Darshana Jardosh, Minister of State for Textiles, said, high tariffs are causing setback to the Indian textile and garment exporters to the European Union (EU) and the UK.

According to Jardosh, India’s textile and garment exports in 2020 totaled $29.61 billion, while shipments of Bangladesh, Vietnam and Cambodia for that year totaled $37.95 billion, $37.10 billion and $7.77 billion*, respectively.

As per a Textile Value Chain report, such high tariffs are affecting exports, unlike Bangladesh and Cambodia that have zero tariffs in mentioned destinations

Jardosh also said that, due to the COVID-19 pandemic and the nationwide lockdown imposed by various State Governments, production activities at all companies under the National Textile and Garment Group (NTC) have been suspended since 25 March 2020, thus affecting all stakeholders from farmers to traders and exporter in the value chain.

During this period, the employees are regularly paid by the NTC according to their status from the cash reserve. However, the second wave of COVID-19 once again resulted in the closure of all operations of NTC companies in April 2021 and now NTC has resumed operations at some companies in July 2021 depending on available materials.

By Fashionating World
https://www.fashionatingworld.com/new1-2/high-tariffs-harming-exports-to-eu-uk-textile-ministry