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India-EU FTA corrects tariff disadvantage faced by textile exporters against competitors - GovtThe India-EU free trade agreement will correct a tariff disadvantage faced by textile exporters against competitors like Bangladesh, Pakistan and Turkey in the 27-nation bloc by providing zero-duty access to its USD 263.5 billion textiles export market, the government said on Tuesday. India and the European Union (EU) on Tuesday announced the conclusion of negotiations for a free trade...0 Commentarios 0 Acciones 299 Views 0 Vista previa
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India-EU FTA to bring Indian textile exporters on par with global competition in EU marketThe FTA provides immediate zero duty on 100 per cent tariff lines, and opens up direct access to the $263 billion EU textile market The India-EU Free Trade Agreement (FTA) is a shot in the arm for the Indian textile industry, which is facing crisis due to the additional tariff imposed by the US on August 27. The FTA provides immediate zero duty on 100 per cent tariff lines, and opens up direct...0 Commentarios 0 Acciones 456 Views 0 Vista previa
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Indian textile exporters turn to Europe, offer discounts to offset US tariffsSynopsis Indian textile exporters are diversifying to the EU market and offering discounts to U.S. customers to counter steep tariffs. With trade talks between India and the EU in a decisive phase, exporters are upgrading facilities to meet EU standards and reduce reliance on the U.S., their largest market. Some companies face potential job losses and consider relocating production if U.S....0 Commentarios 0 Acciones 305 Views 0 Vista previa
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Textile Exporters see higher wage bills, compliance costsThe codes introduce a universal minimum wage across organised and unorganised sectors, replacing a framework that covered only about 30% of workers. Industry experts, however, point out that the full impact on businesses and workers will become clear only after states notify their own rules. India’s textile and apparel exporters — already hit by US...0 Commentarios 0 Acciones 277 Views 0 Vista previa
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Tirupur Exporters Association urging Government support to establish housing for migrant workersIn order to draw migrant workers to the knitwear export hub, the Tirupur Exporters Association (TEA), which is experiencing a manpower crisis, has asked the government for assistance in establishing accommodation facilities for these workers. Currently, Tirupur can hire more than 1 lakh more workers, according to TEA President K M Subramanian. The demand for a larger workforce, especially...0 Commentarios 0 Acciones 292 Views 0 Vista previa
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Vietnam Exporters Align with EU Sustainability MeasuresVietnam's textile and footwear sector is entering a new phase in its relationship with Europe: growth still matters, but compliance is quickly becoming the price of admission. As the European Union tightens environmental and product requirements, Vietnamese exporters are rethinking how they produce and deliver, moving toward greener, more circular models that cut waste, emissions, and resource...0 Commentarios 0 Acciones 32 Views 0 Vista previa
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Weak rupee offers exporters marginal edge as input costs surgeThe Indian rupee has fallen to an all-time low against the US dollar, offering a marginal boost to export competitiveness while simultaneously raising concerns over higher input costs and weakening trade momentum. Industry executives indicated that although the depreciation could improve price realisation for exporters, particularly in price-sensitive markets, the benefits are likely to be...0 Commentarios 0 Acciones 176 Views 0 Vista previa
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