by DIGITAL MEDIA EXECUTIVE | May 4, 2023 | Corporate Update
According to the latest Manufacturing ISM® Report On Business® from the nation’s supply executives, the manufacturing sector’s economic activity shrank in April for the sixth consecutive month after 28 months of gain. Timothy R. Fiore, CPSM, C.P.M., Chair...
by DIGITAL MEDIA EXECUTIVE | May 4, 2023 | cotton industry
INSIGHTS The requirement to fumigate cotton sent into Bangladesh from the Western Hemisphere and the United States has been reinstated by the country’s trade ministry. The change is predicted to hurt export competitiveness by lengthening lead times and...
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 11, 2023 | Import/Export, Trade Analysis
The Central Board of Indirect Taxes and Customs (CBIC) on Thursday announced temporary assistance for business owners having trouble using the automated payment system that went live on April 1 to pay import duties. As of right now, the government has permitted a...
by DIGITAL MEDIA EXECUTIVE | Apr 4, 2023 | Trade Analysis
India’s Foreign Trade Policy (FTP) promotes rupee-based trade settlements and aspires to export $2 trillion worth of goods and services by 2030. The strategy, which will go into effect on April 1, aims to increase India’s exports and participation in the...
by DIGITAL MEDIA EXECUTIVE | Mar 25, 2023 | Product Report
Ahmedabad, 23rd March 2023: Man Industries (India) Limited, one of India’s leading Large Diameter API Pipe Manufacturing Companies, has inaugurated their new ERW Line Pipe Plant in Anjar, Gujarat. The Company has also started production at the new plant, thereby...
by DIGITAL MEDIA EXECUTIVE | Mar 20, 2023 | In-Depth Analysis
The expansion in exports this year was partially powered by rising oil and other commodity costs, which quickly increased as demand rebounded, even though several products, including as vehicles and rice, saw considerable volume gains despite prices not witnessing a...
by DIGITAL MEDIA EXECUTIVE | Mar 17, 2023 | Product Report
According to a market research report, the “Water Blocking Tapes Market by Conductive Type (Conductive, Semi-conductive, Non-conductive), Application (Optical Fiber cable, Submarine cable, Power cable Communication cable) and Region (North America, Europe,...
by DIGITAL MEDIA EXECUTIVE | Mar 16, 2023 | Corporate Update, Product Report
Kolkata, March 15, 2023: Ramkrishna Forgings Limited (“Company”), one of the leading suppliers of rolled, forged, and machined products, in consortium with Titagarh Wagons Limited has been declared the Lowest Bidder (L1) by the Ministry of Railways for manufacturing...
by DIGITAL MEDIA EXECUTIVE | Mar 1, 2023 | Corporate / SME
HanesBrands Inc., a supplier of iconic apparel brands, announced today the appointment of Mark Irvin to the company’s board of directors.Bobby J. Griffin, a director since 2006, has also announced his intention to retire from the board when his current term...
by DIGITAL MEDIA EXECUTIVE | Feb 21, 2023 | Corporate / SME, Industry View
The Merchandise exporters will have to cough up 18% Goods and Service Tax (GST) which are levied on services of transportation and goods. The same will be moving in a cash flow at a time when the exports are declining. There is a recommendation from the GST council...
by Manali bhanushali | Jun 22, 2021 | Industry And Cluster, News & Insights
Following a period of stagnation during the pandemic, the textile sector has begun to rebound strongly, and demand for cotton has increased. Cotton production is expected to rise by 5% in 2021, but demand will outstrip supply, driving up prices even further. The...