Indian-made apparel and footwear could become a significant player in global sourcing for brands such as Zara, H&M, Marks and Spencer, and Gap. Finance Minister Nirmala Sitharaman has announced exemptions on import duties for raw materials used in apparel and footwear, provided these materials are used for further export.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.