Related Keywords: FICCI, garment and carpet industry, garment industry, import of garment, MMF yarn-based fabric, raw material and fabrics, substantial drop in import duty, Textile Industry, textiles and garments, textiles and handicraft industry
Mr. Jaipuria expressed that garment and carpet industry was under immense pressure after implementation of GST. After GST, substantial drop in import duty was observed which has encouraged cheaper imports. It is also worth noting that total imports of textiles and garments increased in 2017-18 (USD 7 billion) by 16% in comparison to 2016-17 (USD 6 billion).
