by TEXTILE VALUE CHAIN | Nov 6, 2024 | apparel, Events Updates, Garment, Textile Industry
In comparison to a 15% decrease in the same period last year, apparel exports from India increased by 8.5% in the first half of the current fiscal year. Brands of India is operating at a time when foreign buyers are thinking about shifting 10% to 15% of their orders...
by TEXTILE VALUE CHAIN | Jun 3, 2024 | News & Insights, Textile Industry
The central bank in Bangladesh announced that all leather product firms in the country can now receive cash incentives for exporting goods from their own factories. Firms exporting goods produced in other companies’ factories are not eligible. Previously, only 100%...
by TEXTILE VALUE CHAIN | Mar 26, 2024 | Business & Policy, cotton industry, COTTON PRICE, In-Depth Analysis, Market Reports, News & Insights
Over the past three months, Indian cotton prices have remained competitive, enticing global buyers from countries like Bangladesh, China, and Vietnam to increase their imports of the fibre crop. The beginning of the 2023-24 season in October saw exports reaching 15...
by TEXTILE VALUE CHAIN | Mar 26, 2024 | Business & Policy, In-Depth Analysis, Market Reports, News & Insights
In a recent address, Ashwani Kumar, President of FIEO, projected that India’s merchandise exports are poised to touch $450 billion by the end of the current fiscal year despite hurdles like the Red Sea crisis. Kumar stressed the urgency of confronting the...
by TEXTILE VALUE CHAIN | Feb 16, 2024 | Apparel, Fashion & Retail, News & Insights, Textile Industry
During Jan’24, Indian Textiles Exports registered a growth of -1.18% over the previous year while Apparel Exports registered a degrowth of -3.46% during the same time period. Cumulative Exports of Textiles and Apparel during Jan’24 have registered a degrowth of...
by TEXTILE VALUE CHAIN | Aug 16, 2023 | Country Report, Market Reports
From January to July of 2023, our RMG export to the European Union (EU) has increased by 5.88% compare to the same period of 2022. During this period, our export to EU reached US$ 13.97 billion from US$ 13.19 billion in Jan-July 2022. Out of 27 countries in the EU...
by TEXTILE VALUE CHAIN | Aug 3, 2023 | Import/Export
~ The note points out that trade will play a crucial role in enhancing the welfare of any economy through growth and productive employment opportunities ~ Mumbai, August 02, 2023: CareEdge Ratings has published a knowledge paper titled ‘Trade: The Fulcrum of India’s...
by TEXTILE VALUE CHAIN | Jul 10, 2023 | Import/Export
Tamil Nadu’s exports are performing like never before. In FY23, the state’s exports of goods totaled $40.7 billion, an increase of 15.6% year over year. “This is significantly higher than the 6.9% growth rate recorded by India’s merchandise...
by TEXTILE VALUE CHAIN | Jul 8, 2023 | Import/Export, News & Insights, sustainable
NEW DELHI: According to a report by the United Nations Economic and Social Commission for Asia Pacific (UNESCAP), India is now outperforming all other South Asian nations in terms of trade facilitation. According to the Global Survey on Digital and Sustainable Trade...
by DIGITAL MEDIA EXECUTIVE | Jun 8, 2023 | Market Reports
The Comprehensive Economic Partnership Agreement (CEPA), which has been in effect for a year, will be discussed at a two-day meeting between senior government representatives from India and the UAE starting on June 11. A person with knowledge of the situation stated...
by DIGITAL MEDIA EXECUTIVE | Jun 3, 2023 | Finance & Economy
A free trade agreement (FTA) with the United Kingdom, which goes into force today, is expected to provide major financial benefits to New Zealand firms. The agreement’s start date was announced by Prime Minister Chris Hipkins, who cited it as one of the seven...
by DIGITAL MEDIA EXECUTIVE | Jun 1, 2023 | News & Insights
In the first four months of this year, Vietnam’s exports to the Association of Southeast Asian Nations (ASEAN) were $10.85 billion, or 10% of all exports from the nation. The statistic represented a decrease of 4.7% year over year, which was modest given the...
