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Arvind Ltd focus to build multipronged strategy for growth

Related Keywords: Arvind Limited, built on four planks, EU, focusing on multipronged strategy, Free trade agreement, growth, innovation, intends to become a strategic partner, labour law, multi-fibre, sustainability, Textile Industry, textile major, verticalisation, with its customers

Arvind Limited, textile major intends to become a strategic partner with its customers by focusing on a multipronged strategy for its growth. Their strategy will be built on four planks — sustainability, innovation, verticalisation and multi-fibre, company’s Chairman and Managing Director Sanjay Lalbhai said in an interview.

Garment exporters face tough competition not having zero duty access to EU market

Related Keywords: Bangladesh, China, European Union, Garment Exporters, GSP plus, labour law, Pakistan, readymade garment industry, wage rate, zero duty access

EU being the largest market for Indian textile exports, Indian garment exporters have to face tough competition from neighbouring countries for export of readymade garments mainly due to zero duty access to European Union (EU) available to Bangladesh and inclusion of Pakistan in GSP plus by the EU. Apart from this, difference in wage rates, labour laws etc.
 

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