Narinder CHUGH, MD, MIL­LION ex­porter

Perfect Sourcing - - Burning Issue -

Ex­ports are in a neg­a­tive ter­ri­tory since Oc­to­ber due to sev­eral rea­sons. Ma­jor rea­son was that our GST re­funds were blocked for a long time and we did not have cash and other coun­tries/ex­porters took ad­van­tage and fetched or­ders. Se­condly, the duty draw­back was de­creased from 10 per cent to just about two and a half per­cent. Thirdly, we can­not not com­pete with Viet­nam and

Bangladesh as we are not given enough fa­cil­i­ties and ben­e­fits.

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