A better GST judgment possible once foreign trade policy is announced
Oswal Prints Private Limited has been manufacturing and exporting ethnic womenswear or indutvas since 1998. The company's offerings include all kinds of dress materials for salwar kameez, suit dupatta, chudidar and other womenswear. Ravindra Jain and Ashish Baid, Directors, Oswal Prints Private Limited share their views on the Goods and Services Tax (GST), National Textiles Policy, and also give suggestions on improving the state of the textiles industry in Surat.
Tell us briefly about the journey of your company. What was the beginning like, who are the founders, the initial seed money, and the milestones achieved?
A lot of textile traders in Surat recently protested against the GST. What are your thoughts on this? Can GST be a game-changer for the Indian textiles industry?
What are your expectations and suggestions for the National Textile Policy (NTP)?
What are the steps taken by your company to ensure a smaller carbon footprint?
What are the five drawbacks that Surat needs to work on to emerge stronger and draw global attention to its advantages as a sourcing destination?
How big is the market for ladies dress materials? At what rate is it growing?
Which are your major markets for ladies suits in India and abroad?
What is the annual production capacity of your unit?
From which regions do you face competition?
Do you plan to sell fabrics online and get into B2C?
What are the future plans at your company?
DISCLAIMER: All views and opinions expressed in this column are solely of the interviewee, and they do not reflect in any way the opinion of Fibre2Fashion.com.