The future for the Indian textile industry looks promising, buoyed by both strong domestic consumption as well as export demand as China is drifting away from textile manufacturing activities. With consumerism and disposable income on the rise, the retail sector has experienced a rapid growth in the past decade with the entry of several international players like Marks & Spencer, Guess and Next into the Indian market.
China, the worlds largest importer of cotton, has been eyeing Myanmar-produced cotton with much greater interest in the wake of its trade war with the…+ More
Exporters concerned over unfolding trade tussle between the US and China India’s year-on-year export growth jumped 17.57 per cent to $27.7 billion in June riding…+ More
The West Bengal government on Thursday increased, up to Rs 1 lakh, the threshold limit for the electronic-way or e-way bill in case of movement…+ More
The trade deficit in June 2018 is the highest since November 2014 when the gap was USD 16.86 billion. The deficit in June 2017 stood…+ More