Indian Government Exempts Polyester Imports, Boosting Textile Exporters
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- Published: Saturday, 08 June 2024 14:19
In a significant move aimed at bolstering India's textile export sector, the government has announced exemptions for the import of polyester staple fibre (PSF), filaments, and spun yarn under the Advance Authorisation Scheme. This decision, heralded by industry organizations such as The Southern India Mills’ Association (SIMA), marks a pivotal moment for textile exporters grappling with sourcing raw materials amid stringent quality control orders (QCOs).