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With Bangladesh likely to lose duty-free access, Tirupur exporters upbeat
- | Tuesday | 10th July, 2018
Since the duty-free access given by the EU was one of main advantages enjoyed by exporters in Bangladesh, Tirupur knitwear exporters have been repeatedly saying that there was no level playing field. So, it is expected to be stripped of duty-free access given by the EU. They have been urging the government to provide adequate sops to sustain the industry.“If the duty-free access advantage is denied to Bangladesh, it will have to compete with countries like India. Unless the government provides holistic support, as given in other competing countries, it will not be easy to compete with Bangladesh,” he said. So, India will not have a disadvantage in pricing garments,” M Ramachandran, director of Excellent Export Training Center told TOI.
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