The Tiruppur Exporters’ Association (TEA) has urged Indian minister Suresh Prabhu to initiate steps and offer incentives to the readymade garments sector till free trade agreements (FTAs) are signed with with US, EU.
U.S. businesses and diplomats are pressing India to cut tariffs, sources said, after New Delhi’s move to increase customs duties to help its flagship Make-in-India drive aggravated differences over trade.
While export prospects of khadi are assured with the world preferring eco-friendly products, the share of khadi is very low in the textile sector in India, says minister of commerce and industry Suresh Prabhu.
Indian textiles minister Smriti Irani recently urged the apparel industry to provide the commerce ministry with market intelligence and port-wise details of dumping to fight anti-dumping in line with WTO norms.
India has submitted a formal document opposing any negotiations on e-commerce at the World Trade Organisation (WTO), saying it would “continue the work under the Work Programme on electronic commerce."