Govt neglecting apparel sector and need to slash import duty, says Chidambaram – ET Retail

Representative image Former Union minister P Chidambaram has suggested that there must be technological upgradation, lesser tariff control, and upscaling of the garment manufacturing units for the growth of the apparel sector in the country. Noting that the Union govt has not taken steps to facilitate the growth of the apparel industry, despite declining exports,…

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India’s organised retail apparel sector to clock 8-10 % growth this fiscal – ET Retail

Representative image The organised retail apparel sector in India is projected to see 8-10 per cent revenue growth this fiscal, riding on higher demand stemming from a normal monsoon, easing inflation, festive and wedding season and increasing preference for fast fashion, a report showed on Tuesday. Retailers in the country are adjusting business strategies, enhancing…

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