Saturday, 2 April 2011
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India garment exports may suffer on cotton yarn shipments
MUMBAI (Commodity Online) : With the India government lifting curbs on cotton yarn exports, the textile industry in India may suffer; so believes the Tirupur Exporters Association (TEA) exporting knitwear and readymade garments over Rs 16,000 crore on an annual basis. The TEA expressed shock on the DGFT (Directorate General of Foreign Trade) allowing cotton yarn exports earlier capped at 720
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