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Over 90% of the textile and clothing industry in the MSME sector causing delays and affecting the financial capability of the units

Related Keywords: 90 % of the textile, apparel, clothing exporters, Indian Textile, Textile and Clothing industry, textile segments

The industry had seen reduction in downside and ROSL by over 5 % of FOB since the pre-GST period. Also, Indian textile and clothing exporters did not have better access in countries markets such as the European Union which countries such as Bangladesh and Vietnam had. These had an impact on the exports. Though annual apparel exports are at 17 billion $ now, the industry is confident of 20 % growth this financial year if there a level-playing field.

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