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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.”

Dull business clouds encircle Surat textile industry this festive season

Related Keywords: anti-dumping duty, festive season, liquidity crunch, low market response, manmade textile players, raw material prices, South Gujarat Textile Exporters' Association, South Gujarat Textile Processors Association, Surat textile industry

Dull business since past 4-5 months has created liquidity crunch among the man-made textile players, especially in the processing, dyeing and weaving value chain. This has led to reduced ability among the textile players to process orders for the festive season this month.

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