Tirupur: The Tirupur Exporters’ Association has hailed chief minister Edappadi K Palaniswami for writing a letter to Union minister of commerce Suresh Prabhu regarding the negative growth witnessed in Tirupur knitwear cluster.
In the letter dated June 28, the CM highlighted the advantages, including generalised scheme of preferences (GSP) plus by European Union and duty free access to the United States, enjoyed by other countries such as Bangladesh, Vietnam, Sri Lanka and Cambodia. Similarly, custom duty levied in India for importing yarn is not imposed in those countries.
He also mentioned about the central government slashed rates of rebate on state levies (RoSL) and duty drawback given to the textile exporters.
“All such factors have resulted in a ‘price competitive disadvantage of around 10% for Indian apparel exports compared to our competing nations,” he added.
The CM had written a similar letter to Prime Minister Narendra Modi on May 22.