The post-COVID world – with a realignment of geopolitical relations – presents a chance to India to reclaim its top position in the global textile market.…
Browsing: garment exports
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) urged the EU to continue providing trade benefits to Bangladesh for 12 years after the country’s graduation to a developing nation in 2026
The continuation of RoSCTL scheme would provide a stable and predictable policy regime, allowing exporters to negotiate well in a highly competitive global market, stated ASSOCHAM President, Vineet Agarwal.
The apparel exporters in Noida are experiencing a comeback of the export orders as the western nations are slowly opening up after the effects of the pandemic. Noida has around 3,000 apparel manufacturing units.
The provisional data of the Cotton Textiles Export Promotion Council revealed that the exports of readymade garments and manmade textile declined by 20.78% and 21.20%, respectively. The final data is expected by May end.
In this interview, Ashwin Chandra, Chairman, The Southern India Mills’ Association (SIMA), delves into challenges ailing the spinning industry.
ICRA, a leading rating agency, said that the textile industry’s performance will go back to pre-COVID levels in the next fiscal year owing to increase in demands from the domestic as well as export markets.