Business Standard

Tuesday, December 24, 2024 | 03:15 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Govt considering textile duty structure rejig in Union Budget: Report

The industry says a slowdown in exports of cotton yarn due to weakening global demand has tied their hands

cotton yarn, cotton, textile, clothes
Premium

BS Web Team New Delhi
The $200-billion Indian apparel and textile industry is likely to get relief via a rejig in duty structure in the next Union Budget, according to a report in Live Mint. The report cited a senior government official saying that the textile duty adjustments will help make Indian sellers competitive in the Western markets.
 

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in