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NEW DELHI, Dec 27: To ensure that at least a contribution worth USD two trillion comes from the Micro, Small and Medium Enterprises sector for the envisioned GDP of USD five trillion economy by 2024, the ministry has taken many steps during the year for technology advancement, skill development and job creation.

New Delhi [India], Dec 27 (ANI/NewsVoir): The garment industry of India is rupees one trillion industry. Approximately 33 per cent of its knitwear production and about 20 per cent of its woven-garment production, both by volume, enters the export markets.

Indian minister for commerce and industry and railways Piyush Goyal recently met representatives from 37 Export Promotion Councils (EPCs), the Federation of Indian Export Organisation (FIEO) and three Commodity Boards under the department of commerce.

Gurugram Cyber criminals allegedly siphoned off ₹89.51 lakh from the bank account of a garment manufacturing company in Udyog Vihar in three days, the police said on Friday. The suspects are yet to be identified.

Export of Bangladeshi readymade garments (RMG) has been declining since the past four months.

New Delhi, Dec 27 (KNN) Industry experts and the exporter-importer community of India have been calling for a watchdog or a regulatory body to regulate proper policy and bring transparency in the country’s logistic sector.

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