June 06, 2026
He also announces initiatives to simplify the business licensing process
Garment makers in India and Bangladesh face higher production costs due to supply pressure
Cheap imports, many from China, hammer Argentina’s textile and apparel sector
New brand-supported solar projects are helping small garment factories cut costs and carbon emissions
11 factories have shut in 2025 alone
The move follows the textile mills association’s repeated calls for tax removal
It also presses for cancelling the fixed yarn tax and keeping corporate tax rates low beyond June
