Published
Dec 6, 2019
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Textile exports up post-GST: Smriti Zubin Irani

Published
Dec 6, 2019

India’s textile exports have increased by 6.2% since the introduction of the goods and services tax in July 2017, according to the Union Government’s Minister for Textiles Smriti Zubin Irani.

Textiles Minister Smriti Irani said post-GST implementation textile export rates are up


Compared to rates during the previous value added tax system, India’s textile exports have increased under the current GST system, according to Irani. However, Irani sais that India must address its duty disadvantage compared to other Asian countries for future growth, a point she had already raised in the Lok Sabha (House of the People) at the start of the month. 

“India faces competition from countries like Vietnam, Bangladesh and Sri Lanka which enjoy duty free access to key markets while India faces a duty disadvantage,” Irani said, replying to a question in the Rajya Sabha (Council of States) ET Bureau reported.

Irani also remained positive about the yarn spinning industry despite a decline in exports of cotton yarn. “There is no information regarding closure of spinning units due to decline in exports of cotton yarn,” said Irani.

The Minister for Textiles also told the Rajya Sabha that cotton yarn exports totalled 226 million kilograms from April to September this year compared to 338 million kilograms in the same time period the year before, citing data from the Directorate General of Commercial Intelligence and Statistics.

The government has focused on the textile industry and launched a number of incentives for weavers in order to increase exports as part of its wider “Make in India” campaign. The government has particularly focused on handloom textiles due to their eco-friendly and cultural credentials. 

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