Related Keywords: cotton and cotton yarn exporters, cotton yarn exports, cumbersome clerical work, Southern India Mills Association, transaction cost
Southern India Mills Association (SIMA) welcomed the government’s decision of bringing cotton yarn exports, a manufactured goods under free list by removing the mandatory registration.
T Rajkumar, Chairman, SIMA, said that the mandatory registration had been causing hardships for the cotton and cotton yarn exporters, besides affecting the image of the Nation in the global market .
The industry has been suffering during the last four years due to unwanted procedures and transaction cost.
