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Government gets encouragement from Textiles body for duty free access to China

Related Keywords: CITI, cotton textiles, cotton yarn, duty-free access to the Chinese market, fabric and made-ups, textile and apparel products, textile industry body, yarn

Sanjay Jain, chairman, CITI, said in a letter written to the government recently that, "However, the trend has been reversed constantly since then and India is losing business to nations like Vietnam, Indonesia, Pakistan and Cambodia, who enjoy duty-free access to the Chinese market." He educated that Indian products carry 3.5 per cent, 10 per cent and 14 per cent duty on yarn, fabric and made-ups, respectively.

Govt. initiatives propel Indian textile industry in home textile

Related Keywords: global home textile market, global technical textile market, India can outperform China in the coming years, Indian Texpreneurs Federation, special package to Made-ups sector, textile industry body, textile manufacturing sector, upward trend

Indian Texpreneurs Federation (ITF), a textile industry body in the region has estimated the size of global home textile market to be of 96 Billion USD. It has chance to likely follow an upward trend as the global technical textile market is expected to reach US$ 193 billion in revenues in 2020.

In fact, India can outperform China in the coming years with a support measure extended by the Centre . It is a special package to Made-ups sector.

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