The Handloom Export Promotion Council, enrolled under the Companies Act, was established by the Government of India as the nodal organization for export advancement endeavours connected with the cotton handloom materials.
The Handloom Export Promotion Council gives a wide scope of administrations like:
- Scattering of exchange data and knowledge
- Exposure abroad for Indian handloom items
- Managing trade grievances relating to handloom exports
- Contact with the Government of India on all procedural and strategy matters applicable to the handloom export exchange
- Working with item expansion and variation to meet current market requirements
- Arrangement of pattern inputs to promote the export of handloom items.
- Association of business missions/purchaser vender meets and support in International export trade
- Consultancy and direction administrations for handloom exporters
- Contact with the business organizations abroad for an increase of handloom exports
- Giving force to the modernization of handlooms for the product market
Benefits of HEPC Membership
The benefits of registering with the Handloom Export Promotion Council:
Promoting Support under MAI plan and NHDP scheme
The HEPC associate can contribute in worldwide fairs and overturn a Buyer Seller Meet in India and Trade appointments. The Council will subsidize fair cooperation and travel award under different Ministry of Textiles and Ministry of Commerce and Industry plans. It is directing exclusive International events for India Handloom Brand (IHB) holders, and it is connecting with Manufacturers and Exporters.
Duty-free import privilege of indicated trimmings and embellishments:
Duty-free import of indicated trimmings, embellishments at 5% of FOB (Free On Board) worth of Handloom made-up, handloom pieces of clothing, traded and acknowledged during the preceding fiscal year.
Stock Exports from India Scheme (MEIS)
Exports of handloom textures bearing advised ITC HS codes are qualified for 7% of duty credit scrip. The handloom items traded through courier or foreign post office utilizing the e-commerce platform meet all an advantage under MEIS. Interest Equivalization scheme at 3% on pre and post-shipment rupee credit for a considerable time or Handloom Manufactures
Supports accessible from Micro, Small and Medium Enterprises (MSME)
The enrolled exporter can benefit the business loans up to 1 crore inside 59 minutes through an online portal. The Council is offering an interest of 2% for all GST enlisted MSMEs on new or incremental loans.
Exchange Policy Support
The Council coordinates an awareness course and gives the import certification for your development. The HEPC addresses the export issues with the Ministry or Embassies to immediately solve the issues.
Bottom line
Handloom Export Promotion Council boosts the handloom sectors by promoting products like fabrics, cover floorings, home furnishing and carpets. It also provides training and workshops for handloom exporters to improve quality productivity. It will also concentrate on popularizing product technologies, modern dyeing activities, merchandising practices, packaging process, and many more.
