Home / Knowledge / News / Apparel/Garments / Apparel sector stands strong despite removal of GSP+
Apparel sector stands strong despite removal of GSP+
28
Aug '10
A senior government official said that, none of the factories in the country had to be shut down, due to EU withdrawing the General System of Preference Plus (GSP+) facility and neither has the same resulted in retrenchment of workers in any of the factories.

This is also evidenced from the fact that, over 7,400 vacancies still exist in the garment factories approved by the Board of Investment, he said. However, he did accept that some of the factories are being shut, but this is not because of withdrawal of the GSP+ facility, but for other reasons like rising wages, strict labour laws and management clashes, he added.

The official contradicted that, withdrawal of the GSP + facility has led several garment and apparel industries to shut down and stated that, just a couple of such adverse reports are blemishing the country's image.

He said that, the government is not going surrender to any of the conditions imposed by the EU to smear the country's image at any point. He also divulged that, over 70 percent of the domestically manufactured apparel products are being exported to USA.

According to him, the Government would continue negotiating with the EU to reclaim the withdrawn facility, and also would work towards betterment of the quality of the domestic garment and apparel products so as to capture the global market, including EU.


Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Feb 2017

Bangladesh exporters want duty-free access to US, Brazil

Garment and apparel exporters of Bangladesh are seeking duty-free...

Textiles | On 22nd Feb 2017

India to produce 341 lakh bales cotton in 2016-17: CAI

The Cotton Association of India (CAI) has maintained in its January...

Textiles | On 22nd Feb 2017

'India to be self-sufficient in silk production by 2020'

Indian could be self-sufficient in silk production by the year 2020...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Giorgio Mantovani
Corman S.p.A

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

Yash P. Kotak
Bombay Hemp Company

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search