Freight rates on major Indian trades see downward corrections after January highs
MUMBAI : After spiking dramatically amid the Red Sea crisis-linked shipping disruption, container freight rates seen on trades out of India have held firm or even declined in some cases in February, month-on-month, according
South Korea hoping to conclude FTA talks with India before possible state visit in 2024
NEW DELHI : India and South Korea are hopeful of concluding negotiations to ‘upgrade’ the Comprehensive Economic Partnership Agreement (CEPA) in 2024 before a possible state visit of the Korean President, Ambassador Chang Jae-bok
Working on sustainability practices to enhance competitiveness of apparel exporters : AEPC
NEW DELHI : Apparel exporters body AEPC on Wednesday said the industry is working on sustainability production practices as it would help enhance the competitiveness of the sector in the international market. Apparel Export
New container line starts operations in Saudi Arabia
RIYADH : A new shipping company has started operations in Saudi Arabia, called Folk Maritime, offering feeder vessel services and short-sea transportation solutions. Mr. Poul Hestbaek is the first Chief Executive Officer (CEO) of
Focus on international markets to push textile industry to be more competitive : Piyush Goyal
NEW DELHI : The Union Minister for Textiles, Consumer Affairs, Food and Public Distribution, and Commerce & Industry, Shri Piyush Goyal during his address at the CITI Textile Sustainability Awards 2024 said that the
India’s garment exports trail behind China, EU, Bangladesh and Vietnam : GTRI
NEW DELHI : India’s Textiles and Garments Exports have declined over the last five years by 7.6 per cent to $34.24 billion in calendar year 2023 from $37.16 billion in 2018, with China, the
DGFT revamped the e-BRC system to enable self-certification by exporters
NEW DELHI : The DGFT has revamped the e-BRC system to enable self-certification by exporters, eliminating the need for bank requests and paperwork. This cost-free, paperless process facilitated via DGFT’s portal enhances efficiency, reduces
Prime Minister inaugurates Bharat Tex 2024 and says it is an excellent platform to highlight India’s exceptional capabilities in the textile industry
NEW DELHI : The Prime Minister, Shri Narendra Modi inaugurated Bharat Tex 2024, one of the largest-ever global textile events to be organized in the country at Bharat Mandapam here on Monday. The Prime