India major gainer of China+1, exports to soar to $835 billion by 2030: Nomura

India major gainer of China+1, exports to soar to 5 billion by 2030: Nomura

New Delhi: India and Vietnam are gaining the most from the China plus one strategy, which is also expected to unlock new growth opportunities for Asian economies, according to Nomura. India’s exports will likely surge to $835 billion by 2030 from $431 billion in 2023 with its large domestic market helping attract firms looking for … Read more

A look at couture brands at recently-opened The Galleries at 32nd in Gurgaon

A look at couture brands at recently-opened The Galleries at 32nd in Gurgaon

An outfit by Aroka | Photo Credit: Angus Guite A couple of years ago, a real-estate business family (we will call them the Sharmas) chanced upon a barren land in Gurgaon, precisely 32 kilometres away from central Delhi. After investing in commercial, luxury residential, microbreweries, hospitality, and co-working spaces for decades, the idea of an … Read more

India-UAE trade pact to boost apparel exports, employment, say exporters

India-UAE trade pact to boost apparel exports, employment, say exporters

Implementation of the comprehensive free trade agreement between India and the UAE would help boost the country’s exports and creation of lakhs of jobs, according to exporters. Welcoming the signing of the Comprehensive Economic Partnership Agreement (CEPA) between India and the United Arab Emirates (UAE) on Friday, Apparel Export Promotion Council (AEPC) Chairman Narendra Goenka … Read more

Exporters fret over surging freight rates, delays at ports

Exporters fret over surging freight rates, delays at ports

Freight rates have started increasing once again after remaining steady in December, rising 10% in the first week of January, raising fresh concerns for exporters of basmati rice, tea, apparel and leather goods among others. The waiting time of consignments at ports has also increased to more than a month from 15 days, trade insiders … Read more

Gartex Texprocess India 2021 hybrid editions all set to open this week to showcase textile, apparel and denim trends

Gartex Texprocess India 2021 hybrid editions all set to open this week to showcase textile, apparel and denim trends

Gartex Texprocess India will provide a strong impetus to localisation Industry’s leading B2B exhibition for garment and textile manufacturing makes a comeback with its first hybrid edition in the post-pandemic market. Gartex Texprocess India will cater to the requirements of businesses engaged in the garment and textile manufacturing, alongside Screen Print India from 3 – … Read more