The Synthetic & Rayon Textiles Export Promotion Council

SRTEPC Awards for Outstanding Export Performance for the Year 2014-15

Ref : Pub/EAF2015/56                                                                    19th November 2015                                                                                                                                                                                              

TO MEMBERS OF THE COUNCIL

Dear Sir,

SRTEPC Awards for Outstanding Export Performance for the Year 2014-15 –
Last date for receiving applications 18th December 2015

We are glad to inform you that the Council has decided to give awards to exporters of synthetic and rayon textile items that fall under its purview in recognition of their outstanding export performance for the year 2014-15 (F.Y.).

Members who are eligible as per the Scheme which is given below are invited to submit their applications in the enclosed forms (III).  Kindly note that the application form complete in all respects should reach the Council on or before 5 p.m. on Friday 18th December 2015, for considering it as an entry for the Award.

Thanking you,

Yours faithfully,

 

V. ANIL KUMAR
EXECUTIVE DIRECTOR

Encl: Annexure III

SRTEPC EXPORT AWARD SCHEME - 2014-15

  1. General Terms  & Conditions
  1. Award
  1. Each award winner will be given a trophy and a citation.  However, companies who win Certificate of Merit will only be given a Certificate.
  1. Eligibility
  1. Only members registered with the Council under Foreign Trade Policy 2015-20 will be eligible for awards.
  1. Export Performance in items that fall under the purview of the Council only will be considered for grant for awards.
  1. Products included by the applicant in one category cannot be repeated in other categories for claiming Award; except for ‘SRTEPC Special Award’ for Overall Export Performance, ‘Merchant Exporter’, ‘Small Scale Sector’ and awards in the Categories of “Focus Africa”,  “Focus LAC” and “Focus SAARC” countries.
  1. Awards will be granted for the financial year 2014-15 (April-March)
  1. Application for awards will be considered subject to the condition that nothing adverse about the business dealings of the applicant has come to the notice of the Council and/or the Authorities.
  1. Members can apply for awards in various categories and will be eligible for more than one award.  There is no restriction on number of awards a member can receive.
  1. Application for awards has to be submitted in the proforma prescribed by the Council, duly certified by the Chartered Accountant.
  1. SEPARATE APPLICATIONS SHOULD BE SUBMITTED FOR AWARDS IN DIFFERENT CATEGORIES.
  1. Selection for awards will be made by the Sub-Committee appointed by the Committee of Administration of the Council.  The decision of the Council will be final and cannot be contested.  The Council reserves the right to re-verify the export figures submitted by the applicant.
  1. Criteria
  1. Minimum export performance to qualify for SRTEPC Special Award (For overall export performance) is Rs.75 crores.  To qualify for the Award in the “Merchant Exporters” Category, the minimum export is Rs.25 crores.  Minimum exports to qualify for ‘Certificate of Merit’ is Rs.10 crores.  The salient feature of various awards and the respective terms and conditions are given in Annexure A.
  1. If there is only one applicant in a Category; the award will be granted only if there is growth in exports of the applicant compared to the previous year.
  1. ‘Certificate of Merit’ will be given to member companies with three years of consecutive exports including the relevant year. The eligibility for ward in this case is Rs.10 crores of minimum exports.   Exporters who get awards in other categories are not eligible for Certificate of Merit.
  1. Export performance includes only those exports which have been effected in the name of the applicant.
  1. Export performance will be computed on the basis of FOB (excluding insurance, freight and commission) price in Indian rupees.
  1. Awards in various categories will be given based on ‘Best’ export performance (except for Certificate of Merit).  While deciding on ‘Best’ Export Performance due weightage will be given to value of exports and growth of exports.  This will be calculated based on the following criterion:

Export Performance + 50% of the difference in export performance on previous year.

Illustration

I

II

III

IV

V

Last year

performance

Current year

performance

Difference in

Exports

50%of

Difference in

Exports

Relative performance

(II + IV)

100

100

+ 0

+ 0

100 + 0

100

  90

-10

-  5

90-5 = 85

  90

  95

+ 5

+ 2.5

95+2.5 = 97.5

  80

  90

+10

+ 5

90 + 5 = 95

  70

  85

+15

+ 7.5

85 + 7.5 = 92.5

  60

  80

+20

+ 10

80 + 10 = 90

  50

  75

+25

+12.5

75 + 12.5 =87.5

  40

  70

+30

+ 15

70 + 15 = 85

  30

  65

+35

+ 17.5

65 + 17.5 = 82.5

  20

  60

+40

+ 20

60 + 20 = 80

  10

  55

+45

+ 22.5

55 + 22.5 = 77.5

    0

 50

+50

+ 25

50 + 25 = 75

For the purpose of calculation, the criterion works as follows :

If export growth is positive for the current year compared to the previous year:

50% of the difference is added to the export figure of the current year:

For e.g. (Exports in Rs. crores)

2013-14        2014-15          Difference      50% of Difference      Performance

260                 290                   30                       + 15                                   305

If export growth is negative for the current year compared to the previous year:

50% of the difference is deducted from the export figures of the current year:

2013-14      2014-15           Difference      50% of Difference     Performance

260                 230                  - 30                    - 15                                       215

The companies having the higher value will be eligible for Awards.

