Fabric prices to drop post GST cut; will make garment exports

The Cotton Textiles Export Promotion Council (Texprocil) today said fabrics price will come down, subsequently making exports of made ups and garments competitive following GST council's decision to cut GST rates on certain textile items. Last week, the GST Council has reduced the rates on certain textiles items like chenille fabrics, handmade lace, hand-woven tapestries, hand-made braids and orna…