Vikaas GHONASGI, ANNU ex­ports, tirupur

Perfect Sourcing - - Burning Issue -

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.

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