ANNEXURE A

THE SALIENT FEATURES OF THE SCHEME FOR AWARDS ARE GIVEN BELOW:

A) SPECIAL AWARDS                        NAME OF AWARDS                       CRITERIA

       SRTEPC Special Award            Gold Trophy                 Best Overall Export Performance

        SRTEPC Special Award             Silver Trophy               Second Best Overall Export Performance

        SRTEPC Special Award             Bronze Trophy            Third Best Overall Export Performance

        SRTEPC Special Award              Trophy                        Fourth Best Overall Export Performance

Terms & Conditions

  • Total value of exports of all the items that fall under the purview of the Council will be considered for these Special Awards
  • To qualify the applicant should have a minimum export performance of Rs.75 crores for the relevant financial year (2014-15).

B) MERCHANT EXPORTER      NAME OF AWARDS       CRITERIA

         All items that fall under the        Gold Trophy            Best Export Performance

         Purview of the Council              Silver Trophy           Second Best Export Performance

                                                        Bronze Trophy         Third Best Export Performance

Terms & Conditions

  • Applicant should be member of the Council registered as merchant-exporter in the membership and RCMC of the Council during the year 2014-15.
    • To qualify the applicant should have a minimum export performance of Rs.25 crores for the relevant financial year (2014-15).

C) AWARDS IN FIBRE CATEGORY    NAME OF AWARDS      CRITERIA

1.   Polyester Staple Fibre                          Gold Trophy            Best Export Performance

2.   Viscose Staple Fibre                              -   do   -                 Best Export Performance

3.   Acrylic Staple Fibre                                 -   do  -                 Best Export Performance

D) AWARDS IN YARN CATEGORY   NAME OF AWARDS       CRITERIA

1.      Continuous Yarn                              Gold Trophy             Best Export Performance

         (includes filament yarns                     

of polyester, viscose,                         Silver Trophy            Second Best Export Performance

polypropylene, acrylic, etc.)

2.      Spun Yarn                                           Gold Trophy             Best Export Performance

(includes spun yarns of        

polyester, viscose, acrylic,                    Silver Trophy           Second Best Export Performance

polypropylene,etc. and

man-made fibre blended

yarn like polyester-viscose,

viscose-polyester, and/or any

other blend of man-made fibres.)

3.      Man-made Fibre Yarn blended with             Gold Trophy       Best Export Performance

         natural fibre-yarn made out of       

   man-made fibres with cotton                          Silver Trophy      Second Best Export Performance

and/or ay other natural

   fibres or animal fibres in which

the man-made fibre content is not

less than 50%

4.     Sewing Thread/Embroidery Thread/              Gold Trophy       Best Export Performance             

        Metallic Yarn

 

E) AWARDS IN FABRICS                      NAME OF AWARDS       CRITERIA

CATEGORY

1. Synthetic & Rayon Filament Fabrics              Gold Trophy        Best Export Performance    

    (Synthetic and rayon fabrics   

     predominantly made of man-made                Silver Trophy       Second Best Export Performance

      filament yarn such as

polyester, viscose, etc)

2.  Synthetic & Rayon Spun Fabrics                  Gold Trophy         Best Export Performance           

    (Synthetic and rayon

    fabrics predominantly made of                       Silver Trophy        Second Best Export Performance

    man-made spun yarn)

3   Blended Fabrics of Synthetic Fibre                Gold Trophy         Best Export Performance           

     and Natural Fibresinclude fabrics     

     where predominance is of synthetic              Silver Trophy        Second Best Export Performance

     fibres with presence of natural fibres

     for e.g. poly-cotton, poly-wool,

     poly-silk, etc.).

