Indian textiles and clothing industry has been facing several challenges especially on raw material front and could not achieve the envisaged potential growth rate both in the international and domestic markets.
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India is the 4th market in the Asia-Pacific region for Italian export. As the Export Credit Agency (ECA) of Italy, SACE works alongside Italian exporters and Indian importers to support business between them. We foresee this partnership only becoming stronger over the next several years, says Gautam Bhansali, Head – India & South Asia, SACE. In this interview with Rakesh Rao, Gautam Bhansali elaborates on innovative financing solutions provided by SACE to facilitate exports from Italy to India.
Cotton prices have remained volatile for quite some time. The textile industry has raised the issue of rising domestic cotton prices with the government. If raw material prices continue to remain elevated for an elongated period, it can negatively impact margins for yarn manufacturers, says Pulkit Agarwal, Associate Director, CARE Ratings. In this interview, he analyses the fibre and yarn market against background of rising input costs and recent policy announcements (like of the Government of India.
India is the 4th market in the Asia-Pacific region for Italian export. As the Export Credit Agency (ECA) of Italy, SACE works alongside Italian exporters and Indian importers to support business between them. We foresee this partnership only becoming stronger over the next several years, says Gautam Bhansali, Head – India & South Asia, SACE. In this interview with Rakesh Rao, Gautam Bhansali elaborates on innovative financing solutions provided by SACE to facilitate exports from Italy to India.
According to the traders, the cotton prices have been lifted to an 11-year high of Rs14,500/40kg due to dwindling supplies and delayed imports.
According to the traders, the cotton prices have been lifted to an 11-year high of Rs14,500/40kg due to dwindling supplies and delayed imports.
According to CARE Ratings, cotton-based textile products emerge as a clear winner with additional incentives of Rs 750-850 crore in the new rates of rebate under RoDTEP.