Durai Palanisamy

Chairman - The Southern India Mills Association (SIMA).
Past Chairman - CII Erode
Executive Director - Pallavaa Group

[Durai Palanisamy @durai74]

SIMA welcomes the Government's decision to temporarily exempt import duty on cotton from June to Oct, 2026.
We sincerely thank Hon'ble PM @narendramodi, @nsitharaman, @ChouhanShivraj, @PiyushGoyal, @girirajsinghbjp for this timely relief.
#Cotton #Textiles #SIMA #MakeInIndia

[Amitabh Kant @amitabhk87]

India’s growth depends on remaining open to global capital while safeguarding national security.

The Government’s move to ease investment norms under Press Note 3 is a step toward a more calibrated, risk-based approach to investment screening. Progressive move !

As we argued earlier, India must stay open and attract FDI while protecting strategic interests.

[Durai Palanisamy @durai74]

With the #IndiaEUFTA, India has a historic chance to unlock massive job creation in garments — a sector driven by MSMEs and women workers. Zero-duty access to the EU from Day 1 is essential.
@PMOIndia @narendramodi @PiyushGoyal @GirirajSingh @TexMinIndia #Employment #MSMEs

[Amitabh Kant @amitabhk87]

QCO reform must become a whole-of-government mission. QCOs on all raw materials and intermediates must be abolished to achieve our aspirations to become a world-leading economy by 2047. This can’t be done with regulatory sandbags tied to the ankles of our MSMEs.

Reducing compliance costs, saving time, and lightening the regulatory load will catapult India into the next orbit of industrial expansion.

I write with @diewakarr in today’s @livemint

[Durai Palanisamy @durai74]

Thanks to the visionary approach of our Hon’ble Prime Minister the recent GST reform has corrected the inversion in the MMF value chain. MSMEs need more Ease of Doing Business & Reforms that unlock efficiency and make “Aatmanirbhar Bharat” truly inclusive—from fibre to fashion.

[Ananda Bhaskar Rapolu @ABRAPOLU]

#Textile Proposal of Anti-dumping Duty on #MEG #MonoEthyleneGlycol suicidal & reduction of #GST on Yarns & Filaments will not reach Consumers
Critical Raw Material for #MMF #ManMadeFibres of PetroFabric #MEG indigenous production is insufficient & about 40% imported
@PMOIndia

[Durai Palanisamy @durai74]

Biggest GST reform for Textiles! 🙏
Grateful to Hon’ble PM @PMOIndia, FM @nsitharaman, HMoT @girirajsinghbjp, @FinMinIndia, @TexMinIndia, @GST_Council & @PiyushGoyal for correcting the inversion in MMF sector.
This step boosts competitiveness, exports, jobs.
#GSTReform #Textiles

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