VI.   AWARDS IN MADE-UPS                   NAME OF AWARDS           CRITERIA

       CATEGORY

       Fabric-based made-ups                           Gold Trophy            Best Export Performance   

       like shawls/scarves/stoles/         

       odhanies/dhoti, rumals,                           Silver Trophy           Second Best Export Performance                               dupatta, sarongs, etc, sarees

       for ready to use, blankets, etc.                 Bronze Trophy         Third Best Export Performance            

VIIMAN-MADE EMBROIDERED              NAME OF AWARD           CRITERIA

       AND VALUE-ADDED TEXTILES

       (Including fabrics, sarees                      Gold Trophy                      Best Export Performance

        and made-ups)

VIII.    SYNTHETIC TECHNICAL                         NAME OF AWARD              CRITERIA

TEXTILES

Categories

1.        Yarn-based Technical textiles                     Gold Trophy                Best Export Performance

2.        Fabric-based Technical textiles                   Gold Trophy               Best Export Performance 

            (including non-woven fabrics)

(The synthetic fibre content of technical textiles should not be less than 50% and includes items like mobitechs like seat belts, air bags, seat covers; meditechs like napkins, diapers, surgical dressing; protechs like fire retardant textiles, bullet proof jackets, parachutes, canvas, shoe uppers, umbrella cloth; indutechs likeropes, ribbons, filter fabrics, bolting cloth; normal &  high tenacity fabrics for industrial use; black out curtain fabrics, geotextiles like woven sacks; agrotechs like nets, shade fabrics; buildtechs like scaffolding nets, awnings & canopies, tarpaulins; hometechs like blinds, etc. Tyre yarn/cord/fabrics, narrow fabrics, etc.)

IX.     SMALL SCALE SECTOR              NAME OF AWARDS         CRITERIA

        All those items that fall under          Gold Trophy           Best Export Performance

        the purview of the Council                Silver Trophy         Second Best Export Performance

                                                              Bronze Trophy      Third Best Export Performance

Terms & Conditions

  • Certificate issued by the Competent Authority as proof of SSI is to be submitted
  • Applicant should be a member of the Council registered as a manufacturer/exporter under SSI category during the year 2014-15
  • Applicant should submit self declaration that the products indicated in the application were manufactured in their own SSI unit only.

X.      EXPORTS TO “FOCUS LAC”        NAME OF AWARDS         CRITERIA

          COUNTRIES

Categories

1.        Fibre/yarn                                Gold Trophy                Best Export Performance

2.        Fabrics/made-ups                      Gold Trophy                Best Export Performance

(Only Exports to the following markets will be considered for this award: Argentina, Brazil, Chile, Mexico, Paraguay, Uruguay, Venezuela, Bolivia, Colombia, Ecuador, Peru, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Barbados, Belize, Guyana, Jamaica, Trinidad & Tobago, Antigua, Dominica, Grenada, Montserrat, St. Kitts-Nevis-Anguilla, St. Lucia, St. Vincent, Bahamas, Bermuda, British Virgin Islands, Cayman Islands, Cuba, Dominican Republic, Falkland Islands, French Guiana, Guadeloupe, Haiti, Martinique, Netherlands Antilles, Panama, Suriname, US Virgin Islands, Turks and Caicos Islands)

XI.      EXPORTS TO “ FOCUS AFRICA”                  NAME OF AWARDS          CRITERIA  

           COUNTRIES

            Categories

  1. Fibre/yarn                                                      Gold Trophy                 Best Export Performance
  1. Fabrics/made-ups                                           Gold Trophy                 Best Export Performance

(Only Exports to the following markets will be considered for this Award: Angola, Botswana, Lesotho, Mozambique, Namibia, South Africa, Swaziland, Zambia, Zimbabwe, Benin, Burkina Faso, Cameroon, Canary Islands, Cape Verde Is, Congo P. Rep. Equatorial Guinea, Gabon, Gambia, Ghana, Guinea, Guinea Bissau, Cote D’ivoire, Liberia, Mali, Mauritania, Niger, Nigeria, Sao Tome, Senegal, Sierra Leone, St. Helena, Togo, Burundi, Central Africa. Rep, Chad, Malawi, Rwanda, Uganda, Congo D. Rep. Comoros, Djibouti, Ethiopia, Kenya, Madagascar, Mauritius, Reunion, Seychelles, Somalia, Tanzania Rep., Egypt, Algeria, Morocco, Tunisia, Sudan, Libya).

L) EXPORTS TO “FOCUS SAARC”           NAME OF AWARDS           CRITERIA

     COUNTRIES

Categories

  1. Fibre/yarn                                                                Gold Trophy              Best Export Performance
  1. Fabrics/made-ups                                                     Gold Trophy              Best Export Performance

(Only Exports to the following markets will be considered for this Award: Afghanistan, Bangladesh, Bhutan, Maldives, Nepal, Pakistan & Sri Lanka)

 

M) CERTIFICATE OF MERIT                  Certificate

Terms & Conditions

  • Company should have exports for three consecutive years including the relevant year.
  • Growth in value of exports of 100% or more compared to the previous year.
  • Minimum exports of Rs. 10 crores for the year. 
  • Applicants who get awards in other categories are not eligible to receive Certificate of Merit.

HOW TO APPLY

If you are eligible to receive award/s on the basis of your export performance for the year 2014-15 and fulfill the other terms and conditions mentioned above, you may submit your application in the prescribed proforma and attached herewith at Annexure III duly signed by a Chartered Accountant.