India is emerging as one of the preferred destination for International garment companies to shift their base from China.
CHENNAI: Manufacturers of N95 masks in the country have urged the Centre to remove all export restrictions imposed on the product since they are losing export orders worth crores or rupees and have been unable to cash in on a massive business opportunity in the overseas markets.
Chennai: When German leisure wear brand Marc O’Polo called its Indian vendor Warsaw International to place an order for supply of some jerseys, proprietor Raja Shanmugam knew this order was different.
The Directorate General of Foreign Trade (DGFT) on Tuesday (25 August) announced to lift the restriction on the export of medical coverall, the personal protective equipment (PPE).
TIRUPUR: Textile units here praised the Centre for removing the restrictions on export of medical coveralls and N95 masks.
Garment exporters have started seeing revival of demand, which in turn has increased capacity utilisation to around 60-80 per cent.