Businessmen worried as textile, apparel exports dip

Ludhiana | Thursday | 26th April, 2018

Summary:

He said apparel and textile exports were 14 per cent of the total exports in the country. Say govt’s incentives required to bring sector back on trackShivani BhakooTribune News ServiceLudhiana, April 25Exporters in the city are worried due to a decline in apparel and textile exports in India. The Apparel and Textile Industry of India is losing its shine at the global level. IGST refunds stoppedExporters are worried as their integrated goods and services tax (IGST) refunds, which started after the intervention of the Prime Minister’s Office, have been “stopped abruptly” in past 10 days. Sea ports have been verbally instructed not to release anymore IGST refunds.”.