Panipat, Sept. 28 -- Union minister Manohar Lal Khattar said that GST reforms in the country will reduce the impact of the US tariffs on the Panipat textile industry.

He said the change in GST slabs will reduce prices of some textile products and push domestic demand, which could compensate for the drop in export to the USA.

Khattar, who represents Karnal parliamentary constituency in the Lok Sabha, was addressing a press conference at the BJP's Panipat district office 'Shyam Kamal' on Saturday.

The textile and handloom industry in Panipat, popularly known as 'Textile City' in the country, has an annual turnover of Rs.50,000-60,000 crore, of which exports account for nearly Rs.20,000.

Handloom products, bed sheets, cushion covers and ...