Export orders from Tiruppur had decreased over the past three years as two major buyers, the US and Europe, had reduced their purchases due to a…
Browsing: Russia-Ukraine war
Despite India’s initiatives to reduce dependence on China through schemes like the production-linked incentive scheme and quality control orders, the reliance on China saw a rise.…
The primary reason cited for the park’s closure is a decline in the prices of raw materials, specifically cloth, in the national market. The Sircilla Textile…
The decline in textile exports was attributed to the combination of weak demand and high prices of cotton. It was reported that the recession in the…
Segment contributed 7.95 % to the export of products, down from 9.8 % in FY22. Exports of clothing and textiles decreased 13.9% in 2022–2023 compared to…
The current market situation faces headwinds manifested in key macroeconomic trends such as inflation, soaring energy prices, continued effects of the coronavirus and the prolonged war…
Pranav Chaudhry and Aditya Rajyan analyse the Indian textile & apparel industry’s standing amid the changing market scenario and how it can emerge as a global…