Related Keywords: competing nations, getting larger benefits, Indian textile industry, interest subvention for all textile products, open window market access, reduce the central excise duty, remove central excise duty on shuttleless looms, remove duty on Indian cotton yarn, remove import duties, SIMA, to enhance exports, want low tariffs or duty free access
The Indian textile industry has started facing problem as competing nations like Pakistan, Vietnam, Cambodia, South Korea, Bangladesh started getting larger benefits and open window market access. Textile industry to enhance its exports wants low tariffs or duty free access.
C K Narayanasaami, Chairman, SIMA Cotton Development & Research Association and K Selvaraju, Secretary General, Southern India Mills' Association (SIMA) met the Commerce minister Nirmala Sitharaman during her visit to Coimbatore and handed over a 10 point memorandum with the industry's demands.
