MOU Between India and Japan to Improve Quality Approved
The Union Government has approved the signing of a Memorandum of Understanding (MoU) between India and Japan in order to improve the quality and testing...
Category : Trade
Vietnam’s textiles and apparel sector Sees $16.18 billion Turnover
The export turnover of Vietnam’s textiles and apparel sector in the first seven months of this year is estimated at $16.18 billion—a fall of 12.1...
AEPC requests extension of EMI moratorium on term loans till March 2021
Apparel Export Promotion Council (AEPC) Chairman Dr A Sakthivel requested Hon’ble Minister of Finance Smt Nirmala Sitharaman to extend moratorium on payment of installments for...
RELIANCE RETAIL ACQUIRES FUTURE GROUP AT RS 24,713 CR
Mukesh Ambani-led Reliance Industries said will acquire the retail and wholesale business and the logistics and warehousing business of Future Group in a deal valued...
World textile & apparel trade dropped in 2019
The value of the world textile trade decreased by 2.4 per cent year-on-year to $305 billion, while apparel trade dropped 0.4 per cent to $492...
Bangladesh’s readymade garment (RMG) Affected Badly Due to Covid
The COVID-19 pandemic has exposed Bangladesh’s readymade garment (RMG) sector’s sensitivities by destabilising global supply chains and leading to a decline in demand. Orders received...
BACK TO SCHOOL SALES MAY NOT BE STRONG
Struggling department store group Debenhams says it will cut 2,500 more jobs as it struggles to survive the coronavirus pandemic. shopping revenue and sales and...
INCREASE IN IMPORT DUTY ON OVER 200 TEXTILE PRODUCTS
The government has doubled the import duty on textile products — for the second time in a month — a move that is expected to...