Home / Knowledge / News / Textiles / Give thrust to Indian textile sector in FTA's: Trade bodies
Give thrust to Indian textile sector in FTA's: Trade bodies
05
Jan '15
Various South India based textile and apparel associations have appealed to the government to give a thrust to the textile and garment sector in the proposed trade agreements with various countries.

The associations suggested that the union government should give a thrust to textile and clothing sector in the proposed trade agreements with Russia and the European Union.

This and other demands were made in presentations made to minister of commerce, Nirmala Sitharaman by various textile trade bodies.

According to the presentations, Brazil imported apparels totaling to $2.5 billion in 2013-2014, of which just $142 million was from India.

They urged the minister to include textile items under the existing India-Mercosr preferential trade agreement.

They were also of the opinion that India should conclude the free trade agreement with the European Union, since Indian exporters were at a disadvantage vis-à-vis Pakistan & Bangladesh who had zero duty access.

Since duty free import of garments is permitted in India from Bangladesh, they said norms should be altered, demanding use of yarn and fabric of Indian origin as a pre-condition to allow duty free imports from Bangladesh.

According to these trade bodies, excise duty on manmade fibres, but none on cotton, high energy costs and too many regulations, were factors slowing down India’s textile industry.

“This was the reason why, smaller countries like Vietnam and Bangladesh, which despite not having a raw material base had overtaken India in global apparel exports,” they echoed.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 12th Jun 2021

G20 GDP returns to pre-pandemic level in Q1 2021: OECD

Gross domestic product (GDP) of the Group of 20 (G20) area returned...

Pic: Stock for you / Shutterstock.com

Apparel/Garments | On 12th Jun 2021

Prime Content| Japan's clothing imports fall 13.2% in 2020-21

Japan’s imports of clothing and accessories declined by 13.2 per cent ...

Pic: Shutterstock

Textiles | On 12th Jun 2021

Setting right targets for issues key to building biodiversity strategy

Setting the right targets for issues in play in locations, i.e.,...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Tech in fashion industry has hit acceleration button

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchains will be in heavy use by early adopters by 2025

Textile Industry, Head honchos

Textile Industry
Head honchos

Wearables have very limited reach

Alberto Gotti,

Alberto Gotti

Danitech was born from the will of a group of technicians to offer the...

David Guiho,

David Guiho

Headquartered in Apt, South of France, Delta Plus designs, manufactures...

Ritu Oberoi,

Ritu Oberoi

Mumbai-based Forsarees is a socially driven business enterprise, working...

Karan Bose, Hula Global

Karan Bose
Hula Global

Hula Global, a leading isolation gown manufacturer in India, has been...

Andreas Lukas, Andritz Nonwoven

Andreas Lukas
Andritz Nonwoven

With forces in engineering and process development, Andritz Nonwoven...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Sarah Denise Cordery, Sarah Denise Studio

Sarah Denise Cordery
Sarah Denise Studio

Manchester, England-based Sarah Denise Studio provides relevant fashion...

Seema Agrawal, Artisan Saga

Seema Agrawal
Artisan Saga

Artisan Saga, founded by Kaushik Rajani and Seema Agrawal, is an online...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

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


June 2021

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


Advanced Search