Textile units hail cotton yarn cess, exporters oppose

摘要

The textile industry is divided over the government's move to impose a cess on export of cotton yarn, one of India's largest export items. While spinning mills are up in arms against it, garment exporters welcome the move.rnDecrying any plan to curb export of cotton yarn, Cotton Textile Export Promotion Council executive director Siddhartha Rajagopal said that the reported move by the government came as a shocker to the exporters. "Very rarely does one see export duty being imposed on an industrial product.