Government reforms will help India top China in textile industry

To boost the textile industry, the government recently brought in reforms to labour laws and extended a special package to the made-ups sector.With enhanced duty drawback rates to cover State levies along with an increase in capital subsidies and reforms in labor laws, the industry can expect a solid growth in investments in this sector and also increase the market share of home textile market globally, ITF Secretary, Prabhu Dhamodharan said in a statement.คำพูดจาก สล็อตเว็บตรง

For the past few years, made-up exports saw an uptrend on year on year. In particular, India’s share in the UA market has become increasingly steady, with a current share of 17 per cent, he said. “We are extremely happy to witness a continuous focus and support from the government for various segments of the textile manufacturing sectorคำพูดจาก สล็อตเว็บตรง. The industry is confident of creating further employment opportunities for many rural youths, particularly women, and the textile sector will be the ideal example for success of “Make In India,” Prabhu said. 

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