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Garment Export Growth: Import curbs hurting Indian garment export growth | India Business News
NEW DELHI: Issues like complex procedures of DGFT and customs, import restrictions and domestic vested interests are holding up the export growth of the Indian garment sector, think tank Global Trade Research Initiative said on Sunday. At the root of the exporters’ problem is difficulty in obtaining quality raw fabric, particularly synthetic fabric, the GTRI said.
“High import duties on fabrics, intricate procedures, force exporters to meticulously account for every inch and type of fabric imported,” GTRI founder Ajay Srivastava said.Agencies
“High import duties on fabrics, intricate procedures, force exporters to meticulously account for every inch and type of fabric imported,” GTRI founder Ajay Srivastava said.Agencies
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