Home / Knowledge / News / Apparel/Garments / Apparel sector demands 30% penal duty on yarn exports
Apparel sector demands 30% penal duty on yarn exports
19
May '10
The value-added textile sector, is not happy with the government proposal to impose 15 percent regulatory duty on exports of yarn from the country, has instead demanded imposing 30 percent regulatory duty.

A former Chairman of the Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA), Bilal Mulla, demanded imposition of 30 percent regulatory duty on yarn exports for six months.

He said, “Imposing duty is a step in the right direction, but, is still not enough to ensure proper availability of yarn for domestic sector. The decision should have been taken earlier, due to which the spinning sector made profits at a cost to the nation.”

He added by saying that, the valued added sector generates employment opportunities for 18 million people from all sections of the workforce and earns huge foreign exchange, while other industries are not in a position to provide such huge employment capabilities.

He informed that, the government stands to lose only $2 per kg by imposing restrictions on yarn exports, but on the other hand, value addition by the textile sector helps generate $12 per kg.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Apr 2017

Greater Manchester is high on its textiles industry

Greater Manchester is witnessing a boom in textiles industry with 77...

Apparel/Garments | On 25th Apr 2017

Indian trade leaders to discuss GST, digital payments

Trade leaders from various Indian states will meet in New Delhi to...

Apparel/Garments | On 25th Apr 2017

Foreign buyers paying less for green factory apparel

International buyers are not paying enough for apparel and garments...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search