Page 2 - Apparel Exports

India needs MMF fabric at right price to capture global apparel trade: AEPC

India has abundant supply of manmade fibre (MMF) and yarn but needs the fibre at the right price to capture greater share in the global apparel trade, AEPC said on Tuesday.

Bangladesh garment workers pray for orders as Covid pandemic shreds exports

In the financial year that ended in June, Bangladesh's garment exports totaled $27.94 billion (21.6 billion pounds), down 18% from the previous year

Apparel exports rise 10.22 % to $1,190 mn in Sept as sector sees recovery

Industry representatives believe this is an indication that the sector has begun its V-shaped recovery and the situation would get better

Covid impact: Domestic retailers to see 40% revenue fall, predicts Icra

Indian apparel exporters are likely to see a decline of 20-25% in their turnover in 2020-21, while those focused on domestic market are expected to witness a 30-40% decline in revenue due to Covid-19

Apparel body says removal of export curb on N-95 masks to help boost sector

The government removed export curbs on N-95 masks, which are in demand due to Covid-19 pandemic, with a view to promoting outbound shipments of the product

Satyender Jain tests negative for Covid-19; discharged from hospital

The 55-year-old minister was shifted to the ICU of Max Hospital, Saket, on June 19 after his condition worsened

Apparel manufacturers seek faster clearance of consignments from China

Apparel industry is dependent on several inputs, which are not available domestically or have to be imported in accordance with buyers' requirements

Covid-19: Apparel exporters seeks stimulus package covering wages, credit

Wants wages to be paid out of ESI funds, govt to make employer's PF contribution; seek minimum 25% hike in working capital limits, without additional collateral

Top biz headlines: GoAir stops int'l ops, exporters seek govt aid, and more

From GoAir suspending international flights to digital payments getting the boost amidst Covid-19 concerns, Business standard brings to you the top headlines of the day

Desperate apparel exporters seek govt intervention amid coronavirus scare

Low levels of working capital as a result of major cancellations of orders and a fall in export realisations have led to apparel exporters seeking government intervention

Top 10 products that can boost India's apparel exports: AEPC compiles list

Sakthivel sought the government's support in engaging the Indian missions to promote the shipments.

Apparel exporters facing liquidity crunch as funds are blocked: FIEO

The RSCTL scheme was not implemented in the entire 2019 and MEIS also stopped from August last year for apparel and made-ups sectors, FIEO President Sharad Kumar Saraf said in a statement

Coronavirus: Spurt in fertiliser import costs seen due to plant closure

Exporters not to worried for now, say concerns may kick in only if virus spread isn't controlled; leather sector stand to gain.

Govt revises drawback schedule for apparel sector; exporters want more FTAs

The notification on revision of drawback schedule will come into effect from February 4, 2020

Review withdrawal of MEIS, reinstate benefits: Apparel export body to govt

As the industry has already taken benefits of RoSCTL and MEIS into account in costing and tax-planning, Sakthivel said, withdrawal of any of these benefits will affect their working capital

India's apparel exports to US rise 5% post withdrawal of duty concessions

"Balance of apparel trade was in favour of India by $4 billion during 2018. Post-withdrawal of GSP, imports of apparel will be subject to higher tariff."

Apparel industry expects uptick in exports in last two quarters

Apparel exports to the largest market US showed a steep decline of 13 per cent in April-August 2019 as compared to that in April-August 2018

Free trade agreements, EU slowdown threaten Indian apparel exports: Icra

The impact though, is expected to be cushioned by the transitory increase in export incentives till December 2019

India's apparel exports to see modest growth in near term, says report

The exports have seen a sharp de-growth of 14 per cent year-on-year in the first four months of this financial year

India's apparel exports decline by nearly 4% in year of GST

Backed by its duty-free access to the EU market, Bangladesh retains its status as the second-largest apparel exporter after China