Garments shipments to non-traditional markets grew by 55.63 per cent to USD 403.14 million in the first month (July) of the current fiscal year (FY2019–20) compared to the same period of the previous year (2018–19).
CAIRO - 5 September 2019: Egypt's textile exports rose 0.3 percent to reach $1.756 billion during the period from January to July 2019, up from $1.752 billion in the same period last year.
Tirupur: Apparel exporters have appealed the central government to relax a customs board rule that ‘blacklists’ them for violating export rules and availing government benefits through manipulative ways.
The rupee rose by as much as 28 paise against the US dollar on Thursday, moving further away from the year's lowest level of 72.40 touched this week. After opening higher at 71.85 against the greenback, the rupee climbed to as much as 71.84 at one point in morning deals.
Better infrastructure networks and credit facilities are required to boost textile exports, suggests a new study.
The on-going US-China trade war provides big opportunity for India to attract US investments in garments.