Scores of retailers including Future Group, Shoppers Stop, Pantaloon, and Madura Garments, Landmark Group and Arvind and small apparel sellers across the country are expected to participate in the bandh on Monday, organised by the Clothing Manufacturers' Association of India (CMAI). Suppliers, manufacturers, wholesalers, distributors and several industry bodies have also shown support and solidarity on the issue.
The excise duty has been announced suddenly without any breathing time, says Ms Rachna Aggarwal, CEO, Indus League, a Future Group company. “There will be 10 per cent excise duty on 60 per cent of MRP. It should have been 40 per cent.”