India’s textile and apparel sector faces both promise and peril, experts said at a CITI–EY India webinar.
GST 2.0 reforms—removing duty inversion, ensuring fibre neutrality, easing compliance, and extending the 5 per cent GST slab to items up to ₹2,500—will boost efficiency and demand.
Yet, a 50 per cent US tariff on Indian goods poses a challenge to competitiveness, urging strategy shifts.
GST 2.0 reforms—removing duty inversion, ensuring fibre neutrality, easing compliance, and extending the 5 per cent GST slab to items up to ₹2,500—will boost efficiency and demand.
Yet, a 50 per cent US tariff on Indian goods poses a challenge to competitiveness, urging strategy shifts.
