In the 36 years since China and the United States established diplomatic ties, China-U.S. commercial relations started from scratch and took off. Last year, bilateral trade in goods hit $555.1 billion, up 227-fold since diplomatic relations ...
Tags: Intellectual property, commercial cooperation, bilateral trade
An Indian footwear trade body has requested finance minister Arun Jaitley to reduce the high excise duties imposed on non-leather footwear in the latest Union Budget. The All India Footwear Manufacturers and Retailers Association (AIFMRA) ...
Kids apparel market in India is growing at a compound annual growth rate (CAGR) of 20 per cent, due to rising media exposure, high disposable income of the parents, peer pressure and brand consciousness among children, according to The ...
Tags: Apparel Market, Kids Apparel
The defence authorisation bill likely to be approved by the US Senate later this week does not include a controversial amendment requiring military branded garments sold at base retail stores to be sourced from signatories to the ...
Tags: Military Apparel, Apparel
Military branded garments sold at base retail stores owned by the US Department of Defense will comply with the Accord on Fire and Building Safety in Bangladesh, thanks to a new bill. The House of Representatives has approved the defence ...
Tags: apparel, Military-branded
The US House of Representatives has approved a defence authorization bill that requires the Bangladesh-based readymade garment manufacturing units, who process the US military-branded garments (military exchanges), to comply with fire and ...
Tags: Safety Accord, Defence Uniform
India’s garment exports are likely to increase to US$ 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 ...
Indian apparel industry is expecting positive growth in the coming years mainly due to the removal of excise duty on branded garments and madeups along with expected revival of overall economy. A report released by Care Research, a ...
Tags: Apparel Sector, Apparel
With reference to reports appearing in sections of the Bangladeshi media, this is to clarify that no new Countervailing Duty (CVD) has been imposed in the Indian Union Budget 2013-14 on Ready Made Garment (RMG) imports into India. The CVD ...
Tags: Indian Embassy, CVD, Bangla Apparel Exports
Several international retail brands are planning to invest in Indian textile sector as the Central Government has announced many incentives, including tax exemptions, to the textile and garment industry in the Union Budget 2013-14. ...
Tags: FDI, Indian Textile Sector, textile
Indian textile and apparel manufacturers are expecting boost for the sector as Union Budget 2013-14 has opened new opportunities for investments in the domestic as well as international market with reduced excise duty on branded garments, ...
On behalf of the entire Domestic Garment Industry, CMAI extends its sincere thanks to the Hon. Finance Minister, Sh. P. Chidambaram, for having heard our pleas to Remove the Excise Duty from Branded Readymade Garments. The Industry, as ...
Tags: CMAI, Branded Garments, Textiles
The Indian textile industry, employing over 100 million people directly and indirectly has been looking for various schemes and assistance in the Union Budget 2013-14 to regain its global competitiveness which faced the worst ever crisis in ...
Tags: textile industry, Union Budget, SIMA
The Union Budget 2013-14 presented by the India’s Finance Minister P Chidambaram has brought cheer for the textile and garment industry as the Central Government has accepted their long standing demand for removal of excise duty on ...
Tags: India, Textile Sector, Garments
Confederation of Indian Textiles Industry (CITI) has welcomed the Central Budget 2013-14 presented by the Finance Minister, Shri P. Chidambaram in Parliament as a positive package for accelerating the recovery of the textiles industry. In a ...
Tags: CITI, Central Budget, Textile Sector