by DIGITAL MEDIA EXECUTIVE | May 29, 2023 | Import/Export
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 | May 25, 2023 | News & Insights
Texprocil and Southern India Mills’ Association (SIMA) have expressed their condolences following the passing of renowned industrialist Karumuttu T. Kannan on Tuesday in Madurai. “The textile business has suffered a great loss with Kannan’s passing....
by DIGITAL MEDIA EXECUTIVE | May 22, 2023 | Import/Export
The EU’s recent adoption of a deforestation legislation will have an impact on India’s 1.3 billion USD yearly exports of goods to the EU, including coffee, leather skins, and paperboard, according to a report by the economic think tank GTRI on Thursday....
by DIGITAL MEDIA EXECUTIVE | May 20, 2023 | cotton industry, COTTON PRICE
There is a trend of recessions which is going on the global economy across the world. Thi has increased the cotton process adversely and affected exports in the textile value chain completely. According to data furnishied by Confederation of Indian Textile Industry...
by DIGITAL MEDIA EXECUTIVE | Apr 21, 2023 | cotton industry, COTTON PRICE
According to the industry’s monthly revision, India’s cotton production has been further down to 303 lakh 170 kg bales. It is important to note that India’s estimated cotton production for the marketing year 2022–2023 (October–September) is now lower...
by DIGITAL MEDIA EXECUTIVE | Apr 21, 2023 | Import/Export
According to exporters, the nation’s merchandise exports are anticipated to surpass $500 billion this fiscal year as a result of strong demand for local products in important international markets, such as the United States, and advantages from trade agreements....
by DIGITAL MEDIA EXECUTIVE | Apr 20, 2023 | cotton industry, Finance & Economy
The Indian government has been petitioned by the textile sector to waive the 11% import charge on cotton. The levy on cotton imports was established by the Indian government three years ago. At the time, it made sense because Indian cotton was less expensive than...
by DIGITAL MEDIA EXECUTIVE | Apr 20, 2023 | Business & Policy
According to Gautam Hari Singhania, chairman and managing director of Raymond Ltd., which is involved in the real estate and leisure industries among other things, the company plans to increase exports by up to 25%. He stated, “Exports are going well. “The...
by DIGITAL MEDIA EXECUTIVE | Apr 20, 2023 | Finance & Economy
Global Overview Dollar Index The dollar index depreciated 2% in the last month after a series of bank runs and economic data releases indicated that the Federal Reserve would choose to take its foot off the pedal sooner than previously expected. US Fed hiked...
by DIGITAL MEDIA EXECUTIVE | Apr 19, 2023 | Textile Articles
According to AEPC, the textile and apparel industry in India would have robust growth in both manufacturing and exports with the support of sound investments, innovation, and integration with value chains. According to Mithileshwar Thakur, the newly appointed...
by DIGITAL MEDIA EXECUTIVE | Apr 18, 2023 | cotton industry, COTTON PRICE
MARKET OUTLOOK Today, the rupee opened at a level of Rs 82.00 against the dollar with a weakness of 3 paise. On the other hand, on Monday, the rupee closed at a level of Rs 81.97 against the dollar with a weakness of 12 paise. ISLAMABAD: Pakistan textile exports...
by DIGITAL MEDIA EXECUTIVE | Apr 17, 2023 | PRICE REPORT
The 11–13 April trip to Paris and Rome by Union Minister of Commerce and Industry Piyush Goyal is very important. The G20 is now being presided over by India, which also just finished its fourth round of free trade agreement discussions with the EU (FTA). After...
