RBI Hikes Repo Rate..Is Textiles & Apparels Industry ready for another jerk?
The 40 basis points increase in repo rate announced by the Reserve Bank of India (RBI) this week will lead to costlier loan, and add...
Tag : business
India’s Share in Apparel Exports to the US Improves, China’s Decline
In Feb 2022, US apparel imports stood at US$ 7.5 billion which is 39% higher than in Feb 2021. On YTD basis, the imports are...
Pratibha Syntex Ltd Receives Another Accolade
Pratibha Syntex Ltd (PSL), that has been focusing on sustainable textile manufacturing for many years is yet again felicitated for its services and initiatives. The...
Tirupur Speeds Up as Orders Galore
Tiruppur has clocked exports worth Rs 33,525 crore in the 2021-2022 fiscal accounting for 54.2 per cent of the country’s total exports in the sector,...
Sri Lankan Crisis Diverts Orders to India
The textile hub of Tirupur in Tamil Nadu is witnessing a surge in overseas orders as the export demand has diverted to India from Sri...
Shipping companies Face Brunt of Ukraine Russia War
The ongoing war between Ukraine and Russia has left shipping companies in India in crisis. The shipping activities in Northern black sea are closed and...
India and Australia FTA to create New Milestones in T&A Sector
India and Australia have signed an ambitious free trade agreement (FTA) in goods and services slashing import duties on a wide variety of items including...
PRIMARK TO OPEN A NEW STORE
Primark is soon opening a new store at the shopping complex alongside other brands at Stockton’s Teesside Park including H&M, Next and River Island. If...
India Creates History as Export Crosses 400BN
For the first time ever exports from India’s merchandise exports increased by 37 per cent to USD 400 billion during April-March 22, 2021-22 against USD...
Mango Reports Strong Sales Via Online
Mango recently reported a turnover of £1.8 billion in 2021, with online sales accounting for 42%. Mango profits rose to their highest level in almost...