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Budget 2025: Textile and apparel industry welcomes Union Budget
01 Feb 2025 12:39 GMT
… a flat 20 per cent import duty or Rs 115… a greater purchase of clothing and home textiles.
Rajeev Gupta, CEO, … ’s traditional textile sector, increase exports, decrease reliance on imports, and promote … up digital infrastructure for trade as well as the …
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Textile stocks Ambika Cotton Mills, Arvind and others soar up to 10% as FM announces 5-year cotton mission
01 Feb 2025 10:44 GMT
… ) initiatives aimed at enhancing bilateral trade through agreements and treaties. Additionally … cotton producer, India’s textile and apparel exports stood at USD 35 … total merchandise exports."
"However, India continues to import cotton to …
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Indian FM’s Budget Speech – Highlights for textile sector
01 Feb 2025 09:22 GMT
… such as agro-textiles, medical textiles and geo textiles at competitive prices, I … items for duty free import by bonafide exporters for manufacture of handicrafts … Wet Blue leather to facilitate imports for domestic value addition and …
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‘People want clothes that match their values’: sustainability takes centre stage at Nairobi fashion week
01 Feb 2025 09:05 GMT
… hand-painting inspired by traditional textile art. Photographs: Serrah … countries on the continent export the bulk of the … the waistCameroonian designer Sikoti Mbaitjongue imports cotton from Benin, but … clothes] has been watered down, and that’s a textile …
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India Budget 2025-26: 20% import duty on knitting fabric with a rider
01 Feb 2025 08:33 GMT
… knitted fabric to curb cheap imports, mainly from China.
Certain … Sitharaman also said that an Export Promotion Mission will be set … this category.
Ludhiana based textile yarn trade Ashok Singhal said, “At … kg. This will restrict import to a great extent.”
…
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Businesses advised to expand exports to EU via official channels
01 Feb 2025 07:02 GMT
… third-largest export market, encompassing strong sectors such as footwear, textiles, agricultural … the agreement.
Since 2021, the import turnover of Vietnamese goods in … the Ministry of Industry and Trade, noted that EU retailers prioritise …
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S. Korea's export falls 10.3 pct in January on fewer business days
01 Feb 2025 04:57 GMT
… Import retreated 6.4 percent to 51 billion dollars, sending the trade … dollars, while export for home appliances, textiles and secondary batteries … each.
Regarding import items, the import of three major … last month.
Non-energy imports slipped 3.9 percent …
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Global conflicts, trade restrictions continue to pose growth risks
01 Feb 2025 03:51 GMT
… geopolitical tensions had reshaped global trade. “Geopolitical risks and … 19. The stock of import-restrictive measures within G20 … 12.7% of G20 imports—more than three times … key Indian export sectors such as chemicals, machinery, textiles, and electronics …
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GSP+ withdrawal to hit exports
01 Feb 2025 01:23 GMT
… raised eyebrows in export community, particularly in the textile and garments sector … ;s exports to the EU surged by 108%, while imports from the … EU rose by 65%. The total trade volume …
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Turn export challenges into opportunities with strategic road map
31 Jan 2025 23:44 GMT
… could impact important export sectors like chemicals, machinery, textiles and electronics.
“Over … shift from globalisation to rising trade protectionism accompanied by increased uncertainty … FDI through their impact on imports by encouraging FDI to the …