Units Close In Bangaldesh Due to Covid 19 Crisis
At least 24 apparel manufacturing factories have been forced to shut down in Bangladesh for losses since the implementation of new pay structure for workers...
Tag : exporters
Vietnam’s textile and garment industry hit hard by COVID-19
Vietnam has traditionally focussed on garment production with little capacity for fabrics manufacturing. It is estimated that Vietnam imports up to 89 per cent of...
RBI’s decisions will protect Apparel Exporters across the country: AEPC
Welcoming the RBI’s decision to extend the loan repayment moratorium for another three months up to August 31, Apparel Export Promotion Council (AEPC) Chairman Dr...
TEA REQUESTS PM TO EXTEND THE MORATORIUM
Tirupur Exporters Association thanked the Hon’ble Prime Minister for taking for various measures to contain the spread of COVID – 19 pandemic and protecting the...
RBI EXTENDS INTEREST SUBSIDY ON EXPORT CREDIT
The Reserve Bank’s decision to extend the scheme providing interest subsidy for post and pre-shipment export credit till March 31, 2021 will help apparel sector...
Garment exporters in Noida can Restart Manufacturing
Hundreds of garment export units which were staring at uncertainties in Gautam Buddha Nagar district, would be able to resume operations within the next few...
Cancelation of orders leave exporters in shock and losses
Handloom made-ups manufacturing units in Karur, a highly export oriented industry which powers the economy of the town, has been severely hit by the COVID...
Covid 19 depleting apparel industry Can cause Losses worth USD2 billion in India’s apparel industry
The news about impact of Covid 19 just seems to not stop. The latest figures being shared by Aepc and several other members of export...
BUYERS CANCELLING ORDERS EXPOSES INDUSTRY TO HUGE RISK
When the world is going through one of the darkest phases in human history life is not easy for anyone. Exporters who have tirelessly created...
Buyers cancelling orders leave exporters in shock
Indian apparel exporters are facing testing times with falling demand globally and operational challenges domestically due to the coronavirus outbreak. Apparel exporters are expected to...