Textile sector in Gujarat expects boost to exports

With the Centre announcing the new rates under the Rebate on Duties and Taxes on Export Products (RoDTEP) scheme, textile exporters are expecting a boost in order volumes backed by better cost-competitiveness. According to the new rates, RoDTEP extends incentive of 2.5% to 4.5% on the export of yarn and fabrics of different kinds.

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