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Hans India
21-07-2025
- Business
- Hans India
Task Force suggestions to boost MSMEs lauded
Vijayawada: Andhra Pradesh Chambers of Commerce and Industry Federation (AP Chambers) commended the suggestions given by the 'Task Force on Economic Development for Swarna Andhra Pradesh @2047.' President of Chambers Potluri Bhaskara Rao and general secretary B Rajasekhar in a statement here on Sunday stated that the Chambers, for the past few years, has been supporting and promoting the most potential sectors that were now identified by the Task Force. They recalled that the Chambers submitted similar policy inputs from time-to-time to the government such as the development of sector-specific clusters across the State, development of IT/AI hub in Amaravati, industrial parks with plug and play facilities, electronics clusters, food processing parks and clusters, common facilities in existing food processing parks among others. The MSME sector has been going through many issues for the past 6 to 7 years on account of the COVID pandemic, economic slowdown, and global uncertainties. Many units belonging to the sub-sectors such as textiles, food processing, ferro alloys, foundries, granites and others are either sick or on the verge of bankruptcy. They are facing various challenges such as rising production costs on account of high fuel, power, and logistics costs. They recommended to the government to provide financial support to MSMEs during natural calamities through insurance policies as adopted by Tamil Nadu. Such policies can help mitigate the impact of events like floods, earthquakes, or storms, ensuring business continuity and financial stability. They also requested the State government to support the MSME sector by releasing the long-pending incentives to MSMEs and also ensure timely release of incentives in future.
New Indian Express
12-07-2025
- Business
- New Indian Express
AP Chambers urges CM Chandrababu Naidu to halt raw human hair exports, flags threat to domestic industry
VIJAYAWADA: The Andhra Pradesh Chambers of Commerce and Industry Federation (AP Chambers) has submitted a representation to Chief Minister N Chandrababu Naidu urging his intervention to halt the export of raw human hair (HS Code 05010010), especially Non-Remy (Comb Waste/Goli/Chutti) hair, to safeguard the domestic human hair industry. 'In the last 10 years, China has started reducing imports by smuggling Non-Remy (Comb Waste Hair) through Myanmar, Bangladesh, and Nepal, where it is processed with child labour and again smuggled into China to avoid duties,' the AP Chambers explained. Despite a ban in March 2022 by the Directorate General of Foreign Trade (DGFT), exports resumed shortly after, including by previously blacklisted traders. Non-Remy Hair forms 85% of total exports, and only 15 per cent of hair is Remy Hair, sourced from temples, which is sold either directly or through auction by temples. The AP Chambers pointed out that the Indian human hair extension and wig industry, currently valued at Rs 8,000 crore, has the potential to grow to Rs 30,000 crore in the next decade. The industry, which has a major presence in Madepalli and Eluru, provides employment to over 10 lakh women across rural India.
The Hindu
12-07-2025
- Business
- The Hindu
AP Chambers seeks curbs on raw human hair exports to China
The Andhra Pradesh Chambers of Commerce and Industry Federation (AP Chambers) sought Chief Minister N. Chandrababu Naidu's intervention for stopping the export of raw human hair, especially non-remy (comb waste/ Goli/Chutti) hair, to mainly China, and some other countries in order to safeguard the domestic human hair industry. In a representation to the Chief Minister on July 11, AP Chambers president Potluri Bhaskar Rao stated that the demand for non - remy hair had gone up exponentially in the last two decades. The Chinese were buying huge quantities till 2012-13 from Indian exporters but in the last 10 years, they started reducing legal imports by smuggling non-remy (comb waste hair) through Myanmar, Bangladesh, and Nepal, where it is processed with child labour and again smuggled to China to avoid duties. Despite an earlier ban imposed in March 2022 by the Director General of Foreign Trade, exports continued, including by the previously blacklisted traders. Non-remy hair forms 85% of total exports and only 15% of hair is remy hair, which is sourced from temples and sold in auction/direct sales by them. Mr. Bhaskar Rao pointed out that the Indian human hair extension and wig industry, currently valued at approximately ₹8,000 crore, has the potential to grow to ₹30,000 crore over the next decade. The industry, which has a major presence in Eluru and Madepalli in Eluru district, provides employment to over 10 lakh women. Following are the suggestions made by the AP Chambers: to strictly prohibit the export of raw human hair (having ITC (HS) Code 05010010) to make it available for Indian hair processors for value-addition, not to let remy type hair from temples sold to China or Chinese agents, restrict temple hair auctions to registered manufacturers / exporters and not to illegal traders. Also, the AP Chambers stated that a dedicated research chair for human hair be set up at IIT Chennai to foster R&D, duties on human hair imported by countries with which India has bilateral agreements should be reduced, and incentives/subsidies must be given to those exporting hair to African countries as they are biggest consumers of hair and wigs as the move would help boost the hair exports to those countries. The hair industry is a unique one that transforms waste into valuable foreign exchange while empowering lakhs of women through rural employment, Mr. Rao said, adding that the CM should take up the matter with the Union Ministry of Commerce & Industry to ensure the sustainability and growth of the human hair industry in Andhra Padesh.
Hans India
13-05-2025
- Business
- Hans India
AP Chambers urges govt to repeal NALA Act
Vijayawada: Andhra Pradesh Chambers of Commerce and Industry Federation (AP Chambers) in a letter to Chief Minister Nara Chandrababu Naidu urged to repeal the AP Agricultural Land (Conversion for Non-Agricultural Purpose) Act 2006 also known as NALA Act immediately. The State government has announced in March 2025 that the Act will be abolished soon. In the letter, AP Chambers president Potluri Bhaskara Rao mentioned, 'We thank the State government for announcing that the AP Agricultural Land (Conversion for Non-Agricultural Purpose) Act 2006 will be abolished soon. Since the announcement with regard to the repeal of this Act was made by the Chief Minister on March 27, 2025, entrepreneurs have been eagerly waiting for the abolishment of the Act.' He recalled that it has been a long-pending demand of the citizens and business enterprises to abolish the Act. On account of this Act, there was redundancy in the regulation process, causing unnecessary delays in the conversion of land from agricultural to other purposes. This has been a major hurdle in the Ease of Doing Business (EoDB) in the state. Abolishment of this Act will further simplify the EoDB. Because of the excellent industrial and other policies introduced by the State government, the economic activity has picked up and there is a lot of enthusiasm from entrepreneurs to set up industries in the state. The Real Estate sector has also picked up momentum. The elimination of NALA Act will help speed up the grounding of many investments, thereby boosting the economy of Andhra Pradesh. He said that the State government will earn more income with the grounding of innumerable projects across the State. He requested the State government to abolish this Act immediately and stated that it will be hugely beneficial to entrepreneurs looking to set up new businesse.
Time of India
12-05-2025
- Business
- Time of India
AP govt urged to repeal Agricultural Land Act, 2006
1 2 Vijayawada: The Andhra Pradesh Chambers of Commerce and Industry Federation (AP Chambers) urged state govt to immediately repeal the AP Agricultural Land (Conversion for Non Agricultural Purpose ) Act 2006, stating that it will be immensely beneficial to entrepreneurs looking to set up new businesses in the state. This March, the State had announced that the Act will be abolished soon. In a letter addressed to chief minister N Chandrababu Naidu on Monday, Chambers president Potluri Bhaskar Rao thanked govt for announcing the Act would be abolished soon. "It has been a long-pending demand of the citizens and business enterprises to abolish the Act," Bhaskar Rao
