Related Keywords: cotton yarn, export products, export promotion, global market, Indian apparel sector, Lycra, revised duty drawback rate, Texprocil, Textile exporters
The government has notified new duty drawback rates which will boost the overall perception of Indian apparel sector and raise competitiveness in the global market. A separate entry has been created to distinguish certain export products such as cotton yarn of less than 50 counts or 50 or more counts; core spun cotton yarn containing three per cent or more of lycra /spandex/elastane, cotton blankets and flame-retardant fabrics based on their increasing international demand.
