By and  on March 17, 2009

India and Pakistan’s textile and apparel industries are stepping up pressure on their governments to offer more assistance, as both countries continue to be hard hit by the faltering global economy.

Indian manufacturers received export incentives from the federal government last month that are expected to provide some relief. Apparel made of cotton, wool, silk and man-made fiber will get direct government assistance in the form of duty free scrips at 2 percent of the value of exports to the U.S. and European Union. The scrips can be used by apparel manufacturers for imports, or sold to other exporters for cash, and the program will run for six months starting April 1.

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