Export-led growth in Bangladesh has been largely fuelled by an abundant supply of low-cost labour and duty-free access to the EU and US markets.
Experts call for focus on garmenting with strategy, efficiency.
Tirupur: The apparel export promotion council (Aepc) has warned the central government that if it failed to provide funds to the apparel exporters under supportive schemes, many export units would be closed and subsequently spark an unemployment crisis.
Coimbatore: A study conducted by textile industrial association Indian Texpreneurs Federation (ITF) on the current state of the sector has shown that about 45% of the firms across the state are facing a ‘severe or very severe’ crunch in their working capital requirements, which is affecting their performance.
Under the Prime Minister's Employment Generation Programme (PMEGP) a total of about 5.70 lakh micro enterprises have been assisted, said an official statement on Monday.
New Delhi: A two percentage point cut in duty incentives under an existing export scheme effective January 1 has panicked electronics manufacturers, who say the reduction has the potential to derail the $3 billion mobile handset export segment, halting capacity expansion and leading to job losses.