1. EU not only accounts for 49 percent of India’s total apparel exports worth $13 billion, but is also its largest trading partner.
2. Presently, EU imposes an import duty of 9.6 percent per garment and five percent on other textile items from India.
3. So far, Indian goods cost 10-15 percent more than Chinese products and 15-20 percent higher than Bangladesh’s products.
2. Presently, EU imposes an import duty of 9.6 percent per garment and five percent on other textile items from India.
3. So far, Indian goods cost 10-15 percent more than Chinese products and 15-20 percent higher than Bangladesh’s products.
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