Powerloom Development and Export Promotion Council (PDEXCIL): Seek export incentives
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19 January 2022, Mumbai:
With yarn prices continuously staying firm as a rough estimate by almost 70%, coupled with consistently rising cotton prices and high global export demand tailwind, also the semblance is local manufacturers of textiles and apparel (T&A) are losing their competitiveness fast to our competitor nations like Bangladesh and China, etc.
In order to ensuring that the domestic fabric and apparel manufacturers stay competitive and afloat, members of the Powerloom Development and Export Promotion Council (PDEXCIL) have urged seeking special export incentives for fabric and apparel makers back home at this juncture.
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