by TEXTILE VALUE CHAIN | Apr 13, 2024 | Business & Policy, News & Insights
The Ministry of Commerce in India is gearing up to seek an additional five-year extension of the Interest Equalisation Scheme on pre- and post-shipment rupee export credit to bolster the country’s exports, as revealed by an official statement. The current...
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 | News & Insights
The trajectory of India’s merchandise trade has been rocky for some time. In the midst of this, FY24 has started out somberly. Exports of goods were modest in April, falling sharply by 12.7% year over year (y-o-y). However, imports also suffered a heavy blow,...
by DIGITAL MEDIA EXECUTIVE | May 17, 2023 | Business & Policy
According to the data of the commerce ministry, the Netherlands has become India’s third-largest export destination after the US and the UAE during 2022–2023 as a result of an increase in the shipment of goods including petroleum products, electronic items,...
by DIGITAL MEDIA EXECUTIVE | May 10, 2023 | Garment
The value of US imports of textiles and clothing has continued to shrink, decreasing by 19.98% to $25.874 billion in the first three months of 2023 from $32.331 billion in the corresponding period of 2022. With a 23.78% market share, China continues to be the...
by DIGITAL MEDIA EXECUTIVE | Apr 18, 2023 | Country Report
In fiscal 2022–23 (April 2022–March 2023), readymade garment (RMG) exports from India climbed by 1.10 percent to $16,191.47 million. This is according to data given by the department of commerce within India’s ministry of commerce and industry. The value of RMG...
by DIGITAL MEDIA EXECUTIVE | Apr 17, 2023 | News & Insights, PRICE REPORT
A jump in the shipment of mobile phones has led to an increase in exports of electronics, which have surpassed readymade textiles, a longstanding pillar of Indian exports. According to the most recent data from the department of commerce, electronics exports increased...
by DIGITAL MEDIA EXECUTIVE | Apr 14, 2023 | COTTON PRICE, Yarn Price
According to Volza’s data on Indian exports, 657.4K worth of cotton, yarn, fabric, and weaving products were shipped from India to Bangladesh by 9,059 Indian exporters to 9059 Bangladesh buyers. India is the world’s top exporter of cotton, yarn, for...
by DIGITAL MEDIA EXECUTIVE | Apr 4, 2023 | Textile Articles, Trade Analysis
Under the new Foreign Trade Policy (FTP), which also envisions the formation of a “whole of government” ministerial panel to address the complaints of small exporters, exporters may soon be able to obtain insurance coverage for some losses incurred as a...
by DIGITAL MEDIA EXECUTIVE | Mar 31, 2023 | Import/Export
The Foreign Trade Policy, which will be unveiled on Friday in the midst of a sustained decline in exports of products and a slump in global demand, is likely to emphasise more coordinated government support for export growth while forgoing the implementation of any...
by DIGITAL MEDIA EXECUTIVE | Feb 28, 2023 | Fashion
The Good Fashion Fund’s USD 4.5 million investment in Pratibha Syntex will be used to replace machinery in the spinning, processing, and garmenting divisions, as well as provide new equipment for the expansion of their activities and facilities. “Pratibha...
by DIGITAL MEDIA EXECUTIVE | Feb 27, 2023 | Import/Export, Trade Analysis
Ensure easy cargo movement on both sides to support unhindered commerce growth. According to Sahai, other countries, particularly our main export destinations, need to have access to this innovative technology to guarantee that shipments are processed swiftly on both...
