INDIA: A Quarter Of Firms Unaware Of Quota Removal
Around a quarter of India's textile and clothing companies are aware that textile export quotas have been lifted a new survey says.
The research, carried out by the Research and Information System for Non-Aligned and Other Developing Countries, interviewed 100 firms across the country making a wide range of products.
75 of those studied for discussion paper titled 'Industrial Restructuring and Export Competitiveness of the Textiles and Clothing Sector in Saarc in the Context of MFA phase-out' said they were not aware of the development.
Textile companies classified as large had a better awareness of the trade change than the smaller firms the study found.
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