Finance minister Nirmala Sitharaman's longest ever budget speech on February 1 was complex, but it contained announcements to boost the income and purchasing power of consumers.
Rieter and the Cotton & Textiles Holding company have signed additional contracts related to the modernisation programme for the Egyptian textile industry, during the recently held Swiss-Egyptian Investment Forum in Cairo, Egypt.
US-based apparel manufacturer FAM Brands has acquired women’s apparel brand Wildfox for an undisclosed sum.
The country's export earnings in the past seven months also saw a 5.21% drop
The rapid spreading of the new coronavirus that emerged in China has halted production in the country, as many are no longer able to leave their houses to work across several provinces due to city lockdowns. This has pushed businesses to find alternative manufacturing markets, including Turkey.
Quality should be maintained, but in the right way