Gokaldas Exports reports five-fold jump in profits
Bengaluru-based garment exporter Gokaldas Exports Limited on Friday reported a big increase in its consolidated profit after tax at Rs 30 crore for the December quarter...
Tag : exports
SHORTAGE OF CONTAINERS AT EASTERN PORTS LEADS TO CRISIS FOR EXPORTERS
A Task Force has been constituted by the Ministry of Ports, Shipping and Waterways (MoPSW) under the chairmanship of Additional Secretary(PSW) to monitor evolving situation...
Textile Minister Appeals Industry to target 100 bn in textile exports
In an interaction with prominent Textiles exporters, EPCs and industry leaders Union Minister of Textiles and Commerce & Industry, Piyush Goyal encouraged them for achieving...
Fuel Price Hike to Affect Exports in Bangladesh
The recent fuel price hike in Bangladesh will push up the overall cost of doing business, thereby affecting the competitiveness of the domestic textile and...
Orders Revive but Raw Material Prices Pose New Challenges
After a long haul apparel exporters and domestic garment manufacturers in India are seeing a big jump in orders and most of them are reporting...
Imports Of Textile & Apparels By US Increases By 28.14%
US imports of textiles and apparel increased 28.14% to $ 71.36 billion in the first eight months of 2021, compared to $ 55.695 billion from...
Govt’s Clears Rs 4,400 crore in ECGC in 5 years
In a move to boost exports, the union cabinet on has cleared an infusion of Rs 4,400 crore in Export Credit Guarantee Corporation (ECGC) over...
Shipping containers scarcity & increased Freight Cost haunts exporters
After attaining crisis proportions earlier this year, shipping containers are again in short supply, which is increasing logistics costs for exporters and making businesses uncompetitive....
INDIA’S TEXTILE AND APPARELS EXPORTS TO US UP BY 55%
India’s textile and apparel exports to the United States, its single largest market, were up 55% in the first seven months of 2021. This is...
Bangladesh and India has ample scope to work together says BGMEA President
BGMEA President Faruque Hassan said Bangladesh and India can reap more mutual trade benefits through further collaboration, especially in the area of apparel and textile...