Factors such as global supply chain disruptions, rising raw material costs, and intense competition from other manufacturing hubs have dampened the sector’s performance. In the midst…
Browsing: exporters
The Union-Minister for Textile & Commerce, Piyush Goel and Union Minister for Information & Broadcasting, Anurag Thakur declared that Government of India has approved disbursal of Rs 560 billion arrear to the exporters under various schemes such as MEIS, RoSL, RoSCTL and RoDTEP.
According to the industry insiders, as the prices of yarn are increasing, the buyers are not ready to increase the product prices due to which they are losing orders.
According to the report, the home textile exporters are going to show growth at a rate of around 20-25% in 2021-22 with healthy margins.
Readymade garment exporters are going to seek stimulus packages from the government once again after the on-going strict restrictions on public movement.
According to AEPC, the decision to extend the interest equalisation scheme for shipment rupee export credit for the next three months will help the sector.
According to AEPC, the decision to extend the interest equalisation scheme for shipment rupee export credit for the next three months will help the sector.