by TANVI_MUNJAL | Nov 19, 2023 | Finance & Economy, News & Insights
India’s top 10 export destinations have shown mixed performance during the period of April-October in the financial year 2023-24, according to recent data released by the commerce ministry. Among these destinations, the Netherlands, the UK, and Australia have...
by Manali bhanushali | Jun 28, 2021 | Industry And Cluster, News & Insights
Increased local production and diverse imports fill the void. The amount of Australian cotton that went through Chinese customs clearance remained low, while price quotation and purchase remained sluggish for the commodity, as Chinese firms became wary of importing...
by Manali bhanushali | Jun 25, 2021 | Industry And Cluster, News & Insights
The quantity of Australian cotton that passed Chinese customs clearance remained low, while price quotation and purchasing were sluggish for the commodity. Chinese businesses had become cautious about importing Australian cotton amid the two countries’ cooling...
by Manali bhanushali | Jan 5, 2021 | Industry And Cluster, News & Insights
Manufacturing activities expanded further in December as the Purchasing Managers’ Index (PMI) moved a tad higher to 56.4 in the last month of calendar 2020. It was 56.3 in November. However, the bad news is that job shedding continued for nine months. This is...
by G.Thulessiraman | Sep 17, 2020 | Industry And Cluster, News & Insights
India has been looking out for building relations and partnerships in the Indo-Pacific for the purpose of embarking a new series of joint military exercises with France and Australia nations. They have deep interests in the southern Indian Ocean. This step if taken up...
by Neha | Aug 23, 2020 | Global Textiles, Textile Articles
Australia, the smallest continent and one of the largest countries on Earth, lying between the Pacific and Indian oceans in the Southern Hemisphere. Australia’s capital is Canberra, located in the southeast between the larger and more important economic and cultural...
by G.Thulessiraman | Aug 19, 2020 | Industry And Cluster, News & Insights
India, Japan and Australia have begun discussions on launching a trilateral Supply Chain Resilience Initiative (SCRI). This launch has a motive of reducing dependency on China, necessitated by Beijing’s aggressive political and military behavior. This initiative was...
by Millionaires | Jul 24, 2020 | Industry And Cluster, News & Insights
Amidst the temporal cessation of production, manufacturing and retail brick-and-mortar activity, there’s no denying that the COVID-19 virus has blanketed all levels of the apparel and textiles supply chain in doom and gloom while the industry adapts to...
by Millionaires | Jul 15, 2020 | Industry And Cluster, News & Insights
Australia and South Africa enter the annual winter auction recess this week with their wool markets on a firm note, providing a glimmer of hope that when auctions resume in August things may be a little better. In both countries, wool prices rose by 1.8 per...
by Millionaires | Jul 14, 2020 | Industry And Cluster, News & Insights
Australia’s wool industry has urged caution as politicians seek to steer exporters away from an over-reliance on China. A parliamentary committee is holding hearings on Tuesday and Wednesday as it examines how to diversify Australia’s trade and...
by Millionaires | Jul 8, 2020 | Industry And Cluster, News & Insights
Despite a 12 per cent decrease from the previous season attributed to trade tensions with the US and a slowdown in manufacturing during the COVID-19 containment, China is expected to remain the world’s largest importer of cotton lint and import 1.8 million...
by Millionaires | Jul 6, 2020 | Industry And Cluster, News & Insights
Bangladesh is the largest importer of cotton in the world. The US$8 billion primary textile sector is moving away from importing Indian cotton. Last year, 41% of imported cotton came from East and West African countries. The African cotton is better in...