Wait...
  1. Home >
  2. Export Import News >
  3. Export News >
  4. Textile exports up 6.3% post-GST

Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

Textile exports up 6.3% post-GST


Date: 06-12-2019
Subject: Textile exports up 6.3% post-GST
NEW DELHI: Textiles minister Smriti Zubin Irani on Thursday told Parliament said textile exports have increased 6.2% post-Goods and Services Tax (GST) as compared with corresponding period pre-GST.

“India faces competition from countries like Vietnam, Bangladesh and Sri Lanka which enjoy duty free access to key markets while India faces a duty disadvantage,” she said in reply to a question in Rajya Sabha.

Besides, Bangladesh and Vietnam have the benefit of scale in apparel manufacturing and a large and productive labour force.

In a separate reply to a question on decline in export of cotton yarn, she said: “There is no information regarding closure of spinning units due to decline in exports of cotton yarn”.

Citing data from Directorate General of Commercial Intelligence and Statistics, she said cotton yarn exports from India is reported at 226 million kg during April-September 2019 as compared with 338 million kg during April-September 2018.

Source: economictimes.indiatimes.com

Infodrive India Pvt Ltd

Delhi :
  E-2, 3rd Floor Kalkaji Main Road
      New Delhi 110019
   011 - 40703001

Kolkata :
  5th Floor Stesalit Towers,
      E-2-3, EP & GP Block,

      Sector-V, Salt Lake City,
      Kolkata-700 091
   033 - 71177191

INFODRIVE INDIA Copyright © 1996-2020 InfodriveIndia. All Rights Reserved.
Please read our Terms of Use and Privacy Policy before you use.

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+