MARKET & ECONOMY​

The India?s Ministry of Skill Development and Entrepreneurship (MSDE) and the Ministry of Textiles signed a memorandum of understanding (MoU) to develop the Indian handloom industry with skill development. MSDE and the textiles ministry have chalked out a new strategy for promoting production and marketing of high value quality handloom products. At present, 28 Weavers Service Centres (WSCs) across the country are providing technical assistance to handloom weavers, which are the nodal agency for carrying out skill up-gradation training in the sector.

The India?s Ministry of Skill Development and Entrepreneurship (MSDE) and the Ministry of Textiles signed a memorandum of understanding (MoU) to develop the Indian handloom industry with skill development. MSDE and the textiles ministry have chalked out a new strategy for promoting production and marketing of high value quality handloom products. At present, 28 Weavers Service Centres (WSCs) across the country are providing technical assistance to handloom weavers, which are the nodal agency for carrying out skill up-gradation training in the sector.

The India’s Ministry of Skill Development and Entrepreneurship (MSDE) and the Ministry of Textiles have signed a memorandum of understanding (MoU) to develop the Indian handloom industry with skill development.

Surat, which is famed to house India’s largest man-made fabric (MMF) hub, is in for bad times with the Indian Finance Ministry’s decision to impose definitive anti-dumping duty on purified terephthalic acid (PTA) imports from China, Iran, Taiwan, Indonesia and Malaysia.

The Indian Government has imposed anti-dumping duty (ADD)—ranging between $0.180 and $0.194 per kg—on viscose staple fibre (VSF) imports from China. The Finance Ministry has announced levying of ADD ranging from $0.103 to $0.512 per kg on VSF imports from Indonesia.

Most global brands doing business in Bangladesh have decided to stay put in the country. Serial attacks on the foreigners by the Islamist extremists have not deterred them from continuing business, and they have emphasised their willingness to buy products from Bangladesh?s garment sector.

Most global brands doing business in Bangladesh have decided to stay put in the country. Serial attacks on the foreigners by the Islamist extremists have not deterred them from continuing business, and they have emphasised their willingness to buy products from Bangladesh?s garment sector.