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DELAY IN NEW TEXTILE POLICY AGITATES INDUSTRY IN LUDHIANA

Though the Union Government announced to frame a textile policy way back in 2016, its slow pace has started bothering local textile manufacturers and traders.

Piara Lal Seth, General Secretary of the Shawl Club of India, said the delay was costing small textile units heavily, which were already battered by demonetisation, GST and the Covid-19 pandemic.

He said it was their long outstanding demand to the Central Government to frame a new textile policy.

Thus, the Shawl Club of India demanded that the two components of the textile sector — organised and unorganised sector —be considered separately as the problems were very much different in each sector.

The unorganised sector mostly comes under the MSME category and the New National Textile Policy should be framed to meet its requirements and redressal.

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The communique stated that the basic raw material for textile sector are polyester and woolen worsted yarn.

Woolen yarn, which is also called greasy wool, is imported from Australia and other countries and polyester fiber yarn is monopolised by the Reliance.

It said if both the raw materials are made available at the international price and particularly at the rate prevalent in China Market, the export of textile sector can increase manifolds.

Free import of readymade textile, under SAARC from Bangladesh in particular, have crippled our domestic industry. So needed amendments are required, it stated.

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