The value-added textile exporters seem to be dissatisfied with the Federal budget as not enough relief has been given to the zero-rated regimes.
Search Results: apparel exports (1172)
As per the report by SIDBI-CRIF, the Indian textiles and apparels industry has availed credit of Rs 1620 billion as of December 2020. As on this date, the active loans stood at 426 thousand.
As the global demand is picking up and global players are diversifying their supply chain, it is expected that Indian exports will show a gradual improvement in the next 2 years, says India Ratings & Research (Ind-Ra).
Listed textile and garment makers in Bangladesh are facing low profits and sales due to the ongoing COVID-19 pandemic. However, spinners and yarn makers are performing well by taking advantage of the price hike of yarn.
The pandemic situation has adversely affected industries and workers in Vietnam. According to the reports, four industrial parks Van Trung, Quang Chau, Dinh Tram, and Song Khe – Noi Hoang have been shut down in Bac Giang.
US consumers are shopping for summer wear, with relaxed COVID-19 restrictions and vaccinations. Analysts believe the pent-up demand for apparel and accessories will benefit Poshmark in the second quarter of 2021.
Tamil Nadu government has made certain announcements for Micro, Small and Medium-scale Enterprises (MSMEs) that have been accepted by the industries in Tirupur and Coimbatore. He also assured vaccination for workers.