by DIGITAL MEDIA EXECUTIVE | Apr 28, 2023 | Import/Export
According to Arvind Virmani, a member of NITI Aayog, free trade agreements with industrialised nations will make it much easier for India to join the supply chains of multinational corporations and will dramatically increase exports. The global inflation and oil...
by TEXTILE VALUE CHAIN | Apr 26, 2023 | Import/Export
MUMBAI, April 26 2023: Poised to become an important event in the international plastic events calendar, Plexconnect 2023 has already received confirmation from 380International buyers from over 63 countries. Trade delegations from several countries, including...
by DIGITAL MEDIA EXECUTIVE | Apr 24, 2023 | Garment
The extension of working hours to 12 from 8 has been welcomed by Tiruppur’s garment exporters, who claim that it will make Tamil Nadu an appealing location for investments. Sakthivel, president of the Federation of Indian Export Organisations, and KM...
by DIGITAL MEDIA EXECUTIVE | Apr 24, 2023 | Textile Articles
More than half of India’s knitwear exports come from the Tirupur cluster, Asia’s largest textile export centre, and have been impacted by the downturn in its important markets including the US and the European Union (EU). Industry sources reported that the...
by DIGITAL MEDIA EXECUTIVE | Apr 19, 2023 | Corporate Update
Pithampur, Madhya Pradesh, 19 April 2023: Shakti Pumps (India) Limited (herein referred to as “Shakti Pumps”), a leading manufacturer of stainless-steel submersible solar pumps, pressure booster pumps, pump-motors, controllers, and inverters among other products, has...
by DIGITAL MEDIA EXECUTIVE | Apr 17, 2023 | Textile Articles
Both domestically and internationally, the textile market has been impacted by viscose and polyester contamination of cotton. Due to historically high cotton prices and a lack of cotton supply last year, many spinning companies were obliged to combine viscose and...
by DIGITAL MEDIA EXECUTIVE | Apr 17, 2023 | cotton industry, COTTON PRICE
MARKET OUTLOOK Today, trading has started with a decline due to heavy fall in Share Market IT stocks. Today, the BSE Sensex opened at a level of 59913.24 points with a fall of 517.76 points. Today, the rupee opened at a level of Rs 82.89 against the dollar with a...
by DIGITAL MEDIA EXECUTIVE | Apr 11, 2023 | Corporate Update
Following concerns from the domestic industry, the investigative branch of the commerce ministry, DGTR, has opened a review of the necessity of maintaining the anti-dumping tariff on flax yarn imported from China. Before the Directorate General of Trade Remedies...
by DIGITAL MEDIA EXECUTIVE | Apr 11, 2023 | Finance & Economy
The Director General of Foreign Trade (DGFT) gave a presentation on the highlights of the most recent policy while announcing the new Foreign Trade Policy 2023 (FTP). The highlights were subsequently posted on the DGFT website. However, the FTP’s fine print...
by DIGITAL MEDIA EXECUTIVE | Apr 10, 2023 | Trade Analysis
India’s new Foreign Trade Policy (FTP) differs significantly from prior trade policies in a number of respects, making it dynamic, adaptable, and forward-thinking in its response to the ever-changing needs of global commerce and our trading community. The...
by DIGITAL MEDIA EXECUTIVE | Apr 5, 2023 | E-commerce
The Foreign Trade Policy (FTP) 2023 that was unveiled last week, according to the Synthetic and Rayon Textiles Export Promotion Council, was pragmatist and forward-thinking. A huge number of textile exporters from the MSME sector would be encouraged to enter the...
by DIGITAL MEDIA EXECUTIVE | Apr 5, 2023 | apparel, Market Reports
According to OTEXA, the USA imported a total of 9.74 billion dollars’ worth of apparel from Bangladesh in 2022. With around 10% market share, Bangladesh remains the third biggest apparel importing country for the USA. USA’s import from Bangladesh has grown by 36.38%...
