeit market is considered one of the most Easy adoption–Because the product identity solution utilizes
successful criminal enterprises with a global value of over $1.8 existing finishes and processes, manufacturers can seamlessly
Company also Supplies BCI/Organic Certified Fabrics & Yarns
Trillion. Its prominence has exploded over a short period of time integrate the technology into any workflow.
* All rates are Ex-mill Basis
— the U.S. Department of Homeland Security reported that seizures Customization–Customers can choose from a variety of
of counterfeits have increased ten-fold over the past 20 years. While authentication options, including forensic recovery and mobile app
KEN ENTERPRISES the fashion industry has aggressively combatted the sale of verification.
Ichalkaranji (prices excluding GST) fraudulent products, it is still one of the most impacted sectors, The Truspect solution allows brands to combat common
losing billions of dollars annually due to counterfeit sales. The sharp supply-chain challenges including:
Quality Weave Composition Ex-Mill rise in e-commerce has only exacerbated this issue, as product Illegitimate production–Incorporating TruTags into the
Rate/Meter authenticity becomes even harder to verify when introducing third- products themselves provides an additional layer of security against
100s x 100s / 227 x 150 - 63" 4/1 Satin 100% Cotton 173.00 party sellers. fraudulent replicas of popular clothing items.
100s x 100s / 92 x 88 - 63" 1/1 Plain 100% Cotton 82.00 Many clothing authentication solutions rely on securing the Unauthorized production–Digitizing the clothing supply
80s x 80s / 170 x 120 - 63" 1/1 Plain 100% Cotton 125.75 packaging or removable features, rather than directly securing the chain prevents distribution of genuine but unsanctioned clothing.
80s x 80s / 92 x 88 - 63" 1/1 Plain 100% Cotton 75.25 product. However, the Truspect solution provides a secure digital Sustainability–Manufacturers can track and trace certain
70s x 90s / 92 x 104 - 63" 1/1 Plain 100% Cotton 85.25 identity to garments that can be authenticated by consumers materials to ensure apparel is sustainably sourced.
60s x 60s / 92 x 88 - 63" 1/1 Plain 100% Cotton 64.00 themselves via the Truspect mobile app, providing peace of mind Fraudulent returns–Authenticating items of clothing prevents
60s x 60s / 92 x 88 - 67" 1/1 Plain 100% Micromodal 76.00 to the consumer and an extra layer of credibility to the seller. counterfeiters from returning fraudulent products for refunds.
50s x 50s / 132 x 72 - 63" 1/1 Plain 100% Organic Cotton 107.75 “The prevalence of counterfeits has been costly to brands, TruTag is best known for its smart medicine solution for
40s x 40s / 124 x 72 - 63" Dobby 100% Viscose 73.00 but more importantly to consumers,” said Michael Bartholomeusz, securing the pharmaceutical supply chain via spectrally-encoded
20s x 10s / 100 x 48 - 63" Oxford 100% Cotton 86.25 CEO of TruTag Technologies. “Many have paid top dollar for silica particles that serve as covert “edible barcodes” for tablets,
products that were in fact fraudulent and lower quality, and feel capsules, and even biologics. The company recently partnered with
GREY CLOTH they can’t trust many marketplaces where this issue has gotten out one of the most prominent pharmaceutical manufacturers in the
of control. Securing product packaging only accounts for part of world to directly implement its innovative technology into the supply
PEE VEE TEXTILES LTD. the problem. Buyers need an all-encompassing solution they can chain of various big pharma companies.
truly depend on.” “We saw an opportunity to combat yet another piece of the
100 % COTTON GREIGE FABRIC TruTag’s novel Truspect technology provides clothing global counterfeit market,” said Bartholomeusz. “Our customers
(ALL COMBED COMPACT YARN) manufacturers and distributors with: have always appreciated how easy it is to incorporate our technology
Quality Weave Ex BCI Security– A digital platform that protects the clothing items into a product’s supply chain, be it drugs, food, beverages, and
Rate Rate themselves as opposed to securing the packaging and removable now clothing.”
