Cheap imports, higher taxes hit India’s textile industry
Why the wheels of the textile industry in India have come to a near grinding halt.
India’s economy is slowing down. It has particularly affected the textile industry – and led to hundreds of workers losing their jobs.
Many of them say cheap imports, a reduced export market and higher taxes are to blame for the decline.
They are suggesting the Indian government formulate an economic stimulus package to kick start financial and industrial growth.
Al Jazeera’s Sohail Rahman reports from Ludhiana in India‘s Punjab state.
Published On 2 Feb 2020