Browsing: textile exports

The garment industry of Combodia earns 80 per cent of Cambodia’s foreign exchange earnings and employs an estimated 350,000 people in more than 300 factories.

According to a KMPG report, FDI equity inflow in the Indian textile and clothing (T&C) sector has surged 16 per cent in FY 2015-16 over FY 2013-14.

The Textiles Minister Smriti Irani presented the AEPC Export Awards 2015-16 in 22 categories. The awards were divided into multiple categories and the key awards were given to Shahi Exports, Orient Craft, Gokaldas Exports, (Bangalore).

Vietnam’s textile and garment exports this year are estimated to reach $28.5 billion, meeting roughly 92 per cent of the set plan due to market difficulties, the Vi?t Nam Textile and Apparel Association (Vitas) reports.

From January 2017, all units in India across the textile value chain, except handloom, khadi and jute, will have to register online and provide data on production.

The Union Cabinet Chaired by the Prime Minister approved certain reforms to boost employment generation and exports in the made-ups sector that has been facing challenges in the international market due to high costs of production, non-refund of State levies, high tariff barrier when compared to the competing nations such as Pakistan, Vietnam, etc.

During the first nine months of the current year, Indian apparel exports have declined by (-) 0.08 per cent to $2,876.59 million as compared to $2,878.79 million in the corresponding period last year. I