The operating margins of domestic cotton yarn spinners are likely to shrink 100-150 basis points (bps) in financial year 2020 mainly because of lower cotton output, rising cotton prices, and moderating demand.
Factories in Ethiopia making clothes for top global brands are paying their workers far less than counterparts in other low-paying countries, according to a report by New York University's Stern Center for Business and Human Rights released this week.
With newly built industrial parks and a range of financial incentives, Ethiopia is working hard to become the world’s next garment garment exporter.
Clarity on anti-profiteering, cross-charge of employee cost among issues that need faster resolution, say experts.
NEW DELHI: The 15th Finance Commission will meet RBI Governor Shaktikanta Das and representatives of banks and financial institutions during its two-day visit to Mumbai beginning May 8, according to an official statement.
HANOI, May 8 (Xinhua) -- Vietnam gained over 9.4 billion U.S. dollars from exporting garments and textiles in the first four months of this year, up 9.8 percent year-on-year, according to the country's Ministry of Industry and Trade on Wednesday.