CMAI responds to additional 25% export duty imposed by USA

CMAI fears that such high duties will lead to massive factory closures, job-losses, and a catastrophic turmoil in our Apparel Industry.

CMAI believes the imposition of an additional 25 per cent duty on Indian goods will strike a death-blow to the Apparel Industry of India. “No Buyer would want to pay a price differential of 30-35 per cent compared to buying from competing countries like Bangladesh, Vietnam, etc.”

Santosh Katariya, President, CMAI, whilst denouncing this level of duty as “unjustified, unfair, and arbitrary”.

CMAI fears that such high duties will lead to massive factory closures, job-losses, and a catastrophic turmoil in our Apparel Industry.

Ankur Gadia, Vice President, urged the Government to take a strong stand on the issue so as to negotiate a more reasonable and equitable terms of trade.

Rahul Mehta, Chief Mentor, stated ”Whilst continuing to hope that this is part of the negotiating tactics, I would urge the Government and the Industry to work together to urgently evolve strategies to minimise the adverse effect of this draconian levy”.

CMAI believes the coming months to be tough and challenging for the Industry.