NEW DELHI: As businesses brace for Trump’s reciprocal tariffs, there is palpable tension with exporters expecting turbulence at least during the first quarter of the new financial year.Already, engineering goods exporters, dealing in iron and steel and aluminium products, are facing a hit on $5 billion of shipments in transit as US president Donald Trump…
Representative Image Apparel exporters’ body AEPC on Tuesday suggested the government to introduce reforms in labour laws, improve schemes for skilling the workforce and make policy for fabric import flexible to boost exports. Apparel Export Promotion Council (AEPC) Chairman Sudhir Sekhri said that the exports target of USD 40 billion for ready-made garments by 2030…
Representative image The country’s apparel exports rose 11.6 per cent to USD 11.31 billion during the April-December period of this fiscal year due to healthy growth in markets such as the US, the UK, and Germany, AEPC said on Thursday. The Apparel Export Promotion Council (AEPC) said this is the appropriate time when India needs…
Representative image New DelhiI: India aims to boost its textile and garments industry in next month’s budget with financial support, tariff cuts on key inputs and incentives to produce locally, two government sources said. An ongoing political crisis in neighbouring Bangladesh has prompted global retailers to explore alternatives, including India, for garment imports, exporters told…
Representative Image Apparel Export Promotion Council (AEPC) on Sunday said huge import opportunities are there for British apparel firms in India and they should participate in large numbers in the upcoming mega textile show here next year. Bharat Tex 2025 will be held here from February 14-17, 2025, at Bharat Mandapam and from February 12-15…
“Our constant endeavour to be sustainable and affordable is a great attraction for international buyers which is reflected in recent months’ exports growth,” the Chairman said. New Delhi, The industry’s focus on quality products and sustainable manufacturing practices is helping to increase India’s ready-made garment exports, which rose by 35 per cent in October, AEPC…
Representative image The country’s ready-made garment exports (RMG) in August rose by about 12 per cent to USD 1.26 billion despite global headwinds and challenges such as high logistic cost, according to the commerce ministry data. Cumulatively, RMG exports during the April-August period of 2024-25 grew by 7.12 per cent to USD 6.39 billion. Apparel…
Cotton textile and garment exporters expect an 8-10% rise in outbound shipments in the next few months with the holiday season in the developed markets expected to bring relief even as apparel export slump continues with order deferments and requests for price cuts. Inflation and economic slowdown in advanced economies, coupled with piled up inventory…
