Dr. A Sakthivel, Chairman AEPC, releasing the data on the apparel exports for the month of June stated that, “Apparel exports were to the tune of US D 1240 million in June 2013-14 with increase of 12.13 per cent against the ...
Tags: Indian Garment
There has been a fantastic spell of rains and some pockets in the country have had excess rainfall. As some parts of the country like Andhra Pradesh have received rainfall one month in advance it will quicken the process of more kappas ...
Tags: Season Cotton, Textile
Asian Paints has announced its financial results for the first quarter ended June 30, 2013. K.B.S. Anand, Managing Director and CEO, Asian Paints Limited, stated: "The Decorative paints business in India did well considering the challenging ...
Tags: Construction, Paints
The Government of India has raised the rate of interest subvention for credit obtained by exporters from the present 2 percent to 3 percent, in view of persistent demand to both increase the rate of subvention and also to widen the ...
Tags: Indian Govt, Subvention Rate
Dr A Sakthivel, Chairman, AEPC has welcomed the increase in rate of interest subvention from 2% to 3 %. In his statement issued Dr. Sakthivel thanked Union Finance Minister Shri P Chidambaram and Union Commerce Minister Shri Anand Sharma. ...
Tags: AEPC Chairman, Apparel
The fall of the Indian rupee against the US dollar and other major currencies has brought smiles on the faces of Indian textile and apparel exporters and why not? The Indian currency has tanked and lost nearly 10% in value against the ...
Tags: Textile&Apparel Exporters, Rupee
India’s garment exports are likely to increase to US$ 17 billion this fiscal, compared to US$ 14 billion exports made during 2012-13, according to Clothing Manufacturers’ Association of India (CMAI). Speaking at a ...
The arrivals are dwindling in most of the States and season seems to be coming to a close. Approximately 3 Crore 19 lakh bales have arrived in the market as per trade sources. CCI seems to be the best source for good cotton especially in ...
In the credit policy issued, RBI has not touched the Key rates and unchanged. In a reaction to RBI's monetary policy, Dr.A. Sakthivel, Chairman - AEPC said Industry has been disappointed with RBI's Stand. Apparel SMEs were expecting a ...
Tags: India, Apparel&Accessories, AEPC
Indicative of a 7 percent quarter-on-quarter hike, Pakistani textile firms booked Pk Rs. 8.9 billion in profits during January-March this year, indicating a growth of 180 percent year-on-year. According to The Nation report, the joint ...
Tags: Textile
The Board of Directors of Attock Cement Pakistan Limited (ACPL) has informed the Karachi Stock Exchange that the company intends to invest around $25 million in a new cement grinding unit in Basra, Iraq. The announcement was made through a ...
Tags: Attock Cement, Construction
Pricing has become a major challenge for e-commerce companies, with the companies unable to arrive at the right price line for their products and services, said e-commerce experts who spoke at Evolve, a two day summit on retail and ...
Tags: Apparel
Dr. A Sakthivel, Chairman AEPC, on behalf of the entire Textiles Industry has complimented Shri Anand Sharma for bringing in the favorable Foreign Trade Policy and timely interventions that lead to this turn around in the exports of RMG and ...
Tags: AEPC Chairman, Trade Policy
A new bill introduced late Wednesday to the US Senate aimed at strengthening Washington's sanctions against Iran could affect Asian countries that pay for Iranian crude in foreign currencies, sources familiar with the matter said Thursday. ...
Tags: Senate Bill, US Senate
Sri Lanka's Piramal Glass said profits rose 5.6 percent to 724.3 million rupees in the year to March 2012 from a year earlier, exports were doing well, but warned against higher energy costs this year. The firm reported earnings of 76 ...
Tags: Piramal Glass, Construction