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Gautam Ganeriwal Welcomes QCO Rollback, Calls It A Reset For Textile MSMEs And Fair Competition

The Government of India’s decision to remove Quality Control Orders on fibres, yarns and select raw materials has drawn strong support from industry leaders, who view the move as a critical correction in textile policy. Gautam Ganeriwal, Chief Executive Officer of Sitaram Spinners and Chairperson of the CITI Young Entrepreneurs Group, described the rollback as a decisive step toward restoring balance across the textile value chain.

Ganeriwal noted that the earlier QCO framework had unintentionally created entry barriers for micro, small and medium enterprises. Limited sourcing options and compliance costs had allowed a few large players to dominate raw material supply, squeezing margins for downstream manufacturers. He said the removal of QCOs has reopened access to diverse fibre sources, improved price transparency and revived fair competition.

According to Ganeriwal, the policy change will directly support employment intensive segments such as spinning, weaving and garmenting. India textile and apparel sector employs over 45 million people and contributes nearly 2% to national GDP. Lower input costs are expected to strengthen export competitiveness at a time when global buyers remain price sensitive.

He also highlighted the strategic importance of speciality fibres and blended yarns, where flexible sourcing is essential to meet evolving international demand. Ganeriwal said the decision reinforces confidence among MSMEs to invest, expand capacity and pursue value added exports.

According to Ganeriwal, the policy change will directly support employment intensive segments such as spinning, weaving and garmenting. India textile and apparel sector employs over 45 million people and contributes nearly 2% to national GDP. Lower input costs are expected to strengthen export competitiveness at a time when global buyers remain price sensitive.

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