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Indian textile and apparel exports continue to squeeze ChinaAs China controlled the pandemic well first in 2020, its textile and apparel exports witnessed a growth of 33.7%. With the downstream demand recovery, Indian textile and apparel exports surged by 39.6% in 2021, while the growth rate of Chin
The COVID-19 pandemic had its adverse effect on the sales of the Indian textiles and apparel industry, with overall sales dropping by 36 per cent in H1 FY21 compared to that in H1 FY20. In Q2 FY21, however, there have been signs of a remarkable recovery, with the average EBIDTA percentage recovering
The Indian textile ministry recently opposed the final findings of the Directorate General of Trade Remedies (DGTR) recommending the imposition of anti-dumping duty (ADD) on nylon multifilament yarn. In a letter to the deputy secretary of the department of revenue, the textile ministry stated that n
India’s textiles and apparels exports for the fiscal 2019 just grew 1.66% to $35.969 billion as compared to $35.381 billion in the previous fiscal, mainly due to a sharp drop in the shipment of apparels.India’s textiles and apparels exports for the fiscal 2019 just grew 1.66% to $35.969 billion as c
