by TEXTILE VALUE CHAIN | Apr 5, 2024 | Industry And Cluster, News & Insights, Textile Industry
Expected improvements have not materialized yet The last ITMF Global Textile Industry Survey (GTIS) was conducted in March 2024. It reveals a textile business climate with signs of cautious optimism amidst ongoing challenges. Despite a slight recovery in the business...
by DIGITAL MEDIA EXECUTIVE | Apr 10, 2023 | Finance & Economy
After the July 2022 RBI circular allowing rupee invoicing, payment, and settlement of commerce (exports/imports), the phrase “rupee invoicing” became popular. The new Foreign Trade Policy (FTP) 2023 suggests that both trade partners raise their invoices...
by DIGITAL MEDIA EXECUTIVE | Apr 4, 2023 | Business & Policy, Finance & Economy
According to the latest Manufacturing ISM® Report On Business® from the nation’s supply executives, the manufacturing sector’s economic activity shrank in March for the fifth consecutive month after 28 months of gain. The Manufacturing PMI® was 46.3...
by DIGITAL MEDIA EXECUTIVE | Mar 27, 2023 | cotton industry
MARKET OUTLOOK BSE’s Sensex opened at a level of 57594.51 points with a gain of about 67.41 points. On the other hand, NSE’s Nifty opened at a level of 16975.00 points with a gain of 30.00 points. Today Today, the rupee opened at a level of Rs 82.35...
by DIGITAL MEDIA EXECUTIVE | Mar 2, 2023 | Finance & Economy
Despite higher inflationary pressures, India’s manufacturing sector expanded at the slowest rate in four months in February, but remained relatively strong amid buoyant domestic demand, according to a private survey released on Wednesday. Rising borrowing costs...
by TEXTILE VALUE CHAIN | Feb 1, 2023 | Finance & Economy
The Economic Survey for FY23 presented today provided a comprehensive assessment of the Indian economy for the current year and the outlook for the ensuing year. The survey has also examined certain pertinent aspects and ideas for the country’s economic development....
by TEXTILE VALUE CHAIN | Feb 1, 2023 | Finance & Economy
The Economic Survey for 2022-23 has reaffirmed India’s economic resilience in midst of the global slowdown. In the baseline scenario a growth of 6.5% is expected in FY24, higher than our expectation of 6.1%. We feel that while India will maintain healthy growth...
by TEXTILE VALUE CHAIN | Nov 10, 2020 | Industry And Cluster, News & Insights
Democratic candidate Joe Biden’s victory in the US elections is unlikely to spell a deviation in India-US economic and strategic relationship, which is expected to keep strengthening, as both countries share a strong convergence of interest in areas ranging from trade...
by SaachiBhatia | Sep 11, 2020 | News & Insights
According to an international report on market perceptions towards textile products and sustainability, 86 per cent of consumers consider wood a sustainable textile raw material, more so than cotton. Today, only one third of wood-based clothing is comfortable with...
by TEXTILE VALUE CHAIN | Jun 5, 2020 | Industry And Cluster, News & Insights
APPAREL SALES PLUMMETS TO A HISTORICAL LOW IN MAY A Survey conducted by CMAI amongst its Members at the end of May 2020 showed a stunning decline of Sales during the month of May. Compared to the corresponding period of May 2019, the Members surveyed indicated...
by TEXTILE VALUE CHAIN | May 31, 2019 | HR & Education, News & Insights
Study on mapping of human resource skill gaps in India till 2022 • Current employment pattern An estimated 33 million people are employed in the Textile sector in India3. This is expected to increase to 45 million by 2012. The Ready Made Garments (RMG) sector, which...
by TEXTILE VALUE CHAIN | Jun 5, 2014 | HR & Education, News & Insights
Article prepared by: Manish Nangia Assistant Professor-FMS National Institute of Fashion Technology, New Delhi Research Scholar-Singhania University Pacheri Bari, Jhunjhunu (Rajasthan) Employee Relationship Management Employees are the key to transform a sound...