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Rupee weakening against the dollar to benefit the textile and clothing category

Related Keywords: Apparel Export Promotion Council, Apparel exports, clothing, Garment Exporters, garment producers, raw material prices, Textile, yarn exports

Apparel exports, which were almost stagnant for the last couple of years, is expected to do better. It will give the garment producers cushion against increasing raw material prices. A. Sakthivel, vice chairman of the Council said that, “However, buyers will ask for cut in rates even for existing orders, and we might not get the full benefit.”

Textile and clothing exports slid 0.4%

Related Keywords: Apparel Export Promotion Council, Apparel exports, Confederation of Indian Textile Industry, exports of cotton yarn, fabric should be from India or Bangladesh, fabrics, garment production, South Asia Free Trade Agreement with rules of origin clear for garment imports from Bangladesh, textile and clothing exports

There is positive feedback from the government on increasing the drawback rates. But this is yet to happen.A garment exporter who used to get ₹7 or ₹8 a piece from drawback is getting just ₹2 or ₹3 a piece now. Apparel exports decline 4% to $16.7 bn; yarn shipments rise. We could not bag the orders as our pricing was not competitive,” the spokesperson of the Apparel Export Promotion Council said.He also added that the garment production had declined in the last 10 months

Tirupur garment exporters pitch for separate trade pact with Britain

Related Keywords: A. Sakthivel, Apparel exports, bilateral talks, Britain shared forty percent, expand business in the UK after Brexit, Free trade agreement, head of the Tirupur Exporters' Association. EU major destination for RMG, including garment exports to UK, paramount to boost exports, UK leading market

A free trade agreement (FTA) is paramount to boost exports, including garment exports to the UK, said A. Sakthivel, the head of the Tirupur Exporters' Association. Although, the EU is a major destination for readymade garments, but the UK a leading market as Europe makes up 46 percent of apparel exports, of which Britain's share is 40 percent.

Hence, garment and knitwear exporters in Tirupur are pitching for FTA with the EU, also want a separate trade pact with Britain after it voted to leave the EU.

Rise in Sri Lankan garment, textile exports by 10.3pc in Feb

Related Keywords: Apparel exports, Central Bank of Sri Lanka, comprise nearly fifty two percent of total exports, Garments exports increased to the European Union, sharp decline in import, Sri Lankan apparel sector, Sri Lankan textile and garment exports, the United States, trade deficit, witnessed modest increase in February

Sri Lankan textiles and garments exports that comprise nearly 52 percent of total exports, during the month of February witnessed modest increase by 10.3 percent and helped to curb the negative growth of total exports to some extent, according to the Central Bank of Sri Lanka (CBSL).

Garments exports to the European Union and the United States have increased by 11.7 percent and 8.7 percent, respectively, in February 2016.

Plan being worked out for apparel cluster on Yamuna expressway

Related Keywords: Apparel Export Promotion Council, Apparel exports, approached UP Chief Minister Akhilesh Yadav, for land, generate jobs of lakhs, incentive in the FTP, more than hundred factories, on Yamuna Expressway, set up in the land cluster, to develop apparel cluster

Apparel Export Promotion Council has recently approached UP Chief Minister Akhilesh Yadav for land as plans are in formation stage to develop an apparel cluster on the Yamuna Expressway in Noida which will involve an overall investment to the tune of Rs.300 crore. More than 100 factories will be set up in the land cluster spanning 200 acres generating jobs to lakhs of people.

Bangladesh apparel exports on declining trend as buyers lose confidence

Related Keywords: Apparel exports, Bangladeshi apparel products, BGMEA, BGMEA president Anwar-ul- Alam Chowdhury, Cambodia, India, Indonesia, merchandise exports from Bangladesh, safety and compliance issues, US Department of Commerce’s Office of Textiles and Apparel (OTEXA), US market, Vietnam

Bangladeshi apparel products are losing orders over safety and compliance issues imposed after Rana Plaza tragedy and Tazreen Fashion fire incident. The declining trend is apprehended to be continued in the months to come unless measures are taken to boost up buyers’ confidence.

Apparel exports are losing edge in the US market to its competitors namely Vietnam, Cambodia, India and Indonesia, as buyers have started cutting back their orders.

Apparel exports picking up from Vietnam as China and its workers get wealthier

Related Keywords: Apparel exports, US apparel company. labour wages

U.S. apparel companies and designers have shifted their production from China to Vietnam, as they find the wages of the apparel factory workers in China has increased more than double in comparison to Vietnam.

The minimum wages are $73 to $111 a month, depending on the region in Vietnam, while in China it has raise to $300 monthly in China’s industrial hub of Shenzhen, close to Hong Kong.

Many U.S. clothing makers find Vietnam workers very skilled and responsible for making apparel the country’s No. 1 export industry.

India's apparel exports jump 26pc, earns over Rs 492 bn forex in April-October

Related Keywords: A Sakthivel, AEPC, Apparel Export Promotion Council, apparel export target, Apparel exports, K s Rao, textile export from india, Union Textiles Minister

Apparel exports have surged 26 per cent in the first seven months of 2013-14, touching Rs 49,200 crore. Speaking at an annual export award function Dr. Rao, Union Textiles Minister said, "The apparel sector has earned Rs. 49,200 crores foreign exchange in April-October, 2013, showing a growth of 26% over the same period during year 2012. Income in both the currencies i.e. INR and US$ are buoyant. In dollar terms, the growth is 15.5% (US$ 8.2 billion) during the same period"

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