Search Results: apparel exports (1174)

India’s textile export declined in 2016 for a consecutive year, due to weak global demand and the country’s competitiveness getting blunt

Gokaldas Exports will set up four apparel manufacturing units in Andhra Pradesh. The units, which are likely to be ready in four years, are expected to entail an investment of Rs 200 crore.

Exports from Bangladesh, particularly of garment items, will face further tariff competition in the US market if Donald Trump, the President-elect, implements his plan of border tax, one of his major campaign promises.

Cambodia’s apparel and footwear industries are thriving, but that could change in light of several factors related to Brexit and the country’s overall economic growth, according to a bulletin by the International Labor Organisation. Cambodia’s garment and footwear industries accounted for 11 per cent of the economy in 2015.

Thanks to the demonetisation, the Indian textile and apparel industry has lost 30-40 per cent of business. Apparel sale in domestic markets had stopped in the initial days and recovered gradually. Consumers continue to face liquidity tightness, resulting in deferring of purchase.

Of the total €81 billion import of clothing from 28 countries to the European Union, 77 per cent is from Asia, which is almost double of what came out of Asia just 10 years ago. In the last 10 years, clothing import from the EU grew €32 billion with €30 billion coming from Asia alone.

Thanks to the demonetisation, the Indian textile and apparel industry has lost 30-40 per cent of business. Apparel sale in domestic markets had stopped in the initial days and recovered gradually.