Tue Jul 08 15:42:10 UTC 2025: Here’s a summary and a news article based on the provided text:
**Summary:**
The Federation of Indian Export Organisations held a seminar in Tiruppur, India, to educate garment exporters on government export benefit schemes. The aim was to help exporters understand and apply for these programs. Tiruppur, which accounts for a significant portion of India’s knitwear exports, is aiming for substantial growth in the coming years, projecting to reach ₹1 lakh crore in exports by 2030. Exporters are requesting revisions to drawback and RoSCTL rates to support this growth.
**News Article:**
**Tiruppur Garment Exporters Aim for ₹1 Lakh Crore by 2030, Seek Enhanced Government Support**
**Coimbatore, July 8, 2025** – The Federation of Indian Export Organisations (FIEO) convened a seminar in Tiruppur on Tuesday to guide garment exporters on availing Central government export benefit schemes. The half-day program, titled “Seminar on Exim Trade – Schemes and Incentive Under Customs and DGFT / Foreign Policy,” aimed to clarify the application process for these beneficial programs.
Tiruppur, a major hub for knitwear exports contributing approximately 68% of India’s total, has set an ambitious goal to reach ₹1 lakh crore in exports by 2030. In the fiscal year 2024-2025, the region achieved an export turnover of ₹45,000 crore, a 25% increase from the previous year.
Speaking at the seminar, K.M. Subramanian, president of the Tiruppur Exporters’ Association (TEA), highlighted that the TEA and AEPC have jointly submitted data-backed proposals to the government seeking revisions to drawback rates and RoSCTL (Rebate of State and Central Taxes and Levies) rates. These revisions are seen as crucial to supporting the industry’s targeted 15% annual growth.
“With favorable trade agreements and a rising global demand for sustainable and ethically sourced garments, the industry is confident in achieving its ambitious export target,” Subramanian stated. The exporters believe that streamlined access to government incentives and competitive rates will be vital in reaching the ₹1 lakh crore milestone by 2030.