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Tirupur Exporters’ Association (TEA) has welcomed the export incentives announced by the Union Commerce Minister, Mr Anand Sharma, saying that it would help to enhance the competitiveness of labour intensive sector including textiles.
In a letter to Mr Sharma, the TEA President, Mr A. Shaktivel, expressed confidence that with the right kind of initiatives, the merchandise exports would reach the set target of $200 million this year.
However, he said that the knitwear garment sector is still facing problems and requires support from the Ministry to face the competition in the US market.
To achieve this, the Ministry should announce Market Linked Focus Product Scheme at two per cent for knitwear garments for exports made to US also for one year, he said.
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