+GST
30 Compact x 30 Compact / 124 x 64 - 63" 2/1 95.00 99.00
40 Compact x 40 Compact / 120 x 96 - 63" 1/1 92.00 96.00
50 Compact x 50 Compact / 132 x 80 - 63" 1/1 85.00 89.00
TO KNOW
Want MORE ABOUT
De-notification of Inland Container Depots and
Quality
STRETCH GREIGE FABRIC
Weave Reeed Ex
Write for
details at: Textiles Container Freight Stations/Air Freight Stations
Rate NEW DELHI, AUG. 17-- the country, the CBIC today 16.08.2021 requires a custodian
+GST tecoya@gmail.com Providing relief to streamlined the procedure of intending to wind up the
30 Comp x 20 K Spandex (70d) / 160 x 90 GOL Dobby 73" 145.00 custodians of Inland Container closure of these facilities in operation to submit an
40 Comp x 30 Cw + 30 Cw Spandex (40d) / 160 x 80 GOL Dobby 73"132.00 Contact Depots (ICDs) and Container maximum of four months only. application to jurisdictional
40 Comp x 30 Cw Spandex (40d) / 88 x 72 GOL 1/1 74" 96.00 8108210249 Freight Stations (CFSs) across No timeline was specified earlier. Principal Commissioner/
JACQUARD DESIGN GREIGE FABRIC ICDs and CFS play a vital Commissioner of Customs for
Quality Weave Reeed Ex
Rate
+GST
Rupee declines by 11 paise role in the exim trade as they
store and clear import and export
de-notifying the ICD/CFS. A
Nodal Officer at the level of
goods. These facilities are Deputy/Assistant Commissioner
50 Comp x 50 Comp / 144 x 94 (On Loom) Jacquard 65" 133.00
With Name Writing Jacquard Selvedge to 74.35 on stronger dollar notified under the Customs Act,
1962 and are administered by the
of Customs would then facilitate
the de-notification by
60 Comp x 60 Comp / 110 x 88 Jacquard 67" 114.00 The rupee on Tuesday the session following weakness Customs authorities. However, at coordinating the disposal of the
With Name Writing Jacquard Selvedge declined by 11 paise to close at in domestic equities. Broader times a custodian may like to goods lying at the facility in a
Quality Weave Reeed Ex 74.35 against the US currency strength in the dollar against its close (de-notify) the facility. The time bound manner.
Rate due to a stronger dollar in the major crosses also weighed on disposal of un-cleared, seized The new procedure would
+GST overseas markets. the currency," said Gaurang and confiscated goods import/ ensure undue cost and time over
CUT-CORDUROY GREIGE FABRIC At the interbank foreign Somaiyaa, Forex & Bullion export are prerequisites for the runs are avoided. Importantly,
20OE x 20 K Spx (70D)+20Visc / 68 x 104 (1:2) Corduroy 78" 129.00 exchange market, the domestic Analyst, Motilal Oswal de-notification. The CBIC noted the de-notification shall be
40 Comp x 30 Comp / 84 x 130 Corduroy 66" 114.00 currency opened flat at 74.23 Financial Services. Somaiyaa that this process was taking a completed within a maximum of
against the American currency said that market participants are long time which caused four months from the date of
KENNIGTON INDUSTRIES but later slipped to close at 74.35. awaiting for more cues from the difficulties for the custodians. receipt of complete application.
Price per Kg. - Ex- Bhiwandi "Rupee opened on a flat Federal Reserve meeting minutes The newly issued Circular This is yet another trade
18/2 Poly Virgin 151+GST note but fell in the latter half of that would be released this week. No. 20/2021-Customs dated facilitation initiative by CBIC.
