Manchester of India seeks reforms
Jul '06
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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