Fabrics Under Custom Duty Free Status Demanded

Fabrics Under Custom Duty Free Status Demanded

Tirupur Exporters Association (TEA) president, A Shakthivel has appealed to the union finance minister, Arun Jaitley to include some more specialty fabrics under custom duty free status for the growth of readymade garments.

Those fabrics are widely used by Tirupur knitwear garments exporters, as the export of synthetic garment is having a lot of potential in the global market and also have the market throughout the year, Shaktivel said.

“As the potential to increase our readymade garment exports lies on export of synthetic garments which has market throughout the year globally, the additional inclusion of more specialty fabrics will be helpful to enhance our growth and competitiveness,” he said.

“We shall, therefore, request the minister to kindly include those fabrics also in that status for the growth of readymade garments and employment,” Shakthivel added.

He also thanked the textile minister, Santosh Kumar Gangwar for issuing the guidelines of the Amended Technology Upgradation Fund Scheme (ATUFS) to be followed during its implementation period from 13.01.2016 to 31.03.2022.