Besides undermining legitimate businesses, the report asserted that the illicit trade is distorting competition, and significantly eating into government tax revenues
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The recently released export data revealed that sectors such as electronic goods, drugs and pharmaceuticals, organic and inorganic chemicals, engineering goods, petroleum products, plastics & linoleum, cotton yarn/fabs made-ups ( textiles manufactured), handloom products
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Rachna Shah, Secretary of the Ministry of Textiles, highlighted India's position as the 5th largest technical textiles market globally
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