700% Increase in Freight Rates
Red Sea Crisis Turning Out to be a Big Nightmare Amidst soaring tensions and geopolitical strife, global exporters find themselves navigating treacherous waters as freight...
Tag : import
Increase in Custom Duty…Sale of Textile Machinery to be Affected
The increase in the Basic Customs Duty on textile machinery from 5% to 7.5% is seen as one of the biggest disappointments for the textile...
India-UK FTA to be Finalized by Diwali
The global apparel market which was just under 1.5trillion USD in 2013 is expected to generate revenues to the tune of 1.8trillion USD in 2022...
Removal of import duty on cotton Demands Exporters
The Cotton Textiles Export Promotion Council (Texprocil) has appealed to the Union Textile Minister Piyush Goyal to remove the Customs Duty on cotton as it...
Pak Appeals for Lifting Ban on Imports From India
Pakistan’s textile ministry headed by Prime Minister Imran Khan has recommended the lifting of a ban on the import of cotton from India to bridge...
10% Custom Duty on Man Made Yarns in the Union Budget 2021, appeals NITMA
Sanjay Garg, President NITMA has appealed for the urgent need of raising customs duty on man – made yarns to 10%, which is currently at...
NITMA Raises Deep Concern Over the Rise in import of Viscose Yarn
Levy the Anti-Dumping Duty on Polyester Spun Yarn Requested Expressing the sincerest appreciation, with regard to recommendation of DGTR to levy the anti dumping duty...
Can UAE be a potential market for apparel exports?
United Arab Emirates (UAE) is been seen as an important market for Indian apparels as there is huge untapped potential for increasing exports. Speaking at...
EXPORTS OF COTTON YARN, FABRICS, MADEUPS, HANDLOOM PRODUCTS FROM INDIA SEE A POSITIVE GROWTH
Exports of cotton yarn, fabrics, made-ups, handloom products etc from India showed a positive growth of 14.82 per cent in September 2020 compared to September...
India to Gain Market Share in the US; as China gets on an Edge
The year 2019 witnessed around Rs 20,000-crore market share loss for China in the apparel segment alone and post-COVID- 19, the declining trend has been...