According to The Apparel Export Promotion Council (AEPC), the supply chain imbalance can be prevented by a probe into the sudden spike in cotton yarn prices.
Search Results: apparel exports (1189)
Madurai small textile store owners have asked the government to allow them to operate for few hours on a daily basis so that they can come out of their financial problems.
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.
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.
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.