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Manchester of India seeks reforms

29
Jul '06
Some relief in taxes and changes in policy could bring back the glory of Manchester of India “Ahmedabad”, says Gujarat Garment Manufacturers Association (GGMA) president, Sunil Gandhi.

Gandhi said that even though the growth of garment industry was moving at a good pace, few policy and tax reforms including Value Added Tax (VAT) and octroi could do wonders for the industry.

He also appealed to Government to create a garment park in Ahmedabad within the limit of Ahmedabad Municipal Corporation (AMC) so as to avoid the octroi, a tax applied to goods coming from outside the city.

Garment industry's turnover is projected at Rs300-400 crore ranking fourth in the country.

Almost 80 percent of cotton shirts and garments produced in India are made in Gujarat and mainly from Ahmedabad and nearby areas.


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