20/1 Poly Virgin 143+GST
24/1 Poly Virgin
30/1 Poly Virgin Indonesia/China
40/1 Poly Virgin
147+GST
151+GST
168+GST
Pearl Academy introduces AICTE approved
40/1 Poly Virgin(Waterjet, Knitting) 170+GST
60/1 Poly Virgin
20/1 Poly Vertex/MVS/Airjet
24/1 Poly Vertex/MVS/Airjet
204+GST
144+GST
148+GST,Ex-Ludhiana
PGDM program with 25% scholarships
30/1 Poly Vertex/MVS/Airjet 152+GST,Ex-Ludhiana MUMBAI, AUG. 17— Science and (4) Marketing and business trends and the rise of knowledge, sharpen their
38/1 Poly Recycle 148+GST Pearl Academy's School of Communication. start-ups. The program will be leadership skills and prepare
47/1 Poly Recycle 165+GST Creative Business today The AICTE approved delivered through Pearl them for the corporate and
30/1 Poly Slub Weaving 166+GST announced the launch of post- PGDM program will be taught Academy's learner-centric entrepreneurial world. They will
30/1 Poly Slub Knitting 166+GST graduate diploma in at three campuses of Pearl pedagogy that emphasizes on also have access to certification
40/1 Poly Magic Slub (45kg) 186+GST management (PGDM) program, Academy- Mumbai, Bengaluru tech-enabled learning, global programs from industry partners.
40/1 Poly Magic Slub (40kg) 186+GST
approved and recognized by the and Delhi-South. There is a 25% experience and right industry The curriculum for the
21/1 Viscose Slub 191+GST
40/1 PV Magic Slub 181+GST All India Council for Technical scholarship available on the first- exposure. Through our unique specializations offered has a
16/1 Cotton Encounter Slub 235+GST,Ex-Mill Education (AICTE), Department year tuition fee for the founding incubation and start-up strong digital and technology
21/1 Cotton Rancho Slub 242+GST,Ex-Mill of Higher Education. batch of 2021. initiative, 'Runway', students will component as business and
21/1 Cotton Jaykha Slub 247+GST,Ex-Mill Starting academic year Pearl Academy will also get the much-needed launch pad management professionals are
31/1 Cotton Cotstar Slub 270+GST,Ex-Mill 2021, business & management provide placement support and to test their business ideas and expected to drive digital
32/1KW Cotton Yarn 258+GST,Ex-Mill aspirants can enrol for the two- career mentoring for alumni for kick-start their entrepreneurial transformation of businesses.
All above rates are subject to reconfirmation. year full-time PGDM program up to 5 years after graduation. ventures." Another distinctive Additionally, through
Printed, Published and Edited by Rakesh L. Sharma on behalf of with an option to choose electives Aditi Srivastava, aspect of the pedagogy at the global academic partners of Pearl
TECOYA TREND PUBLICATIONS PVT. LTD. from D-66, in the specialized areas of (1) President, Pearl Academy, School of Creative Business is Academy and School of Creative
Oshiwara Industrial Centre, Andheri Malad Link Road, Mumbai 400 104 Entrepreneurship, Start-up and shares, "The specializations that the robust mentoring support by Business, students will be able to
and Printed at TECOYA TREND PUBLICATIONS, D-66, Oshiwara Family Business, (2) Digital are being offered through this exceptional CEOs and pursue the best of internationally
Industrial Centre, Andheri Malad Link Road, Mumbai 400 104
Business and E-commerce, (3) PGDM program are well-curated organizational leaders to acclaimed management
Registered with Office of the Registrar of Newspaper for India
Registration Number: 20682/1970 Business Analytics and Data as per the current and future enhance the students' industry programs.
PAGE 4. TECOYA TREND, WEDNESDAY, AUGUST 18, 2021.

Prices firm up
By Cotton Man
SIMA welcomes RoDTEP rates
Continued from Page 1 Col 2 to avoid export of taxes and thereby enhance global competitiveness.
MUMBAI, AUGUST 17— only 1% and requested the Government to review the rate based on After the introduction of GST, the GST input tax credits are
The cotton prices firmed up across all market backed by modular RoDTEP calculation. refunded while several other products where inverted duty issue is
renewed demand from the user industry.
Mr. Chandran said that the knitted fabric made out of yarn there (like manmade fibre textile products), the exports continue
Quality Rate Arrival in should get higher benefit than the yarn which has been taken care to suffer. The duty drawback system already takes care of the refund
Bales in the case of woven fabric. of customs and other Central levies.
