The Apparel Export Promotion Council (AEPC) and Tiruppur knitwear exporters have applauded the latest reforms from India's GST Council, which are expected to drive new growth for the nation's apparel sector.
The organizations have hailed some of the major changes in these reforms, including faster export refunds and more streamlined GST rates, as critical steps toward boosting India's GDP. Industry leaders believe, these reforms will support Indian exporters and align with the country's ‘Make in India’ initiative.
The council has expressed gratitude to government officials, stating, these measures will empower the broader textile industry and improve the standard of living for many citizens. This move is seen as a sign of the industry's strong partnership with the government's national reform efforts.
