India’s merchandise exports fell for the second consecutive month in August, going down by a marginal 0.30 per cent.

The Danfoss Group can now call itself the world leader in hydraulic motors after closing its bid to acquire US-based White Drive Products Inc

The EU’s free trade agreement with Vietnam is expected to boost European growth and job creation in the retail sector, as well as the development of Vietnam, according to EU trade negotiators.

Two Taiwanese textile firms have set their sights on the Muslim world, which accounts for about a fifth of the global population (between 12 bn to 1.6 bn), by introducing new technology and innovative designs to appeal to the demographic.

Textile manufacturers in Egypt prefer US cotton to local Egyptian cotton. The reason: deteriorating quality of Egyptian cotton.

India saw a decline in exports of woolen yarn, fabric and made-ups by 48 per cent and woolen garments by nine per cent in the first quarter of the current financial year.

The US apparel retailers most have reported lower sales at established stores for the pivotal back-to-school shopping month of August.

A new International Cotton Advisory Committee (ICAC) report informs that world cotton production is projected to increase 6 per cent year over year to 22.5 million tons in 2015/16.

India has done reasonably well on the export front in spite of the global slowdown and Indian companies are entering new markets with the aid of the Exim Bank, according to Chairman and Managing Director Yaduvendra Mathur. He said India had fared much better than most countries on the export front.