State Wise It may be noted here that in the absence of duty-free access The RoSL/ RoSCTL benefits were extended only for garments
NORTH ZONE (RATES IN MAUND) for the export of textiles and clothing products, the export of Indian and made-ups. The Government made an announcement of
textiles and clothing had been stagnated during the last five years. refunding the embedded taxes through RoSCTL scheme. In
Punjab J-34 SG 5390-5410 addition, the Government also extended MEIS benefit in lieu of
India has been pushed to sixth position in the global trade of
J-34 RG 5440-5460 Nil
total textiles and clothing products from its second position due to focus product and focus market incentive. As the Government had
withdrawal of certain export benefits extended for yarns and fabrics to switch over to WTO compatible schemes, most of the export
Haryana J-34 SG 5270-5390
and other products such as incremental export incentive, focus benefits were withdrawn except duty drawback especially for the
J-34 RG 5320-5340 Nil
product and focus market export incentives, interest subvention, yarns and fabrics.
etc. Today, the Government continued to extend the RoSCTL
Rajashtan J-34 SG 5390-5420
The industry has been pleading the Government to create a benefit for garment and made-ups now has been recently extended
J-34 RG 5440-5470 Nil
level playing field to enhance the global competitiveness by upto 31st March 2024. The Government had announced the
Lower Raj H-4 28 mm 49700-53500 refunding all the embedded taxes relating to State and Central levies RoDTEP scheme giving effect from 1st January 2021.
in bales H-4 29 mm 53000-54000 Nil

CENTRAL ZONE (RATES IN BALES)

CITI hails RoDTEP RoDTEP rates to give predictability, stability
rates for textiles
Gujarat
V-797 (Kalayan) 22 mm 35700-36700
Continued from Page 1 Col 2
subvention, etc.
and liquidity to Indian exports: FIEO
S6 28.5 mm 54700-55200 He further stated that the By Our Staff Reporter
S-6 29.0 mm 55700-56200 Nil Indian textile industry was MUMBAI, AUG. 17— President, FIEO. of the rates factoring the changes
Maharashtra
attracting embedded taxes to the Welcoming the Hailing the decision of the in the taxes & duties in respect
MECH 1-K’desh 29 mm 54200-56700
tune of 6-8% on the cotton yarn announcement of the Remission Government to extend the of parameters based on which
MECH 1 - M’thawad 28-29 mm 54700-55200
and cotton fabrics products and of Duties and Taxes on Exported RoDTEP coverage to Advance such rates are fixed.
Bunny-Vidarbha) 29-30mm 55700-57200
the same were not getting Products (RoDTEP) rates for the Authorisation/DFIA holders, Dr Sakthivel thanked the
MCU-5 (Sillod) 31 mm 57200-57700 Nil
refunded to them at any stage. merchandise sector, Dr. A. EOU and SEZ units from a date Hon'ble Prime Minister,
Madhya Pradesh
Mr. Rajkumar further said Sakthivel, President, FIEO said to be notified later, President Commerce & Industry and
MECH -1 29 mm-RD 70--71 54200-54700
that the cotton yarn and fabrics that the much-awaited rates will FIEO urged the Government to Textiles Minister and the
MECH -1 29 mm-RD 72--73 55200-55700
were to date eligible only for duty help in easing the liquidity of the also extend them the benefits Finance Minister for providing
MECH -1 29+ mm-RD 74--75 56700-57200
   DCH-32 33-35 mm 91500-95500 Nil drawback and from now on, the exporters, ensuring predictability from 1st January, 2021. He also RoDTEP support to exporters so
cotton yarn will get 3.8% and stability thus helping pleaded for coverage of various as to impart competitiveness to
SOUTH ZONE (RATES IN BALES) RoDTEP with a cap of Rs.11.40 competitiveness of exports over sectors such as Pharma, Organic exports more so at a time when
Andhra Pradesh per kilo and woven fabric of a long-time horizon. & Inorganic chemicals, Article exports growth is moving in
Bunny/Brahma (Adilabad) 29-30 mm 54200-56700 4.3% with a cap of Rs.3.4 per sq. He said that he expects the of Iron & Steel and Iron & Steel northward direction offsetting
MECH - 1 (Warangal) 29-30 mm 54200-57200 metre. rates are quickly uploaded in the under RoDTEP immediately the pandemic.
