TEXPROCIL, Chairman: Urges government to remove Customs duty on raw cotton
25 March 2022, Mumbai:
Manoj Patodia, Chairman, The Cotton Textiles Export Promotion Council (TEXPROCIL), urged the government to remove Customs duty on raw cotton and include Made ups in the scheme for duty-free imports of specified items that have been introduced in the Union Budget 2022 for textile garments which will lead to significant growth in exports of Made-ups.
Patodia said, India’s exports of cotton textile products such as made-ups ((including home textiles), fabrics, and yarns reached $13.95 billion from April 2021 to February 2022, surpassing the Government's target of $ 12.50 billion.
_large.jpeg)
ALSO READ China loses 2nd biggest export market tag for "Indian Cotton Yarn"
Exports of Cotton textiles have exceeded the target by 102 percent in 11 months itself .
RELATED NEWS Texprocil, EFSI, SIMA organize joint seminar on child labor
The extension of the RoSCTL scheme for Made-ups and Garments for three years till March 31, 2024, and covering of the entire value chain of textile products under the RODTEP scheme, helped make the sector make competitive, he added,
Join our community on Linkedin
