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Free trade pacts hamper India's efforts to curb Chinese textile imports

Earlier this week, India doubled the import tax on more than 300 textile products to 20 per cent, marking the second tax increase on textiles in as many months.This is aimed at providing relief to the country’s domestic textile industry, which has been hit by cheaper imports.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2nt2IjH
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