It said that while in 2013-14, the total readymade garments exports from India to Australia was valued at Rs 707 crores, the figure rose to Rs 881 crore in 2014-15, a growth of 25 per cent.
Considering the good scope for enhancing India's market share, TEA urged the minister to ink CECA with Australia by December 2015.The Tirupur Exporters Association (TEA) has urged commerce and industry minister Nirmala Sitharaman to expedite the Free Trade Agreement (FTA) with #
The TEA also requested the minister to include a few more countries like South American countries, South Africa, Russia, Australia and New Zealand, under MEIS reward rate where readymade garment export is taking place to these countries and moreover, the transportation cost is on higher side for doing exports to some of the land locked countries. (SH)
ALCHEMPro News Desk – India
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