India'S Textile Industry Needs The Help Of The Government.
In the interest of rising input costs and shortage of cotton supply, India's textile industry calls for immediate and important measures, including the abolition of import duties on cotton and the prohibition of export of cotton, to prevent the collapse of the textile and garment sector. In the past few months, there has been a lot of work reduction in India's textile and clothing supply.
After meeting with federal ministers of finance, commerce and textiles, representatives of the India textile industry have sought to interfere with Prime Minister Mohan Singer, asking Prime Minister Singer to announce relief policies for the textile industry to prevent job cuts and unit closures.
Patodia, chairman of the India Textile Industry Federation, said that the textile industry has been severely hit by the shortage of cotton and the increase in input costs. 350 thousand people have lost their jobs this year, due to the decline in exports and high input costs.
Patodia said that because of the speculative operation of international traders, cotton has been sold from the market, and cotton prices in India have increased by 35-40% in the past year.
Tamil Nader in the south.
100 thousand workers were unemployed in provinces, Karnataka and Kerala.
He asked the prime minister to cancel import duties on cotton, ban all cotton exports and provide cheap deduction.
At the same time, periodic assessment of the cotton demand mechanism in India's textile industry needs to be developed, and only when there is surplus can cotton exports be allowed.
- Related reading
- Fashion shoes | Add New Members To The Theme Of The Festival. Nike Cortez New Color Will Be On Sale Next Tuesday!
- Market trend | China Light Textile City: After The National Day Holiday, The Turnover Is Picking Up.
- Instant news | China Textile City Benchmarking "World Textile Capital" Comprehensively Deepen Opening Up
- Fashion character | Singapore Designer Brand NEWFOUND New Zealand Is Entering Jiangning Wanda, Nanjing.
- Market trend | Strategic Cooperation Between Galanz And SF To Accelerate Digital Transformation
- Industry dialysis | The Company Has Released Teflon Ecoelite Ecoelite Non Fluorine Long-Lasting Anti Splash Agent.
- Industry dialysis | Good Food And Good Cooking, "Exquisite Dialogue" Between Fabric And Clothing Design.
- Company news | Shanxi Oasis Hemp Textile Intelligent Production Line Project Put Into Operation, Loom Trial Run Fully Started
- Innovation and invention | An Introduction To The Mercerized Cotton And Mercerizing Technology
- Wealth story | The Way For Female University Students To Start Their Own Businesses
- 1-5, Pinghu Clothing Profit Margin Fell 153%
- Xinjiang Cashmere Export Enterprises Attack Domestic Market
- China'S Clothing Exports Sharply Decreased In June.
- "Black Robe Bandits" Finally Got Caught In Hefei.
- Wenzhou Clothing Sampling Nearly 30% Failed Adidas Blacklist
- Women's Wear In Shanghai And Shenzhen
- Italy OJ Women'S Wear Releases Weekend Products
- Nine Posture Pushing New Brand Yin Mo Reconstructing The Knight'S Demeanor
- How Bright Is Shenzhen Women'S Wear? Building The Inherent Advantages Of Regional Brands
- Fashion Womens Brand [Ya Jia Map] Invites Franchisees