TIRUPUR: The Tirupur Exporters’ Association has hailed leader minister Edappadi K Palaniswami for writing a letter to Union minister of commerce Suresh Prabhu regarding the adverse expansion witnessed in Tirupur knitwear cluster.
In the letter dated June 28, the CM highlighted the advantages, together with generalised scheme of preferences (GSP) plus by European Union and accountability loose get admission to to the United States, enjoyed by other international locations akin to Bangladesh, Vietnam, Sri Lanka and Cambodia. Similarly, customized accountability levied in India for importing yarn is not imposed in the ones international locations.
He additionally mentioned concerning the central government slashed rates of rebate on state levies (RoSL) and accountability problem given to the textile exporters.
“All such components have ended in a ‘value competitive downside of around 10% for Indian apparel exports compared to our competing countries,” he added.
The CM had written a similar letter to Prime Minister Narendra Modi on May 22.
In the letter dated June 28, the CM highlighted the advantages, together with generalised scheme of preferences (GSP) plus by European Union and accountability loose get admission to to the United States, enjoyed by other international locations akin to Bangladesh, Vietnam, Sri Lanka and Cambodia. Similarly, customized accountability levied in India for importing yarn is not imposed in the ones international locations.
He additionally mentioned concerning the central government slashed rates of rebate on state levies (RoSL) and accountability problem given to the textile exporters.
“All such components have ended in a ‘value competitive downside of around 10% for Indian apparel exports compared to our competing countries,” he added.
The CM had written a similar letter to Prime Minister Narendra Modi on May 22.
TEA hails CM Edappadi K Palaniswami for writing letter to Suresh Prabhu
Reviewed by Kailash
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June 30, 2018
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