by TEXTILE VALUE CHAIN | Jun 21, 2023 | Finance & Economy, News & Insights
Highlights: The index of economic activity (CEM) grew at a 4-month high pace of 11% in May. Sequentially, the index rose to 118.4 in May from 111.9 a month ago. Positive contributions came from PMI-M, PMI-S, GST collections, E-way bill issuances, credit offtake,...
by TEXTILE VALUE CHAIN | Jun 15, 2023 | Finance & Economy, News & Insights
India’s industrial production recorded a growth of 4.2% in April rebounding from a growth of 1.8% in the previous month. The IIP growth during the month has come much better than our estimate of around 1% growth. Encouraging performance in the mining and manufacturing...
by DIGITAL MEDIA EXECUTIVE | Jun 10, 2023 | Textile Industry
Since Telangana’s creation, there has been a notable increase in employment prospects in the district that was once known as Warangal. With an impressive investment of Rs. 5,960 crore, 1,825 large industrial units have been built in the district as a result of...
by DIGITAL MEDIA EXECUTIVE | Jun 10, 2023 | Textile Technology
Oerlikon Neumag will present its innovative EvoSteam method, which many process experts believe could enable the creation of more sustainably produced staple fibres in the future, to interested trade visitors at this year’s ITMA in Milan. It will also debut a...
by DIGITAL MEDIA EXECUTIVE | Jun 7, 2023 | Textile Technology
The Plastics Industry Association (PLASTICS) has released an official analysis on inflation and its impact on the economy, authored by PLASTICS Chief Economist, Dr. Perc Pineda. Dr. Pineda writes, “Despite some expectations for a possible pause from the Fed, the...
by DIGITAL MEDIA EXECUTIVE | Jun 7, 2023 | Trade Analysis
With a view to improving bilateral trade, business opportunities and relationship between India and Bangladesh, an interactive session was organised with entrepreneurs in the city at the Mepco Mini Auditorium of Tamil Nadu Chamber of Commerce and Industry in Madurai...
by DIGITAL MEDIA EXECUTIVE | Jun 6, 2023 | Finance & Economy
The US consumer confidence index decreased in May 2023 from an upwardly revised 103.7 in April to 102.3 (1985=100). The present situation index, which is based on consumers’ assessments of the current state of the economy and labour markets, dropped from 151.8...
by DIGITAL MEDIA EXECUTIVE | Jun 3, 2023 | Environment/Ecosystem
Dr. Perc Pineda, Chief Economist of PLASTICS, has published an analysis on recyclable plastic materials for the Plastics Industry Association (PLASTICS). As officials gather in France to address the worldwide crisis of plastic waste, the economic analysis takes into...
by DIGITAL MEDIA EXECUTIVE | Jun 1, 2023 | Trade Analysis
According to Sanjay Budhia, chairman of the CII Committee on EXIM, the German economy is currently experiencing a recession, which is anticipated to have an influence on India’s exports to Germany in a variety of industries, including chemicals, machinery,...
by DIGITAL MEDIA EXECUTIVE | Jun 1, 2023 | News & Insights
Istat reports that Italy’s consumer confidence index decreased little this month, falling from 105.5 to 105.1. The only component that improved, from 119.0 to 119.8, was the economic situation. The current climate, the future climate, and the personal climate...
by DIGITAL MEDIA EXECUTIVE | Jun 1, 2023 | Finance & Economy
According to the African Development Bank’s (AfDB) 2023 African Economic Outlook, Africa is anticipated to have the second-fastest growth rate in the world, after Asia, between 2023 and 2024, a tribute to its economic resiliency in the face of numerous global...
by TEXTILE VALUE CHAIN | May 31, 2023 | Finance & Economy, News & Insights
After reporting healthy growth with a quarterly average of 8.9% in 2022, the Mauritian economy is expected to witness a slowdown in 2023. The National Statistics Office and Bank of Mauritius expect real GDP growth to slow to 5% in 2023, on account of waning momentum...
