Extended strikes have been organised by workers at nine foreign-owned firms since January this year, according to Myanmar’s Directorate of Investment and Company Administration (DICA).
KARACHI: A number of textile manufacturers are moving their operations abroad or at least considering overseas expansion as cost of doing business, stuck up refunds, and high interest rates make products of world’s key producer more expensive, industry officials said on Monday.
The Indian government is considering formulation of a National Textiles Policy in consultation with states, textiles minister Smriti Irani told parliament upper house on November 21 while replying to a question.
The share of micro, small and medium enterprises (MSMEs) in India’s gross domestic product during fiscals 2015-16, 2016-17 and 2017-18 was 29.5 per cent, 29.3 per cent and 29.7 per cent respectively, MSME minister Nitin Gadkari told parliament lower house citing data from the Central Statistics Office under the ministry of statistics and programme implementation.
Union Minister of Commerce & Industry Piyush Goyal on Friday said the Government has simplified the Patents regime for Start-ups, MSMEs among others to encourage innovation.
New Delhi, The Centre is considering formulation of the National Textiles Policy in consultation with states, Union Minister Smriti Irani said on Thursday.