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Coimbatore textile industry demand govt to help improve competitiveness

Related Keywords: AP sell yarn at lower cost, compared to those in other state, elected representative to address industry specific issues, government to improve competitiveness of the industry, main demands is reduction of VAT on yarn, pay two percent CST, sustain entire textile value chain, Textile industry in Coimbatore, TN pays five percent

The industries in Coimbatore especially textile industry want government to improve the competitiveness of the industries compared to those in other states for which they have some common demands that they want the elected representatives to address industry specific issues and some others. Even if the political parties do not include these in their election manifestos, they need to address the problems if elected to power, said industry representatives.

For the textile industry here, one of the main demands is reduction of Value Added Tax (VAT) on yarn.

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