Related Keywords: Favourable trade agreements, fiscal incentives, following steady input prices, for the next financial year, healthy capacity utilization and healthy domestic demand, implementation of the Goods and Services Tax, improve industry export competitiveness, Ind-Ra, India Ratings, revised its cotton outlook to stable, the U.S.’ exit from TPP
India Ratings (Ind-Ra) has revised its cotton outlook to stable for the next financial year (2017-18) from negative for the fiscal year 2016-17 following steady input prices, healthy capacity utilization and healthy domestic demand.
Ind-Ra said that the status will stem from fiscal incentives and implementation of the Goods and Services Tax (GST) that will improve the industry’s export competitiveness.