MCU-5 (Guntur) 29 to 31 mm 55200-57700 Nil He stated that the knitted system so that exporters may with effect from 1st January, President, FIEO said that
fabric has been given only 1% generate their scrips instantly for 2021. exports are on course to achieve
Karnataka and requested the Government to utilizing the same either for duty Explaining about the low US$ 400 Bn in the current fiscal
Bunny / BT 30-31 mm 55200-56200 review the rate based on modular free imports or transferring it to rates for many sectors, Dr but logistics challenges
MCU-5 30 mm 57200-57700 RoDTEP calculation. He has said increase their cash flow. Sakthivel said that since the rates particularly unavailability of
DCH-32 33-35 mm 92500-96500 Nil that the knitted fabric made out FIEO said that RoDTEP are fixed on the basis of the data containers, shut out by shipping
of yarn should get a higher rates, which provides zero furnished by the industry, which lines and high freights pose a
ORISSA benefit than the yarn which has rebating of exports, are WTO was also affected due to the serious challenge.
MCU-5 30 mm 55200-56700 been taken care of in the case of compatible and thus will pandemic, the rates may be He requested the
MCU-5 31 mm 57200-57700 Nil woven fabric. continue for long time until all reviewed if more comprehensive Government to take suitable
Chairman, CITI stated that the products & services are and updated data is furnished by measures so that these hiccups
Total Arrivals NIL the scheme will place Indian brought within the ambit of GST the industry. Moreover, there is can be overcome.

Indian Cotton Federation textile exporters at par with

international competitors and
and embedded incidence is
completely neutralized. The
a provision for an annual review #

(Per Candy 2020-21 Crop)

allow them to penetrate new
markets to increase their market
RoDTEP coupled with GST
refund and Duty Drawback
Rieter acquires 3 Saurer businesses
share and make the Indian textile ensure that our export products Continued from Page 1 Col 6
V-797 (Guj) 36200 MCU-5 (AP) 57500
J-34 (RG) (Karna) 51748 DCH-32 (Karna) 92000 industry AatmNirbhar in all do not contain any incidence of available credit lines.
MECH-1/H-4 (MP) 54400 MECH -1 (Maha) 56000 senses. taxes and duties, added Rieter and Saurer expect to close the transaction during the
Sankar-6 (Guj) 55300 # month of August. In the first step of the transaction, Rieter will

COTTON ASSOCIATION OF INDIA India has emerged as a global acquire 57% of the shares of Saurer Netherlands. The shares will
be returned to Saurer after the implementation of the transaction
in six to nine months.
State Staple Mic Per

P/H/R- ICS-101 Below 22mm 5.0 – 7.0

Candy
42800 R&D platform: Mashelkar In connection with the transaction, it is envisaged that Rieter
will supply automatic winders to Saurer in the future.
Changes in the Rieter Board of Directors
P/H/R-ICS-201 (SG) Below 22mm 5.0 – 7.0 43500 NEW DELHI, AUG. 17-(PTI)
GUJ-ICS-102 22mm 4.0 – 6.0 35700 During the course of this transaction, it came to serious
India has emerged as a global R&D platform with hundreds
KAR-ICS-103 23mm 4.0 – 5.5 37600 violations of the statutory duty of loyalty, the obligation to maintain
of centres, thousands of scientists and engineers, former CSIR
M/M(P)-ICS-104 - 24mm 4.0 – 5.5 42000 business secrets and the Rieter Code of Conduct by the two members
Director Raghunath Mashelkar here. of the Board of Directors Luc Tack and Stefaan Haspeslagh. They
P/H/R(U)-ICS-202 (SG) 27mm 3.5 – 4.9 50000
Addressing a conference by the National Institute of Science have used information internal to the Board of Directors in order
M/M(P)/SA/TL-ICS-105 26mm 3.0 – 3.4 44500
Communication and Policy Research (NIScPR), a CSIR institute, to compete with Rieter through their own offer.
