by G.Thulessiraman | Aug 20, 2020 | Covid 19, Industry And Cluster, News & Insights
In April, at Trump’s request, India allowed the export of 50 million hydroxychloroquine tablets to treat Covid-19 patients in the US, the country worst hit by the pandemic. With the thought of keeping the 2 countries close partnership, on May 16 Trump said that the US...
by G.Thulessiraman | Aug 18, 2020 | Industry And Cluster, News & Insights
Tension has been mounting between China and US ever since the coronavirus outbreak. Trump calls coronavirus a “plague” which has been unleashed on the world by China. “We were unfairly treated by China because they could have stopped it”, said Trump to the reporters....
by G.Thulessiraman | Aug 7, 2020 | Industry And Cluster, News & Insights
Beijing, the Capital of China shall pay the price for the wound it has caused to America and the world by spreading the deadly coronavirus. US has decided to end its reliance on China and other foreign nations for pharmaceuticals and medical supplies. President Trump...
by munimji | Jul 18, 2020 | Finance & Economy, News & Insights
According to the US India Strategic and Partnership Forum, the Foreign Direct Investment from the US to India has surpassed 40 billion reflecting the growing economic relations and confidence of American companies in India and its leadership. In recent weeks alone,...
by munimji | Jul 13, 2020 | Finance & Economy, News & Insights
According to the commerce ministry data, the bilateral trade between the US and India was at USD 88.75 billion and the US stood as India’s top trading partner for a second consecutive financial Year 2019-20. In 2018-19, the US first surpassed China to become...
by Millionaires | Jul 8, 2020 | Industry And Cluster, News & Insights
Despite a 12 per cent decrease from the previous season attributed to trade tensions with the US and a slowdown in manufacturing during the COVID-19 containment, China is expected to remain the world’s largest importer of cotton lint and import 1.8 million...
by Millionaires | Jul 6, 2020 | Industry And Cluster, News & Insights
WOOL has taken the greatest hit of all fibre prices in the past financial year, falling 36 percent to the end of June. While fibre prices have fallen across the board, wool’s decline was the biggest with some individual micron prices falling by 57pc....
by Millionaires | Jul 6, 2020 | Industry And Cluster, News & Insights
Bangladesh is the largest importer of cotton in the world. The US$8 billion primary textile sector is moving away from importing Indian cotton. Last year, 41% of imported cotton came from East and West African countries. The African cotton is better in...
by Millionaires | Jun 26, 2020 | Industry And Cluster, News & Insights
The Australian wool market is facing a long road to recovery after the 2019/2020 selling season finished on a low note with the only positive trend being in the number of bales passed in. The AWEX Eastern Market Indicator (EMI) dropped another 29 cents per...
by Millionaires | Jun 22, 2020 | Industry And Cluster, News & Insights
The global trade of flax (raw or retted) has shown a moderate decline in in the year 2019. The total trade considerably decreased 32.58 per cent from $20.06 million in 2017 to to $13.53 million in 2019, according to data from TexPro. The total trade of flax...
by TEXTILE VALUE CHAIN | Mar 17, 2020 | Industry And Cluster, News & Insights
Exports of 1,945 Indian products, including auto components and textile materials that were availing duty incentives under the US generalised system of preferences (GSP), recorded a growth of 5 per cent to $5.47 billion during June-December 2019 period compared to the...
