by DIGITAL MEDIA EXECUTIVE | Apr 28, 2023 | Environment/Ecosystem
According to a study by London-based independent energy think-tank Ember, almost all the European Union (EU) member states cut their electricity usage over the winter, however few did so to the voluntary 10% reduction target established by emergency EU legislation. In...
by DIGITAL MEDIA EXECUTIVE | Apr 25, 2023 | News & Insights
The GEP Global Supply Chain Volatility Index research indicates that global supply chains are presently working more effectively than they have in a number of months. The indicator decreased from 0.48 in February 2023 to 0.32 in March 2024, reflecting the lowest level...
by DIGITAL MEDIA EXECUTIVE | Apr 19, 2023 | Finance & Economy
According to the Italian National Institute of Statistics (Istat), the monthly rate of change for the Italian consumer price index for the entire nation (NIC) was minus 0.4% in March 2023, indicating that Italy’s inflation rate was beginning to drop down. In...
by DIGITAL MEDIA EXECUTIVE | Apr 19, 2023 | cotton industry
India may soon cease being a net exporter of cotton in light of its high consumption, according to Atul Ganatra, President of the Cotton Association of India. As shipments slow, cotton costs, which currently range between 62,500 and 63,000 per sweet, are anticipated...
by DIGITAL MEDIA EXECUTIVE | Apr 19, 2023 | cotton industry, COTTON PRICE
MARKET OUTLOOK The Southern India Mills’ Association has appealed to the Central government to exempt cotton from 11% import duty till October this year. Cotton yarn prices in north India remain stable, despite weak demand from the downstream industry. Textile exports...
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 | Import/Export
The dynamics of India’s exports are depicted in soft terms by recent data. Exports of goods have decreased in the past three of the last four months. The March contraction was sharp, coming in at a 13.9% year-over-year decrease. A high base may contribute to the...
by DIGITAL MEDIA EXECUTIVE | Apr 14, 2023 | Business & Policy
The PM delivered a clear message to the industry, urging it to adopt cutting-edge technologies, up its game, and put quality first. He added that exporters and the government had to move together. In this vein, the ministry of business and industry frequently engages...
by DIGITAL MEDIA EXECUTIVE | Apr 14, 2023 | cotton industry
MARKET OUTLOOK According to Agriculture Ministry data, India’s cotton production increased to 33.72 million bales (of 170 kg each bale) in 2022-23 crop year (July-June) against 31.12 million bales year before. India’s cotton exports are expected to slide sharply...
by DIGITAL MEDIA EXECUTIVE | Apr 5, 2023 | Finance & Economy, Market Reports
The Ebitda margins of micro, small, and medium-sized enterprises (MSMEs) will remain between 10-15% below the pre-pandemic level even in FY24 due to the high prices of commodities like crude oil and steel combined with the inability to pass these costs on, according...
by DIGITAL MEDIA EXECUTIVE | Apr 5, 2023 | Interview, Interviews
Mr. Harvinder Singh, Director, Amar Jacquard in an exclusive interview with Textile Value Chain speaks at length about the company and industry at SITEX 2023. What products are you exhibiting today? And how’s the response to the stall? We are manufacturers of high...
by DIGITAL MEDIA EXECUTIVE | Apr 4, 2023 | Finance & Economy
The fragile post-pandemic recovery is in jeopardy as a result of the Russia-Ukraine conflict, which has been raging for more than a month with no signs of de-escalation. Indian policymakers are searching for the best weapons to counter this threat and address the new...