P / H / R(U)-ICS-105 27mm 3.5 – 4.9 50700
M/M(P) /SA/TL/G- ICS-105 27mm 3.0 – 3.4 46500 to commemorate Azadi ka Amrit Mahotsav , Mashelkar The Board of Directors considers this to be a strong violation
M/M(P)/SA/TL-ICS-105 27mm 3.5 – 4.9 50200 congratulated the CSIR for its work during the Covid pandemic. of Rieter’s interests, to the detriment of all of its stakeholders, and
P/ H/R(U)-ICS-105 28mm 3.5 – 4.9 51600 The Council of Scientific And Industrial Research (CSIR) a sustained breach of the relationship of trust within the Board of
M/M(P)-ICS-105 28mm 3.5 – 4.9 52900 has galvanised its different work to provide support to the public at Directors which makes further cooperation impossible.
SA/TL-ICS-105 28mm 3.8 – 4.2 53000 large during the pandemic, he added. Therefore, the Board of Directors of Rieter Holding Ltd.
GUJ-ICS-105 28mm 3.8 – 4.2 54100 India has emerged as a global R&D platform with hundreds intends to convene an Extraordinary General Meeting at which its
R(L)-ICS-105 29mm 3.7 – 4.9 53000 of R&D centres, thousands of scientists and engineers, Mashelkar members, Luc Tack and Stefaan Haspeslagh, are to be dismissed.
M/M(P)-ICS-105 29mm 3.8 – 4.2 54700 said. To protect Rieter’s interests, the Board of Directors will file
SA/TL/K-ICS-105 29mm 3.8 – 4.2 54800 CSIR Director General Shekhar Mande said the agency has a criminal complaint against the two members of the Board of
GUJ-ICS-105 29mm 3.8 – 4.2 56300 started responding to the problems of national importance with Directors. The date of the Extraordinary General Meeting will be
M/M(P)-ICS-105 30mm 3.8 – 4.2 56600 much required agility and swiftness. announced at the appropriate time.
SA/TL/K/O-ICS-105 30mm 3.8 – 4.2 56800
M/M(P)-ICS-105
SA/TL/K/TN/O-ICS-105
31mm
31mm
3.8 – 4.2
3.8 – 4.2
57600
57800 2 MSME parks' construction near Noida gains momentum
SA/TL/K/TN/O-ICS-106 32mm 3.5 – 4.9 58700 NOIDA, AUG. 17-(PTI) Sectors 29 and 32 -- are expected years ago for setting up the invested Rs 2,345.40 crore to set
M/M(P)-ICS-107 34mm 3.0 - 3.8 92500
Construction of two micro, to create employment for almost MSME parks in Gautam Buddh up companies which will have an
K/TN-ICS-107 34mm 3.0 - 3.8 96000
small and medium enterprise 43,000 people, the officials Nagar district, to boost micro, expected 42,801 employment
U.S. Futures Daily Cotton Market (MSME) parks near Noida has said. small and medium scale opportunities," Shailendra
16 August 2021 gained momentum with 812 The parks are being industries in the state, the Bhatia, nodal officer, YEIDA
Contract Open* High Low Close * Settle Change investors buying lands at the developed by the Yamuna officials said. Investment Cell, told PTI.
OOct '21 94.98 95.00 94.58 94.58 94.85 -0.36 proposed sites to set up units at Expressway Industrial "The two MSME parks are Bhatia, also the additional
Dec '21 94.24 94.55 93.72 94.37 94.31 -0.01 a cost of Rs 2,345 crore, Uttar Development Authority coming up in YEIDA's Sectors CEO of YEIDA, added that of
Mar '22 93.00 93.51 92.54 93.29 93.26 +0.07 Pradesh government officials (YEIDA) as a model to boost the 29 and 32 where land has been the allotted 812 land plots, 760
May '22 92.10 92.89 91.81 92.65 92.58 +0.17
said on Tuesday. MSME sector, they said. allotted to 812 investors. A total are bigger than 4,000 square
Jul '22 90.51 91.47 90.29 91.26 91.12 +0.30
*Open and Close prices reflect the first and last trade in the market The proposed companies The development follows of 239.61 acres of land has been metre in area while the rest
and do not correlate to any opening or closing period in these parks -- coming up along Uttar Pradesh Chief Minister allotted. smaller than 4,000 square
Cotlook 'A' Index : 101.85 the Yamuna Expressway in Yogi Adityanath's consent three "The investors have metre.