Assiggnment about garments have emerged as the star-performer in the indian textile export scenario. elaborate
Answers
Garment has well emerged as the star performer in the India and textile export scenoria by the sheet magnitude of the achievement recorded by this industry.
Hence garment sector has well reached and also impressive export performance over the many years of the despite stiff and international competition.
On the other hand it can impress export in a fine manner.
Garment industry in India is one of the largest home based industry which is available to most of the peoples in rural areas and they are usually benefited from this industry. Import and export of garments fabrics has been one of the major challenges of Government of India and there quite successful in this.
India is one of the largest exporter of garment products to various countries of the world. The tax imposed on the export is generally very low so that the farmers can be benefited from this. On the other hand import duty from other countries is usually quite high so there is a huge profit for the government also.