New Delhi, Feb 17 (IANS) The Apparel Export Promotion Council (AEPC) on Tuesday said the latest ready-made garment (RMG) figures show resilience of Indian apparel exporters, who continue to navigate challenging international conditions.On a cumulative basis, RMG exports during April–January 2025-26 stood at $13,129.1 million, registering a growth of 1.6 per cent over the corresponding period of April–January 2024-25 and a significant growth of 13.3 per cent compared to April–January 2023-2…
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New Delhi, Jan 27 (IANS) India is expected to gradually increase its market share from 5 per cent to 8-9 per cent in the EU’s ready-made garment (RMG) imports, unlocking an incremental annual export opportunity of nearly $4-4.5 billion over the medium term, a report showed on Tuesday.The European Union (EU) is the world’s largest RMG market, with imports of nearly $84 billion (excluding trade among EU countries) in 2024, according to the report by CareEdge Ratings.India currently exports $4….
New Delhi, Jan 4 (IANS) Bangladesh’s jute industry is steadily losing its edge in the global market as high production costs, outdated machinery and low productivity continue to drag the sector down, according to Bangladesh Jute Spinners Association (BJSA) Chairman Tapash Pramanik.In an interview with ‘The Daily Star’, Pramanik said jute mills in Bangladesh are struggling to compete with rivals from other countries that have modernised their factories and reduced costs through better techn…