Government Engages in Advanced Consultations Regarding Industrys Request to Remove Cotton Import Duty, Says Official

A delegation consisting of representatives from the apparel industry and exporters recently met with Vice President C.P. Radhakrishnan, along with several Union Ministers, to discuss the current import duties affecting the sector.

During the meeting, attendees expressed their concerns over the financial strain these duties impose on the industry, which is crucial for the country’s economy. The delegation requested the government to consider removing or reducing these duties to enhance competitiveness and boost exports.

The apparel industry is a significant contributor to Indias economy, providing millions of jobs and generating substantial revenue. Trade groups have argued that high import duties could hinder growth and innovation within the sector. The outcome of this meeting may influence future policy decisions regarding the apparel industry and its business environment in India.

Share
Close
Please support the site
By clicking any of these buttons you help our site to get better