The rupee on Thursday slipped four paise to touch the crucial psychological level of 70 against the US dollar. The domestic currency on Wednesday declined by 24 paise to close at 69.86, weighed down by a strong dollar sentiment and high demand for the greenback from importers.
Hyderabad, Apr 24 (KNN) Government of Telangana has invited applications for the third edition of the industry awards to recognize the exceptional achievements of businesses both large and small within the state.
London — Fashion brand H&M has become the first major retailer to list individual supplier details for each garment on its website to increase transparency in an industry with high risks of slavery and labour abuses.
Vietnam’s garment and textile exports exceeded $36 billion last year and is expected to top $40 billion this year, according to the Vietnam Textile and Apparel Association (VITAS), whose chairman Vu Duc Giang recently said 7,000 enterprises in the sector provide jobs to 3 million. The growth of industry rose from 12 per cent in 2010 to 16 per cent in 2018.
Vietnam exports its apparel and textile products to 180 countries.
From 180 textile mills in the past to about 20 today, the Nigerian textile industry has journeyed from boom to bust. DAYO OKETOLA analyses the Central Bank of Nigeria’s foreign exchange restriction on textile imports and the implication for the ailing industry.