This country is eyeing USD 29 Bn in garment exports
As per Turkish Exporters Assembly (TİM) data, textile and ready to wear garment sector’s exports increased by 3.8 percent in 2018 to US $ 26.1...
Category : Trade
India keen to unlock the potential of MSME exports
India’s micro, small and medium enterprises (MSME) Ministry has proposed to set up a governing council to ensure efficient delivery of all export-related interventions as...
India records surge in Khadi sales by 32% in 2018
India’s Khadi and Village Industries Commission (KVIC) has stated that the segment had a great business in 2018. It reported that khadi sales for the...
India sanctions Rs. 600 Cr to increase leather & textile exports
Government of India has approved Rs. 600 crore (US $ 85.51 million) in subsidy to increase exports from sectors such as textiles, leather, handicraft and...
India prepares to address exporters’ concerns
India’s Union Minister of Commerce & Industry, Suresh Prabhu has assured that the Centre will work to revitalize India’s exports. The statement was made by...
India’s textile & garment exports SOAR 7%
According to the recent data compiled by India’s Union Ministry of Textiles, textile and garment exports from the country increased by 7 percent to Rs....
Will garment exports benefit from Duty Drawback Rate hike?
Effective immediately, the rates were raised across all varieties, i.e., cotton, manmade fibre (MMF), nylon, yarn, fabric and others to cover the entire value of...
Why does Indian textile industry need 17 Mn more workers in Industry 4.0 Era?
Indian Ministry of Textiles has observed that the industry would reportedly require an extra manforce of 17 million in next four years. Currently, around 45...
India fixes 2018-19 export target for textile & garment at USD 47.287 Bn
Despite the sluggishness in the market, Indian Government has fixed export targets for textile and garment products (including handicrafts) for FY 2018-19 at US $...
US-China Trade War: China continues dominance in US apparel import market
The ongoing US-China Trade War seems to have no ending. However, the conflict hasn’t stopped American apparel industry to import from the latter. Markedly, China...