Supply Chain Research

The Indian Apparel Export Promotion Council have warned the government that exports may decline if the general sales tax (GST) system is not improved. They want to see quicker tax deductions for inputs, where costs are rising rapidly. That could result in Indian exports becoming less competitive. Yet, export growth still appears to be robust. Exports of knit apparel increased 6% in the third quarter vs. the second compared to a growth of 2% the prior quarter. A similar pattern was seen in most sectors, including footwear (20% vs. 5%). The main outlier has been non-knit apparel which saw ...