Home / Knowledge / News / Textiles / High tariffs on Indian exports to EU, UK hit export performance: Govt

High tariffs on Indian exports to EU, UK hit export performance: Govt

30
Jul '21
Pic: Shutterstock
Pic: Shutterstock
High tariffs faced by Indian exporters in the European Union (EU) and the United Kingdom compared to zero duty access offered by these countries to nations like Bangladesh and Cambodia are affecting the country’s export performance, according to minister of state for textiles Darshana Jardosh, who informed parliament lower house (Lok Sabha) today that the textile industry has been hugely affected by the pandemic.

India's textiles exports in 2020 stood at $29.61 billion, while the shipments of Bangladesh, Vietnam and Cambodia in that year were aggregated at $37.95 billion, $37.10 billion and $7.77 billion respectively.

In a separate reply, she said textiles exports to China have increased to $1.56 billion in 2020-21 as against $1.13 billion in 2019-20.

Jardosh said during cotton season 2020-21 (up to July 23, 2021), the Cotton Corporation of India (CCI) has procured seed cotton equivalent to around 91.893 lakh bales under minimum support price operations.

In another reply, the minister said due to pandemic and lockdowns, production activities in all National Textile Corporation Limited (NTC) mill units were put on hold from March 25, 2020. NTC restored operation of 14 mill units from January 2021.

However, the second wave again led to closure of all NTC mill operations in April 2021 and NTC has restored operations in some of its mills in July based on raw material availability, she was quoted as saying in an official press release.

Fibre2Fashion News Desk (DS)


Must ReadView All

Vietnamese side of the border crossing with Hekou, China. Pic:  Klodien | Dreamstime.com

Textiles | On 27th Nov 2021

Efforts on to boost trade between Chinese & Vietnamese provinces

Trade agencies of Lao Cai province in the northwest region of Vietnam ...

Pic: Shaja | Dreamstime.com

Textiles | On 27th Nov 2021

US’ imports of polyester textured yarn to drop in coming months

The US’ imports of polyester textured yarn of HS code 540233 are...

Pic: Tatiyana Akimova | Dreamstime.com

Textiles | On 27th Nov 2021

Sri Lanka’s textile & garment exports on path to cross $5bn this year

After registering a steep fall of 21 per cent year-on-year to $4.423...

Interviews View All

Textile Industry, Head Honchos

Textile Industry
Head Honchos

Increase foreign exchange and create jobs

Textile Industry, Head honchos

Textile Industry
Head honchos

Extension of RoSCTL to boost textile exports

Textile Industry, Head honchos

Textile Industry
Head honchos

Multi-functional garments will be next big thing

Chini Chouhan,

Chini Chouhan

Founded by Chini Chouhan, her eponymous brand specialises in women's...

Raiyan Islam,

Raiyan Islam

Founded in 1981 by Sayeeful Islam, Concorde Garments Group is a market...

Sanjay Vakharia,

Sanjay Vakharia

One of the first few Indian denim brands, Spykar, established in 1992, was ...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Shaan Sethi, Jaanuu

Shaan Sethi
Jaanuu

Jaanuu, a vertically integrated e-commerce company, has reimagined the...

Seth Casden, Hologenix

Seth Casden
Hologenix

Hologenix is a material sciences company dedicated to developing products...

Abhishek Agarwal, Purple Style Labs

Abhishek Agarwal
Purple Style Labs

Late Indian fashion designer Wendell Rodricks, is known for his...

Gavin Miguel, Label Gavin Miguel

Gavin Miguel
Label Gavin Miguel

Acclaimed fashion designer <b>Gavin Migue</b>l is known for his couture...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

<b>Ruma Devi i</b>s a jet-setting promoter of artisans who has empowered...

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

Leave your Comments


November 2021

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


Advanced Search