Textile Industry

CTA Apparels Hails GST Cut to Boost Textile & Apparel Growth

Published on 
Author: DISHA PRAFUL SUKHANI

CTA Apparels has expressed strong support for the Government of India’s decision to reduce GST rates on select textile and apparel categories. This key reform addresses the long-standing GST inversion in the man-made fibre (MMF) value chain, aligning GST rates on MMF fibre and yarn at 5%, down from the earlier 18% and 12%.

Dr. Mukesh Kansal, Chairman of CTA Apparels, stated,

“This is a timely and forward-looking decision. The reduction in GST and correction of the MMF value chain will ease industry costs, boost demand, and make Indian textiles more competitive globally. It will also allow manufacturers to reinvest in technology, sustainability, and skill development. We applaud this step and remain committed to passing the benefits to our customers and partners.”

The revised GST framework is expected to:

  • Enhance price competitiveness in both domestic and international markets.
  • Improve cash flows for MSMEs and integrated players.
  • Support employment generation across the textile and apparel sector.

Industry experts believe this measure will not only revive demand but also strengthen India’s fashion supply chain, making it more resilient and globally competitive.

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