by Manali bhanushali | May 20, 2021 | Industry And Cluster, News & Insights
Global recovery has aided the recent jump in merchandise exports, exporters said, adding that their profit margins could remain under pressure. Merchandise exports nearly trebled in April to $30.63 billion over the same period last year. They grew 17.62 per cent...
by Manali bhanushali | May 3, 2021 | Fibres and Yarns, News & Insights
The over 60% increment in cotton yarn cost for the last most recent two months has influenced home material exporters in Karur area. With a yearly turnover of Rs 5,000 crore, these material units have requested that the public authority direct yarn trade and loosen up...
by Manali bhanushali | Feb 15, 2021 | Industry And Cluster, News & Insights
Even after 45 days of rolling out the new scheme to refund taxes and duties paid by exporters, the finance ministry is yet to decide on the rates, amid a slugfest with the commerce department, which is keen to ensure that the new mechanism does not impact those...
by Manali bhanushali | Feb 13, 2021 | Finance & Economy, News & Insights
Even as the government has come out with a timeframe to process and give tax refunds under the indirect tax framework, many exporters complain of continuing delays and some are exploring legal options as they face cash flow issues. Many of them have reached out to the...
by Manali bhanushali | Feb 10, 2021 | Covid 19, News & Insights
The three-layer mask is innovative, comfortable and above all self-sanitizing NEW DELHI – The coronavirus has changed the very way in which we lead our lives, forcing us to venture out only when necessary, making us connect with friends and family mostly digitally, as...
by Manali bhanushali | Jan 4, 2021 | Finance & Economy, News & Insights
Even as the government has come out with a timeframe to process and give tax refunds under the indirect tax framework, many exporters complain of continuing delays and some are exploring legal options as they face cash flow issues. Many of them have reached out to the...
by Manali bhanushali | Dec 29, 2020 | Finance & Economy, News & Insights
Exporters have raised their concerns regarding changes in GST rules as they believe that these changes will give more powers to departmental officers; they now feel it has set alarm bells ringing for assesses, and should be now extremely cautious while doing GST...
by Manali bhanushali | Dec 28, 2020 | Industry And Cluster, News & Insights
Mumbai Date 29tth January 2020 – Exporters from India are facing huge shortage of containers for exports. “The situation is becoming very serious as exporters are finding it difficult to adhere to shipment schedules which is a matter of serious concern ” said,...
by TEXTILE VALUE CHAIN | May 23, 2020 | Industry And Cluster, News & Insights
The extension of the RBI deadline for pre-post-shipment export credit sanctioned by banks with a 40 basis point reduction in the repo policy rate will ease the exporters’ woes, but the problem is more, creating an existential crisis for the export sector Is doing, the...
by TEXTILE VALUE CHAIN | May 15, 2020 | Finance & Economy, Industry And Cluster, News & Insights
Apparel makers are slowly resuming the productions of ready-made garments for the export markets even as they are facing making hurdles like cancellations and changes in orders, payment problems or lack of new orders. “About 15-20% of the over 8,000 apparel exporters...
by TEXTILE VALUE CHAIN | May 11, 2020 | Industry And Cluster, News & Insights
The pandemic situation is going through to e-commerce – due to covid 19 Like other sector of non essential items, E-Commerce sector also suffer a lot of problem which directs through the financial crises in upcoming days . As The government of India announces the...
by TEXTILE VALUE CHAIN | Mar 16, 2020 | Industry And Cluster, News & Insights
· Indian apparel exporters are passing through testing times, with several challenges lurking internally as well as externally · Scaling up of operations, while maintaining strict delivery schedules and meeting stringent compliance requirements of buyers in a...