Vikaas GHONASGI, ANNU exports, tirupur
Firstly, if our Hon. Prime Minister is promoting “Make in India”; then steps should be taken to boost demand for our products outside India. We can only create a demand for Indian garments in the EU and other countries only if we quote competitive prices. The Ministry of Textiles and the Government should take immediate steps for boosting textile exports. Duty drawback rates should be increased to at least 6%. GST refund process should be simplified and should be done on a fast track basis. There should be zero duty on import of textile goods from India in Europe. A lot can be done in regard to MSME for instance sanctioning of working capital from banks to MSME units should be hassle-free and faster since working capital and cash flow is a big hassle in India post GST.