DRASTIC DROP IN T&A Exports from India: Wazir Advisors
The latest report by Wazir Advisors reveal that the Textile Index has seen a drastic drop in sales and EBITDA in Q1 FY21 owing to...
Tag : apparel
77 ACRES & RS 900 CR INVESTMENT IN NOIDA FOR APPAREL CLUSTER
The Uttar Pradesh government has earmarked more than 77 acres for the proposed apparel cluster in Noida aiming to get private investment worth Rs 900...
USD 10bn opportunity in the US markets for India….
Indian Texpreneurs Federation (ITF) recently said that since the Chinese share in US apparel is declining from 2018, the Indian apparel clusters can take advantage...
FUNDS TO BE RELEASED BY MOT under RoSTCL
The Union Cabinet, in March 2020, had approved the continuation of RoSCTL for export of garments and made-ups from April 1, 2020, till the scheme...
Apparel exports to register 40% expansion this fiscal: AEPC
Apparel Export Promotion Council (AEPC) Chairman Dr A Sakthivel, addressing the members at 41st Annual General Meeting of the Council, said the apparel exports from...
Abercrombie & Fitch’s second-quarter online sales surged 56%.
The apparel retailer reported a surprise profit, as it cut costs amid the e-commerce boom. Abercrombie called out a slower start to the back-to-school season...
INDIA TO GAIN BENEFIT WITH BUSINESS MOVING AWAY FROM CHINA
India is emerging as one of the preferred destination for International garment companies to shift their base from China. The international garment firms are now...
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...
AEPC Appreciates FM’s Move
4 We welcome the decision of the Government to increase the outstanding loan limit from Rs 25 crore to Rs 50 crore and for raising...