INDIA CLOTHING AND TEXTILE SECTOR WELCOMES SUPPORT FOR INDUSTRY IN NEW CENTRAL GOVERNMENT BUDGET
January 1st, 2020
Indian clothing and textile manufacturers have welcomed a series of policy changes announced in the central government’s national budget that was released on Saturday (February 1). Reforms highlighted by industry representatives include abolition of anti-dumping duty on key polyester raw material PTA (purified terephthalic acid), cheaper loans to small manufacturing units and exporters, a USD200 million investment into developing India's technical textile industry and a review of principles underpinning future negotiations on free trade agreements (FTA), ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.