HomeNewsBusinessCNBC-TV18 CommentsGarment retailers shut stores to protest govt's duty levy

Garment retailers shut stores to protest govt's duty levy

Apparel retailers are protesting the newly-imposed additional 10% duty announced in the budget on branded apparels. Clothes manufacturers across the country shut down factories on March 4 to protest the government's 10% excise duty levy. Now, retailers too have joined in, report CNBC-TV18’s Malvika Jain and Vineetha Athrey.

March 07, 2011 / 21:37 IST
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India's Rs 7,000 crore branded apparel industry is up in arms. It is protesting the newly-imposed additional 10% duty announced in the budget on branded apparels. Clothes manufacturers across the country shut down factories on March 4 to protest the government's 10% excise duty levy. Now, retailers too have joined in, report CNBC-TV18

first published: Mar 7, 2011 06:53 pm

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