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byline requested COIMBATORE: With the US tariffs hitting hard, apparel and textile exports saw 12.91 % slump in October compared with last October. While textile shipments last month were worth $ 1,597 million, apparel exports were $ 1,069.42 million as against $ 1,833 million (textiles) and $ 1,227 million (apparel) in October 2024. Exports of…
US President Donald Trump on Tuesday said that he spoke with Prime Minister Narendra Modi and the two leaders talked about trade and Pakistan situation. The conversation came on the occasion of Diwali, as he went on to light lamps at the White House.“Let me extend our warmest wishes to the people of India. I…
MEG is one of the main raw materials for the production of polyester fibre and filament. | Photo Credit: PERIASAMY M The textile industry has appealed to the government to not levy anti-dumping duty on Mono Ethylene Glycol (MEG), which is one of the main raw materials used in the production of polyester fibre and…
Two major sectors that have a dominant presence of Micro, Small and Medium-scale Enterprises (MSMEs) and are expected to gain immensely from the India-U.K. Free Trade Agreement are textiles and engineering. Elimination of tariffs on textiles and garments from the earlier average level of 12% will remove the duty disadvantage that the Indian exporters faced…
The textile industry, which is the main consumer of cotton, has welcomed the decision of the Central government to postpone implementation of Quality Control Order on cotton bales. | Photo Credit: S_HARPALSINGH The Bureau of Indian Standards (BIS) has postponed the implementation of Quality Control Order on cotton bales to August 2026 from August this…
With India restricting import of readymade garments from Bangladesh through land ports, domestic garment manufacturers hope to see revival in orders. In a notification issued on May 17, the Director General of Foreign Trade (DGFT) said readymade garments can be imported from Bangladesh only through Nhava Sheva and Kolkata ports. “Dealers in northern States were…
The artists at work | Photo Credit: special arrangement Echoes of the Coromandel, an art show currently exhibited at DakshinaChitra Museum, Chennai, takes viewers on a voyage along the south-eastern coast of India, previously a thriving maritime connection to Southeast Asia. Developed by a team of ten interns working through the museum’s year-long Dak Chola…
The artists at work | Photo Credit: special arrangement Echoes of the Coromandel, an art show currently exhibited at DakshinaChitra Museum, Chennai, takes viewers on a voyage along the south-eastern coast of India, previously a thriving maritime connection to Southeast Asia. Developed by a team of ten interns working through the museum’s year-long Dak Chola…
On April 10, China’s National Film Administration declared imports of American films would be “moderately reduced” in response to the US government’s “abuse of tariffs”. This curious retaliation is just one of the several responses that China has unleashed since Trump’s April 2 tariffs. Not only did China raise tariffs on American goods, but it…
The company’s shares rose nearly 3% in extended trading after its report came out [File] | Photo Credit: AP Netflix fared better than analysts anticipated during the first three months of the year, signaling the world’s largest video streaming service is still thriving as President Donald Trump’s policies cast a pall on the economy. The…
