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Textile industry insist on scraping hank yarn obligation

Related Keywords: dutry structure, increase TUF, MMF textile market, relaxation in cabotage laow, Streesed on rationalizing MMF, tap solar opportunity, Texpreneurs Forum, total dispensation of hank yarn obligation

Texpreneurs Forum,, Secretary D Prabhu stressed the need for rationalizing the MMF (man made fibre) duty structure, total dispensation of hank yarn obligation rule, relaxation in Cabotage law, encouraging spinning mills to tap the solar opportunity and increasing TUF (Technology Upgradation Fund) allocation among others.

With a “little bit of hand-holding and interventions on the part of the government can reignite the investment sentiments and propel growth momentum to a different level.

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