Textile industry says new labour codes may boost export prospects to US, EU

India's textile sector says new labour codes will strengthen compliance with due-diligence norms and enhance global competitiveness

The textiles industry has welcomed the rollout of new labour codes, citing that it will help players clinch more export orders, as it will comply with the Corporate Sustainability Due Diligence Directive (CSDDD) norms.

 

While the move may give a competitive edge over rivals like Bangladesh in the global market, several industry bodies raised concerns that many state governments may not implement it on the ground.

 

The export boost would be seen once free trade agreements (FTAs) conclude with the European Union (EU) and the United States (US).

 

“The new labour codes would facilitate compliance with various social accountability norms