Related Keywords: decision to reduce, duty drawback, from 7.6 to two percent, garment units fell under the MSME category, Government urged to reconsider, hit hard garment sector in neighbouring, knitwear export sector, Tirupur export garment sector, Tirupur Exporters Association
The government urged to reconsider the decision to reduce the duty drawback to knitwear export sector from 7.6 to two percent as it would hit hard the garment sector in neighbouring Tirupur export garment sector said , Tirupur Exporters Association president Raja M Shanmugham.
It has come as a rude shock to exporters, who are already facing severe competition in the global market, he said and appealed to the government to have a re-look at the issue.
