Srinivasan said, "Rebate of state and central taxes will improve the competitiveness of made ups
products in the export markets."
It is also necessary to highlight that bulk of the made ups
is produced be these smaller units but exported by a few.
Pakistan has become on the largest consumers of Us variety Pima cotton for manufacturing fine count value-added yarns to make sophisticated fabrics for use in made ups
for high end of the market.
The priority sectors are logistic, ICT and allied services, gems and jewellery, horticulture, construction, fisheries, energy, dairy and livestock, engineering, mineral, leather, tourism, textile made ups
and apparel, he disclosed.
The Budget has increased the financial outlay under the comprehensive textile sector package for apparel and made ups
A dealer of imported and local-made UPS while talking to reporter said the demand for the locally made UPS
has almost doubled while the demand for Chinese UPS was noticing downward trend as it is costly while on the other hand, its repair charges were also high.
To increase competitiveness of textile industry, Government announced a Special Package for garments and made ups
. A key element of the package is the Rebate of State Levies (RoSL) Scheme.
He said that she was instrumental in the inclusion of Made ups
under the ROSL Scheme which was originally introduced to cover only readymade garments and also thanked her for keeping the entire cotton textiles sector at the GST rate of 5 percent and for reducing the GST rate on job work in the textile sector to 5 percent.